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Trump threatens India with 50% tariff

Associated Press News · 23h

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%."

CBS News on MSN · 2d

Trump hits India with additional 25% tariff over Russian oil imports

Washington — President Trump signed an executive order on Wednesday imposing an additional 25% tariff on goods from India because it continues to buy oil from Russia.

40m

Trump expands use of tariffs to reach national security goals

The Trump administration is using trade negotiations to achieve national security goals, including containing China’s ...

1don MSN

Oil set for steepest weekly losses since June as tariffs cloud demand outlook

Oil prices were little changed in early Asian hours on Friday, but were headed for their steepest weekly losses since ...

2d

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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