Trump hits India with extra 25% tariff for buying Russian oil
The US has imposed an additional 25% tariff on India for purchasing Russian oil, raising the total tariff rate to 50%—one of the highest rates the US has ever applied. This move signals escalating trade tensions between the US and India over energy trade with Russia.
WPN Brief
The US has imposed an additional 25% tariff on India for purchasing Russian oil, raising the total tariff rate to 50%—one of the highest rates the US has ever applied. This move signals escalating trade tensions between the US and India over energy trade with Russia.
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