Trump has previously said that India’s purchase of Russian oil has helped finance Moscow’s war in Ukraine
US President Donald Trump on Wednesday ordered an additional 25 per cent tariff on Indian goods over New Delhi’s continued purchase of Russian oil, a key revenue source for Moscow’s war in Ukraine.
The tariff, set to take effect in three weeks, comes on top of a separate 25 per cent duty entering into force on Thursday, according to the text of the executive order released by the White House.
The order also threatens potential penalties on other countries deemed to be “directly or indirectly importing Russian Federation oil”.
Exemptions remain for items targeted by separate sector-specific duties such as steel and aluminium, and categories that could be hit like pharmaceuticals.
