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Prime Minister Narendra Modi and U.S. President Donald Trump at a joint press conference in Washington. File | Photo Credit: PTI Trump doubles tariff on India to 50% for buying Russian oil U.S. President Donald Trump on Wednesday (August 6, 2025) signed an executive order imposing an additional 25% tariff on imports from India, in…
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Putting an end to months of speculation, U.S. President Donald Trump on Wednesday (July 30, 2025) announced that imports from India will attract 25% tariffs from August 1, “plus a penalty”, citing India’s purchases of energy and military equipment from Russia, its high tariffs, and its “strenuous and obnoxious” non-monetary barriers to trade. Hours later,…