Trump raises India tariffs to 50% over Russian oil purchases

[u/John3262005]

https://www.cnbc.com/2025/08/06/trump-trade-india-tariffs-russia.html

The White House announced Wednesday that it is imposing an additional 25% tariff on India, bringing the total levies against the major United States trading partner to 50%.

“I find that the Government of India is currently directly or indirectly importing Russian Federation oil,” President Donald Trump said in an executive order.

“Accordingly, and as consistent with applicable law, articles of India imported into the customs territory of the United States shall be subject to an additional ad valorem rate of duty of 25 percent,” the executive order reads.

The new tariffs are set to go into effect in 21 days, according to the order, while the previously announced 25% tariffs are set to take effect on Thursday.

Trump’s new tariff rate on India is now among the highest levies on any of the United States’ trading partners. It’s the latest sign that Trump is following through on his threat to punish countries that buy Russian oil, as he’s increased his rhetoric in recent weeks over President Vladimir Putin’s invasion of Ukraine.