(Reuters) -Indian shares opened lower on Thursday after the United States said it would impose a 25% tariff on goods imported from the country starting August 1 and an unspecified penalty. The Nifty 50 fell 0.

US President Donald Trump's decision to impose 25% tariffs on goods imported from India could hit the country's growth prospects, experts say. It is unclear how big the hit could be, given that Trump has announced an unspecified penalty in addition to the 25% tariff rate.

Trump says India will pay a tariff of at least 25% India also faces penalty for buying energy from Russia Trump says US and India are still in trade talks US is unveiling trade deals ahead of Aug. 1 tariff hikes Today’s tariffs on India follow a series of trade moves Trump has taken against both the US allies and rivals.