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Trump raises tariffs on India

The Associated Press on MSN · 2h

Trump doubles India’s tariffs to 50% after oil trade with Russia

President Donald Trump signed an executive order Wednesday to place an additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%.

CNBC on MSN · 3h

How will Trump's 50% tariffs on India impact its economy?

A 50% tariff rate will be the highest levy among any U.S. trading partner, with some sectors of Indian economy more exposed than others.

Trump admin live updates: Trump hits India with more tariffs over Russian oil imports

President Donald Trump is hitting India with an additional 25% tariff over its imports of Russian oil, the White House said on Wednesday. "I find that the Government of India is currently directly or indirectly importing Russian Federation oil," Trump said in an executive order.

1h

Trump threatens 50% tariffs on India for buying Russian oil

India, which now faces among the highest tariff rates imposed by the US, called the levy "unjustified and unreasonable".

11hon MSN

From 'great friend' to 'tariff king': The changing shades of the U.S.-India relationship

India was designated a "major defense partner" by the U.S. in 2016.Unraveling relationship?However, Evan Feigenbaum, Vice ...

12hon MSN

India's FX reserves drop $9 billion to about $689 billion, reflecting tariff-driven rupee defence

India’s foreign exchange reserves fell to $688.9 billion as of August 1, Reserve Bank of India Governor Sanjay Malhotra said ...

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