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News

Trump Doubles India Tariff

NBC News on MSN · 1h
Trump hikes India tariffs to 50% for buying Russian oil
In an executive order, Trump says "I find that the Government of India is currently directly or indirectly importing Russian Federation oil" and due to those purchases, imports of Indian goods into the United States "shall be subject to an additional ... rate of duty of 25%."
The New York Times · 3h
Trump to Double India’s Tariff as Punishment for Buying Russian Oil
Tariffs on Indian exports to the United States will surge to 50 percent by late August, as part of an effort by President Trump to pressure Russia into resolving its war in Ukraine.
The Washington Post on MSN · 6h
Trump raises tariffs on India to 50 percent, citing Russian oil purchases
Import taxes on Indian goods were already set to go to 25 percent after midnight Thursday. The rate would double in three weeks under a White House order.
26m
Trump orders India tariff hike to 50% for buying Russian oil
India, which now faces among the highest tariff rates imposed by the US, called the levy "unjustified and unreasonable".
4hon MSN
Analysis-India-US spat over trade and oil threatens wider fallout
By Krishna N. Das, David Brunnstrom and Shivam Patel NEW DELHI/WASHINGTON (Reuters) -U.S. President Donald Trump's tirade ...

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