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

Trade Tariffs & International Relations - The White House is imposing an additional 25% tariff on India, bringing the total tariff to 50%, due to alleged Russian oil purchases by India [1] - US-India relations are strained as India asserts its right to choose its energy suppliers, despite US efforts to leverage pressure on Russia [2] - The US has not imposed similar tariffs on China, despite being a major buyer of Russian oil [2] Apple & US Investment - Apple's shares are up almost 4% following an announcement of increased investment in the US [3] - Many iPhones for the US market are manufactured in India [3] - An exemption from the new 50% tariff would be crucial for Apple's CEO, Tim Cook [3]