Close Menu
The Politic ReviewThe Politic Review
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Trending

Trump doubles US tariffs on India over Russian oil

August 7, 2025

President Trump to Personally Call Hero Edward Coristine, AKA “Big Balls” Who Was Severely Beaten Defending Girlfriend From DC Thugs

August 6, 2025

Trump and Apple CEO Tim Cook Announce $600 Billion Total Investment in America

August 6, 2025
Facebook X (Twitter) Instagram
  • Donald Trump
  • Kamala Harris
  • Elections 2024
  • Elon Musk
  • Israel War
  • Ukraine War
  • Policy
  • Immigration
Facebook X (Twitter) Instagram
The Politic ReviewThe Politic Review
Newsletter
Thursday, August 7
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
The Politic ReviewThe Politic Review
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Home»Economy»Trump Will Hike Tariffs on India to 50 Percent over Oil Purchases from Russia
Economy

Trump Will Hike Tariffs on India to 50 Percent over Oil Purchases from Russia

Press RoomBy Press RoomAugust 6, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram

President Donald Trump will hike tariffs on India to 50 percent beginning later this month in response to India’s purchases of Russian oil.

Trump signed an executive order raising tariffs on India an additional 25 percent, on top of the 25 percent duty that took effect on August 1. When Trump announced the initial 25 percent tariff, he declared that India would pay an additional duty for being a top buyer of Russian oil “at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE,” according to the AFP’s citation of a Truth Social post.

A White House Fact sheet notes that Trump has learned India has continued to source Russian oil:

  • The President found that India is currently importing Russian Federation oil. Accordingly, to address the national emergency stemming from the Government of the Russian Federation’s actions taken against Ukraine, he is imposing an additional 25% tariff on imports from India, effective August 27, due to India’s direct or indirect importation of Russian Federation oil.
    • This tariff is in addition to any other duties, fees, taxes, exactions, and charges applicable to such imports, unless subject to existing or future actions under section 232 of the Trade Expansion Act of 1962.
    • This tariff is also in addition to any tariff applicable under Executive Order 14257 of April 2, 2025, as amended, but the additional 25% tariff imposed by this order shall not apply to articles set forth in Annex II to Executive Order 14257.

The additional 25 percent ad valorem duty will take effect on August 27, according to the official order.

Senior officials, including Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, and Secretary of State Marco Rubio, “will determine whether other countries directly or indirectly import Russian Federation oil and recommend further actions to the President as needed,” according to the fact sheet detailing the order.

Trump has been a major advocate for ending the Russia-Ukraine war, and the move looks to place additional pressure on Russia by imposing tariffs on India, a top oil-trading partner which happens to be a close ally of the United States.



Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link

Related Articles

Economy

Swiss President Meets With Marco Rubio But No Trump Sit-Down After Emergency Flight to Washington

August 6, 2025
Economy

Exclusive — Sen. Ron Johnson: PELOSI Act Would Keep Normal People from Office and Protect Career Politicians

August 6, 2025
Economy

Exclusive: Fed Vacancy Pits Chair Contenders Against Placeholders

August 6, 2025
Economy

Libya Makes Deal with ExxonMobil After Decade-Long Oil Freeze

August 6, 2025
Economy

Brazil President Lula on How to He Will Handle Trump Tariffs: ‘I Will Call Xi Jinping’

August 6, 2025
Economy

Florida Sues Major Porn Sites over Failure to Comply with Age Verification Law

August 6, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

President Trump to Personally Call Hero Edward Coristine, AKA “Big Balls” Who Was Severely Beaten Defending Girlfriend From DC Thugs

August 6, 2025

Trump and Apple CEO Tim Cook Announce $600 Billion Total Investment in America

August 6, 2025

Report: ICE Detains Alleged Cuban Regime Torturer Who Entered U.S. via Biden Parole

August 6, 2025

Swiss President Meets With Marco Rubio But No Trump Sit-Down After Emergency Flight to Washington

August 6, 2025
Latest News

Illinois Lt. Gov.: We Don’t Gerrymander, We Just Govern So Well That Dems Win

August 6, 2025

Republicans quietly fret about ‘disturbing’ Cory Mills allegations

August 6, 2025

Hundreds protest US-Japan ‘war alliance’ at Hiroshima ceremony (VIDEO)

August 6, 2025

Subscribe to News

Get the latest politics news and updates directly to your inbox.

The Politic Review is your one-stop website for the latest politics news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram Pinterest YouTube
Latest Articles

Trump doubles US tariffs on India over Russian oil

August 7, 2025

President Trump to Personally Call Hero Edward Coristine, AKA “Big Balls” Who Was Severely Beaten Defending Girlfriend From DC Thugs

August 6, 2025

Trump and Apple CEO Tim Cook Announce $600 Billion Total Investment in America

August 6, 2025

Subscribe to Updates

Get the latest politics news and updates directly to your inbox.

© 2025 Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.