Trump doubles India tariffs to 50% for buying Russian oil
US President Donald Trump on Wednesday slapped an extra 25% tariff on goods from India, saying the country directly or indirectly imported Russian oil.
How India can turn Trump's tariffs into a strategic advantage
The new tariff of additional 25%, announced on Wednesday, will come into effect 21 days from August 7. This sharp increase in duties come at a time when trade talks between the two countries reached a dead end.
In numbers: Trump doubles tariffs, targets India over Russian oil trade
US President Trump will double tariffs on India to 50% this month, punishing New Delhi for buying Russian oil, citing its continued imports of Moscow’s energy.
From 25pc to 50pc, US slaps ‘penalty tariffs’ on India for Russian oil
US President Trump slapped additional 25 percent tariff on goods coming from India as penalty for New Delhi's continued buying of Russian oil.
Trump slaps 25% additional tariffs on India
WASHINGTON: US President Donald Trump on Wednesday ordered an additional 25% tariff on Indian goods over New Delhi's continued purchase of Russian oil, a key revenue source for Moscow's war in...
India to maintain Russian oil imports despite Trump threats, say govt sources
India will keep purchasing oil from Russia despite US President Donald Trump's threats of penalties, two Indian government sources told Reuters on Saturday, not wishing to be identified due to the...
last updated on 7 Aug 04:55