Trump Doubles Tariffs on Indian Imports to 50% Over Russian Oil Purchases
Wednesday, 6 August 2025 () President Trump's executive order doubles tariffs on Indian imports to 50%, penalizing India's Russian oil purchases amid the Ukraine conflict, targeting sectors like gems and autos while exempting pharmaceuticals. India condemns the move as unjustified, warning of economic fallout. This escalates U.S.-India tensions, risking trade realignments and global volatility.
Amid rising tensions with the U.S., Indian NSA Ajit Doval met Russian Security Chief Sergey Shoigu in Moscow for high-level talks on defence, energy, and Vladimir Putin’s upcoming visit to India. As Trump imposes harsh tariffs on Indian imports over Russian oil deals, Doval and Shoigu reaffirmed...
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What did the US say about additional tariffs on India? A senior United States Administration Official told ANI that there is simply "no comparison" between the... DNA Also reported by •Zee News
Moody's warns that US tariffs doubling to 50% on Indian goods, due to continued Russian oil purchases, could significantly hinder India's manufacturing ambitions... IndiaTimes