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News

Trump doubles India tariff to 50% over Russian oil purchase

The New York Times · 2d
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.
USA TODAY · 11h
Trump doubles India's tariffs to 50% as penalty for importing Russian oil
U.S.-India ties are facing their most serious crisis in years after talks with India failed to produce a trade agreement.
Associated Press News · 15h
How India’s oil trade with Russia led to a 50% US tariff
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 United States on its ally to 50%.
5hon MSN

US-India Relations At Risk? Ex-US NSA Bolton Warns Trump’s Tariffs Could Aid Russia, China

Bolton criticized Trump for undermining decades of US diplomatic efforts to draw India away from its long-standing ties with ...
2don MSN

Indian benchmarks erase losses as hopes of US-Russia talks arrest tariff-led slide

India's stock benchmarks erased intraday losses to settle flat on Thursday, as news of a U.S.-Russia presidential meeting ...

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