Reported 24 days ago
President Trump has signed an executive order to impose an additional 25% tariff on India due to its purchase of Russian oil, stacking on top of an existing 25% tariff. He also announced plans for a 100% tariff on semiconductor imports, while hinting that pharmaceutical tariffs could rise to 250%. These measures are part of a broader strategy to increase tariffs on imports from various countries, contributing to escalating trade tensions.
Source: YAHOO