Trump hikes India tariffs to 50% over Russian oil
TL;DR Summary
US President Donald Trump has imposed a 50% tariff on India, citing its import of Russian oil, as part of his broader strategy to punish countries supporting Russia's invasion of Ukraine. The tariffs, set to take effect in 21 days, are among the highest the US has levied on its trading partners and reflect Trump's stance on penalizing Russian energy purchases.
- Trump raises India tariffs to 50% over Russian oil purchases CNBC
- Trump order imposes additional 25% tariff on goods from India Reuters
- Trump Was Asked If US Imports Uranium, Fertilisers From Russia. His Reply NDTV
- Narendra Modi and Donald Trump go head-to-head The Economist
- Trump doubles tariffs on India to 50% over Russian oil purchases Axios
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