Trump doubling tariffs on imports from India to 50%

As President Trump's sweeping tariff hikes on nearly every trading partner set to officially kicked in kick in, the president says he's raising tariffs on a country that is also a key ally. The president says he's doubling taxes on imports from India to 50% because India, he says, is buying oil from Russia. India is calling the escalation quote unfair, unjustified, and unreasonable.Those new tariffs are set to take effect on India in 3 weeks. But at midnight Eastern time tonight, tariffs of at least 10% are ...