Not only did Trump impose a 25% tariff on India, he also announced a "penalty" on top of the duty because the South Asian country buys Russian oil.

Trump criticised India’s trade barriers, linking its Russian oil purchases to a potential additional tariff due to the Ukraine war.

The president's trade move comes before his Aug. 1 deadline for higher reciprocal tariffs on goods from nearly 180 countries across the world.

The 25% tariff rate is modestly lower than what he imposed on India on "Liberation Day," when he announced a 26% rate on the key trading partner.

WASHINGTON: The United States will impose a 25 percent tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian oil, President Donald…

Not only did Trump impose a 25% tariff on India, he also announced a "penalty" on top of the duty because the South Asian country buys Russian oil.

It's one of many of Trump's new taxes set to go into effect Friday.

Not only did Trump impose a 25% tariff on India, he also announced a "penalty" on top of the duty because the South Asian country buys Russian oil.

The US president imposed crippling 50% tariffs on Brazil, a 25% levy on Indian exports and a 15% tariff for South Korean exports, while warning Canada it would face trade…

Trump blasts India's energy purchases from Russia ahead of deadline

The White House could be aware that the dramatic shock of tariffs has less power to sway trade deals when staged a second time

The White House could be aware that the dramatic shock of tariffs has less power to sway trade deals when staged a second time.