Trump imposes additional 25% tariff on India over Russian oil purchases

Trump hikes India tariffs

WASHINGTON — President Donald Trump signed an executive order Wednesday to place an additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the U.S. on its ally to 50%.

Trump announces 50% tariffs on India for buying Russian oil

US President Donald Trump on Wednesday imposed an additional 25% tariff on imports from India in reprisal for buying Russian oil, bringing the total surcharge to 50%. Washington claims Prime Minister Narendra Modi's Government was 'fueling the war machine' by funding Russia's military deployment in Ukraine.

'Severe setback': Trump imposes extra 25 per cent tariff on India for buying Russian oil

The new import tax will raise duties on some Indian exports to as high as 50 per cent — among the highest levied on any US trading partner.

Trump hikes India levy over Russian oil as tariff deadline approaches

US President Donald Trump on Wednesday ordered steeper tariffs on Indian goods over New Delhi's continued purchase of Russian oil, opening a new front in his trade wars hours before another wave of duties takes effect.

Tariff on India hits 50%, triggered by nation's allegiance to Moscow * WorldNetDaily * by Bob Unruh

Trump explains, 'I find that the government is currently directly or indirectly importing Russian oil'

Donald Trump Imposes Additional 25% Tariff on India: Industrialist Anand Mahindra Says ‘India Must Seize This Moment to Become Greater Than Ever’ | 📰 LatestLY

Top industrialist Anand Mahindra on Wednesday said that we should be moved to make our own nation greater than ever in the wake of 50 per cent tariffs the US has imposed on the country, and India should seize this moment to shape a virtuous consequence for itself. 📰 Donald Trump Imposes Additional 25% Tariff on India: Industrialist Anand Mahindra Says ‘India Must Seize This Moment to Become Greater Than Ever’.