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Trump raises India tariff to 50% over Russia oil purchase

CNN on MSN · 2d

Trump threatens India with 50% tariff as negotiations fizzle and Modi keeps importing Russian oil

President Donald Trump on Wednesday announced sweeping and substantial tariffs on India, one of America’s most important trading partners. In addition to a 25% tariff that is set to go into effect Thursday,

Associated Press News · 14h

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%.

NBC News on MSN · 2d

Trump hikes India tariffs to 50% for buying Russian oil

In an executive order, Trump says "I find that the Government of India is currently directly or indirectly importing Russian Federation oil" and due to those purchases, imports of Indian goods into the United States "shall be subject to an additional ... rate of duty of 25%."

2d

Focus: Trump tariffs cost small Canadian firms as big business, oil enjoy exemptions

Steve Mallia's Toronto-based telescope accessory business was thriving until March when the Trump administration imposed a 25 ...

1d

Trump orders India tariff hike to 50% for buying Russian oil

India, which now faces among the highest tariff rates imposed by the US, called the levy "unjustified and unreasonable".

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