The US will impose a 25% tariff on Indian goods starting August 7, intensifying tensions after the US President called India a "dead economy." Secretary of State Marco Rubio linked India's oil trade with Russia to aiding the Ukraine war. India maintains it remains a "bright spot," with Piyush Goyal assuring protection of farmers and exporters. Meanwhile, opposition leader Rahul Gandhi slammed the government’s foreign policy, accusing it of damaging the economy. Business leaders voiced concern over rising uncertainty and called for a stable trade framework to meet the $500 billion trade goal.