Trump hikes India’s tariffs by 25% for buying Russian oil, bringing total to 50%
US President Donald Trump on Wednesday signed an executive order imposing an additional 25 percent tariff on goods from India, raising total US tariffs on the country to 50 percent. The move, effective in 21 days, is aimed at pressuring both India and Russia as part of US efforts to end the war in Ukraine.
US President Donald Trump on Wednesday signed an executive order imposing an additional 25 percent tariff on goods from India, raising total US tariffs on the country to 50 percent. The move, effective in 21 days, is aimed at pressuring both India and Russia as part of US efforts to end the war in Ukraine.
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