India tariffs rise to 50%.
Yahoo Financeยท2025-08-27 18:58
Tariffs & Trade - US imposes additional 25% tariff on India, raising total tariffs to 50% due to India's Russian oil purchases [1] - The tariff increase is a negotiating tactic to pressure India to stop buying Russian oil and reduce Russia's war funding [2] Geopolitics & Sanctions - India and China are major buyers of Russian oil, offsetting the impact of EU sanctions [1] - US is using energy policy to exert influence and address concerns about funding the war in Ukraine [2]