Trump Doubles India Tariff to 50% to Punish Russian Oil Buying
Bloomberg Televisionยท2025-08-07 12:28
Is there anything in here that actually isn't as extreme as expected. Just looking at the investor reaction in the broader market, it's not so bad. Well, Shnali, it was widely expected.President Trump said that we could expect this so-called secondary tariff to be implemented on India within the next 24 hours. That was yesterday. And now we got this post on X outlining this new executive order that he signed for an additional 25% tariff against India.And according to the executive order, this will stack on ...