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President Trump imposes additional 25% tariff on goods from India over Russian oil purchases
CNBC Television· 2025-08-06 15:23
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]
X @Bloomberg
Bloomberg· 2025-08-06 15:16
Swiss firms rethink global strategy after tariff surge https://t.co/cfpHxk3k2k ...
Trump raises India tariffs over Russian oil purchases
MSNBC· 2025-08-06 15:04
[Music] Breaking news just moments ago in President Trump's pressure campaign on Vladimir Putin. The president slapping a new 25% tariff on India for importing Russian oil in addition to the 25% tariff India already faced. That's a so-called secondary tariff for doing business with Russia as President Trump's special envoy is in Moscow this morning.Steve Wickoff meeting with Putin at the Kremlin two days before a Friday deadline set by President Trump for Russia to reach a ceasefire with Ukraine or face add ...
Trump Imposes 25% Additional Tariff on India
Bloomberg Television· 2025-08-06 14:54
SONALI: THANK YOU FOR KEEPING AND I AT ALL OF THOSE MOVERS IN THE BUSY OF A BUSY EARNINGS SEASON -- IN THE MIDST OF A BUSY EARNINGS SEASON. WE WILL BRING IN TYLER KENDALL TO TALK ABOUT THE LATEST. WE WERE TALKING ABOUT HOW THIS HAS BEEN WELL TELEGRAPHED.IS THERE ANYTHING IN HERE THAT ISN'T AS EXTREME AS EXPECTED. LOOKING AT THE INVESTOR REACTION IN THE BROADER MARKET, IT'S NOT SO BAD. TYLER: IT WAS WIDELY EXPECTED.PRESIDENT TRUMP SAID WE COULD EXPECT THE SO-CALLED SECONDARY TARIFF TO BE IMPLEMENTED ON INDIA ...
X @Wu Blockchain
Wu Blockchain· 2025-08-06 14:50
Tariffs & Trade - The U S will impose reciprocal tariffs on Bitcoin mining machines from Southeast Asia starting August 7 [1] - Import duties could reach up to 21 6% [1]
X @Bloomberg
Bloomberg· 2025-08-06 14:40
Trump’s additional 25% tariff on India for its purchases of Russian oil could be just the first shot he aims at Moscow’s energy revenues ahead of a Friday deadline, as the US weighs options to get Putin to end the war against Ukraine https://t.co/3elc6b7F1M ...
X @BBC News (World)
BBC News (World)· 2025-08-06 14:29
Trade Relations - US imposes additional 25% tariff on India [1] Geopolitics - Tariffs are related to India's purchases of Russian oil [1]
X @Watcher.Guru
Watcher.Guru· 2025-08-06 14:00
JUST IN: 🇺🇸🇮🇳 President Trump signs executive order imposing an additional 25% tariff on India for buying sanctioned Russian oil. https://t.co/JYS2tsiA6S ...
X @Ash Crypto
Ash Crypto· 2025-08-06 13:59
BREAKING: 🇺🇸 TRUMP HAS SIGNED AN EXECUTIVE ORDER IMPOSING ADDITIONAL 25% TARIFF ON INDIA. ...
X @Bloomberg
Bloomberg· 2025-08-06 06:06
Swiss President Karin Keller-Sutter will meet Secretary of State Marco Rubio on Wednesday as she makes a last-minute bid for a deal to lower the 39% tariff imposed last week by Donald Trump https://t.co/nmMn4pXr4Z ...