Trump Implements 50% Tariffs on India Over Russian Oil
TL;DR Summary
The US has imposed up to 50% tariffs on Indian goods, including a 25% tariff on Russian oil purchases, straining US-India relations and threatening Indian exports and jobs. Despite failed negotiations and political disagreements, analysts suggest India could use this crisis to pursue economic reforms and diversify markets, while both countries reaffirm their strategic partnership.
- Trump's doubling of tariffs hits India, damages relationship with US Reuters
- Trump’s 50% tariffs on India come into force as president puts pressure on country over buying Russian oil – US politics live The Guardian
- Trump hits India with punishing 50% tariff, among the highest the US charges CNN
- Trump Raises Tariffs on India to 50% Over Russian Oil The New York Times
- Trump’s 50% Tariffs on India Kick In, Putting Exports at Risk Bloomberg
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