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Trump raises India tariffs to 50% over Russian oil purchases
CNBC·2025-08-06 14:11

US President Donald Trump meets with Indian Prime Minister Narendra Modi in the Oval Office of the White House in Washington, DC, on Feb. 13, 2025. Modi will try to rekindle his bromance with Donal The White House announced Wednesday that it is imposing an additional 25% tariff on India, bringing the total levies against the major United States trading partner to 50%. "I find that the Government of India is currently directly or indirectly importing Russian Federation oil," President Donald Trump said in an ...