Trump hikes tariffs on India to 50%, scrambling the country’s plans to be an alternative to China

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%. The tariffs would go into effect 21 days after the signing of the order, meaning…
|
||||||
|
||||||
You Might LikeRelated videos from verified sources
|