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,

Tariffs on Indian exports to the United States will surge to 50 percent by late August, as part of an effort by President Trump to pressure Russia into resolving its war in Ukraine.

President Donald Trump imposed an additional 25% tariff on India over its purchases of Russian oil, escalating the trade dispute and raising total tariffs on the world’s most populous country to 50%.