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India vows to protect national interests after Trump threatens Delhi with 50% tariff
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 purchase of Russian oil. Trump signed an executive order on Wednesday to place an additional 25 percent tariff on India on top of a 25 percent tariff that is set to come into effect on Thursday, making the South Asian country one of the most heavily taxed US trading partners in Asia.
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arabnews.com
Trump says will raise tariff on India over Russia oil purchases
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…
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energyintel.com
Trump Threatens India With Tariff Hike Over Russian Oil Trade
Trump said he will “substantially” raise tariffs on India for buying Russian crude — and selling derivative products — as Indian leaders voice their resistance.
