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News

Trump's 50% tariff will affect India

NBC News on MSN · 5h
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%."
The New York Times · 7h
Trump to Double India’s Tariff as Punishment for Buying Russian Oil
Tariffs on Indian exports to the United States will surge to 50 percent by late August, as part of an effort by President Trump to pressure Russia into resolving its war in Ukraine.
Reuters on MSN · 4h
Trump says he could impose more tariffs on China, similar to India duties, over Russian oil
U.S. President Donald Trump on Wednesday said he could announce further tariffs on China similar to the 25% duties announced earlier on India over its purchases of Russian oil, depending on what happens.
4h
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".
16hon MSN
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 ...

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