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Trump raises India tariff to 50% over Russia oil purchase

CNN on MSN · 3d

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,

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".

Associated Press News · 1d

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%.

1hon MSN

'India must rethink Russian oil purchases': Nobel laureate Abhijit Banerjee links issue to US tariff removal

Banerjee suggested India could also revisit curbs on Chinese investment as part of wider trade negotiations, noting Beijing’s ...

3m

Trump’s 50% tariff on India puts $35 billion in exports at risk, may shave off 1% GDP growth: UBS economist

UBS’ Tanvee Gupta Jain says that India could lose $30-35 billion in US exports if no deal is reached, with agriculture and ...

3don MSN

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 ...

2don MSN

Oil set for steepest weekly losses since June on tariffs, Trump-Putin talks

Oil prices fell on Friday, heading for their steepest weekly losses since late June as the latest round of U.S. tariffs ...

45mOpinion

The US and India could have plenty in common. But the Cold War put geopolitical alliance on ice — and made harsh tariffs look unavoidable

President Trump’s announcement of sweeping new tariffs on India, totaling 50%, should dispel illusions that the US–India ...

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