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Trump imposes additional 25% tariffs on India tied to Russian oil purchases

On HALO

6 hours ago

The Trump administration on Wednesday imposed an additional 25% tariff on Indian imports, pushing some duties to as high as 50% as of Wednesday, U.S. Customs and Border Protection confirmed. The move has been framed as retaliation for New Delhi’s surging imports of discounted Russian crude.Foreign Minister S. Jaishankar, India’s top diplomat, ripped the U.S. for targeting New Delhi over Russian oil while giving China and Europe a pass. Both sides have blamed five rounds of failed trade talks on misjudgments and missed signals."The government has no hope for any immediate relief or delay in U.S...

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