The US will be imposing an additional 25% tariff on Indian imports, the White House has said, pointing to the nation’s continued purchase of Russian oil. The move would bring the total levy on one of America’s key trade partners to 50%.
President Donald Trump had previously accused New Delhi of “financing” the Ukraine conflict through oil purchases from Russia, vowing to slap the South Asian nation with additional penalties for its defense and trade ties with Moscow, on top of the 25% tariff he imposed last week.
“I find that the Government of India is currently directly or indirectly importing Russian Federation oil,” Trump said in the…
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