Trump Imposes 25% Tariff on India Over Russia Ties, Threatens Further Penalties
Trump Imposes 25% Tariff on India Over Russia Ties, Threatens Further Penalties
On Friday, US President Donald Trump announced a 25% tariff on imports from India, citing the country's continued trade ties with Russia. This move comes amid growing tensions over Moscow's military actions in Ukraine and India's reliance on Russian energy and defense equipment. The new tariffs, set to take effect immediately, mark the latest escalation in Trump's broader strategy to use economic pressure to influence global partners.
In a series of posts on his Truth Social platform, Trump emphasized that the 25% tariff on Indian imports would be lower than the 50% he had initially proposed in April, but still significantly higher than those imposed on other Asian countries that have reached preliminary trade agreements with the US. He also hinted at an unspecified
