Trump tariffs: India faces 25% hike as deadline looms
by Farah Bahgat · DWUS President Donald Trump has increased the tariffs to be imposed on Indian imports to a total of 50%. This comes a day before many of Trump's vaunted tariffs targeting various countries are due to come into effect.
Many of Trump's tariffs are due to come into effect on Thursday, with varying rates being imposed on different countries.
The US president has announced that India will face an extra 25% tariff on their imports to the US, bringing the total rate to 50%. Trump said the steep rate was over India's continued purchase of Russian oil.
New Delhi has called the move "unfair, unjustified and unreasonable."
Carry on reading for all the latest developments, explainers and analysis on the Trump tariffs on Wednesday, August 6: