US President Donald Trump on Wednesday issued an executive order imposing an additional 25 percent tariff on Indian goods citing New Delhi’s continued imports of Russian oil, sharply escalating tensions between the two countries after trade talks collapsed. The new measure raises tariffs on some Indian goods to as high as 50 percent — among the steepest faced by any US trading partner. The move is expected to hit key Indian export sectors including textiles, footwear, and gems and jewelery and marks the most serious downturn in US-India relations since Trump returned to office in January.

Washington: President Donald Trump threatened Monday to hike US tariffs on goods from India over its purchases of Russian oil — a key source of revenue for Moscow’s war on…

Trump said he will “substantially” raise tariffs on India for buying Russian crude — and selling derivative products — as Indian leaders voice their resistance.

The US President emphasized that he was going to raise tariffs for India very substantially over the next 24 hours

Trump has previously said that India’s purchase of Russian oil has helped finance Moscow’s war in Ukraine.

Trump cited ‘national security’ concerns as a reason for the import tax hike, sparking tensions in US-India relations.

This will bring the tariff rate on India to 50%, among the highest rates imposed by the US.

Trump last week said that goods from India would be subject to a tariff of 25%, in addition to a "penalty" over the country's purchase of military equipment and energy from Russia.

President Donald Trump on Wednesday raised tariffs on goods imported from India to 50% in response to the purchase of Russian oil, retaliating to stop the Ukraine war.

White House move follows India’s oil purchases from Russia and comes amid broader Trump push for trade ‘reciprocity’

Trump signed an executive order accusing India of “directly or indirectly importing Russian Federation oil.”

US President Donald Trump on Wednesday issued an executive order imposing an additional 25 percent tariff on Indian goods citing New Delhi’s continued imports of Russian oil,…

Experts say the US's sweeping tariffs will slow down the Indian economy if Delhi fails to secure a deal.

NEW DELHI: India has vowed to take “all actions necessary” to protect its national interests after President Donald Trump doubled US tariffs on India to 50 percent over Delhi’s…

NEW DELHI: India has vowed to take “all actions necessary” to protect its national interests after US President Donald Trump doubled US tariffs on India to 50 percent over Delhi’s…

NEW DELHI: India has vowed to take “all actions necessary” to protect its national interests after US President Donald Trump doubled US tariffs on India to 50 percent over Delhi’s…