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Trump hikes India tariffs to 50% over Russian oil

1 min read
Source: CNBC
Trump hikes India tariffs to 50% over Russian oil
Photo: CNBC
TL;DR

US President Donald Trump has imposed a 50% tariff on India, citing its import of Russian oil, as part of his broader strategy to punish countries supporting Russia's invasion of Ukraine. The tariffs, set to take effect in 21 days, are among the highest the US has levied on its trading partners and reflect Trump's stance on penalizing Russian energy purchases.

Topics:nationworld#india-tariffs#russian-oil#trade-policy#trump#us-india-relations#world
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  1. Trump raises India tariffs to 50% over Russian oil purchases  CNBC
  2. Trump order imposes additional 25% tariff on goods from India  Reuters
  3. Trump Was Asked If US Imports Uranium, Fertilisers From Russia. His Reply  NDTV
  4. Narendra Modi and Donald Trump go head-to-head  The Economist
  5. Trump doubles tariffs on India to 50% over Russian oil purchases  Axios

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