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India and the US: Trump sends stern message
Bloomberg Television· 2025-08-06 19:36
President Donald Trump has been cranking up the pressure on India, a country the US has courted as a strategic counterweight against China. Last week, Trump announced a 25% tariff on India, a higher rate than many other major economies in Asia. But he didn't stop there.This week, he threatened to raise the levy even higher. His message to India is clear. Stop buying Russian oil.If you look at India's purchase of Russian oil, it is substantial. It's about 1.7% million barrels a day from Russia, there are no ...
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Bloomberg· 2025-08-06 16:55
Switzerland’s president is about to leave Washington without announcing any success in lowering the 39% tariff Donald Trump has put on her country, according to a person familiar with the situation https://t.co/HSy33mct4D ...
X @BBC News (World)
BBC News (World)· 2025-08-06 15:32
Trump hits India with extra 25% tariff for buying Russian oil https://t.co/HKmVS5C8zA ...
President Trump imposes additional 25% tariff on goods from India over Russian oil purchases
CNBC Television· 2025-08-06 15:23
Some breaking news on trade this morning. Just crossing the wires. The White House says an additional 25% tariff will now be imposed on India.That brings the total tariff to 50%. All of that due to what the White House calls Russian oil purchases on behalf of India. We'll get some more details as we get to them as we get them.But we mentioned earlier uh with uh with Jim David that the relation between the US and India has become a little more fraught because India is in a position where they're saying you d ...
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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 ...
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Wu Blockchain· 2025-08-06 14:50
After the Trump administration’s 90-day tariff suspension ended, the U.S. will officially impose reciprocal tariffs on Bitcoin mining machines from Southeast Asia starting August 7, with import duties reaching up to 21.6%.https://t.co/sJ6LibCrPQ ...
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]