Goyal to Face Parliament on US Tariff Storm, Russia Sanctions Fallout
Union Minister Piyush Goyal will address the Lok Sabha on Thursday, July 31, 2025, regarding the escalating trade tensions with the United States. His statement will focus on the recently announced 25% tariffs on certain Indian imports.
The impending address follows weeks of intense negotiations and escalating rhetoric from the US side. The proposed tariffs are a significant concern for Indian businesses and exporters.
Goyal’s statement is also expected to address the complexities surrounding India’s trade relationship with Russia, and any potential penalties levied by the US. The government will likely clarify India’s position on this multifaceted issue.
The upcoming parliamentary address holds significant weight, given the potential impact of these trade decisions on India’s economic growth and global standing. The nation awaits clarity on the government’s strategy to mitigate the negative consequences of these developments.
