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Trump imposes additional 25% tariff on India over Russian oil purchases
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India tariffsFinancial Markets
Updated 12 hours ago

Trump imposes additional 25% tariff on India over Russian oil purchases

The U.S. has levied an extra 25% tariff on India, raising the total to 50%, in response to India's continued imports of Russian oil. India criticized the move as unfair, escalating trade tensions between the two nations.

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