International Economic

Trump doubles India tariffs to 50% for buying Russian oil

By Frank Prenesti

Date: Wednesday 06 Aug 2025

(Sharecast News) - US President Donald Trump on Wednesday slapped an extra 25% tariff on goods from India, saying the country directly or indirectly imported Russian oil.
In an executive order, Trump also said he would set up "a process for the potential imposition of similar tariffs on other countries that...

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