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Trump doubles tariff on India

CNN on MSN · 2h

Trump threatens India with 50% tariff as negotiations fizzle and Modi keeps importing Russian oil

President Donald Trump on Wednesday announced sweeping and substantial tariffs on India, one of America’s most important trading partners. In addition to a 25% tariff that is set to go into effect Thursday,

Trump admin live updates: Trump hits India with more tariffs over Russian oil imports

President Donald Trump is hitting India with an additional 25% tariff over its imports of Russian oil, the White House said on Wednesday. "I find that the Government of India is currently directly or indirectly importing Russian Federation oil," Trump said in an executive order.

Trump threatens 50% tariffs on India for buying Russian oil

India, which now faces among the highest tariff rates imposed by the US, called the levy "unjustified and unreasonable".

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How will Trump's 50% tariffs on India impact its economy?

A 50% tariff rate will be the highest levy among any U.S. trading partner, with some sectors of Indian economy more exposed ...

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India's $9 billion FX reserves drop reflects RBI's tariff-driven rupee defence, economists say

India’s foreign exchange reserves fell by more than $9 billion last week, likely reflecting the central bank's efforts to ...

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