Reported 25 days ago
President Trump has signed an executive order to impose a 25% tariff on India in response to its purchases of Russian oil, stacking on top of a previous 25% levy. This escalation comes as both nations struggle to finalize trade agreements, with the US accusing India of financing the Russian war in Ukraine, prompting backlash from Indian officials. The tariff is part of a broader series of trade measures affecting imports from nearly 200 countries.
Source: YAHOO