Trump Imposes 50% Tariff on Indian Imports
Trump Imposes 50% Tariff on Indian Imports

Trump Imposes 50% Tariff on Indian Imports

News summary

President Donald Trump has signed an executive order imposing an additional 25% tariff on Indian imports, raising the total US tariff on India to 50% in response to India's continued purchases of Russian oil. The tariffs, set to take effect in 21 days, are expected to reduce Indian exports to the US by 40–50%, particularly impacting textiles, machinery, marine, and leather sectors. India has condemned the tariffs as unfair, unjustified, and unreasonable, citing its energy security needs and pointing out that other major importers of Russian oil, including China and EU members, are not facing similar penalties. The measure follows failed US-India trade negotiations, with both countries blaming each other for the breakdown. Trade analysts warn the move could disrupt economic ties and benefit China diplomatically, while US officials justify the tariffs as necessary to counter Russian aggression in Ukraine. The decision marks a sharp reversal in recently strong and cooperative US-India relations.

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Center
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Last Updated
38 min ago
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63% Left
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