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33m ago

Trump Doubles Tariffs on Indian Goods to 50% Over Russian Oil Purchases

India has condemned the U.S. decision as unfair, mobilizing sectoral relief for exporters ahead of late August trade negotiations.

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Donald Trump’s remarks came hours after he signed an executive order on Wednesday, imposing additional 25 per cent tariffs on all Indian goods, taking the total tariffs on India to 50%.
Trump’s additional 25% tariff followed after over a week of criticism focused on New Delhi’s continued purchases of Russian energy. (REUTERS)
US President Donald Trump reacted to India's remarks citing America doing trade with Russia.

Overview

  • President Trump’s executive order adds a 25% duty on top of an existing 25% tariff, bringing total U.S. levies on Indian imports to 50% by Aug. 27.
  • The White House says the tariffs are a national security response to India’s discounted Russian oil imports that fund Moscow’s war machine.
  • India’s Ministry of External Affairs called the measures “unfair, unjustified and unreasonable” and is preparing targeted relief for affected industries.
  • Textiles, footwear and gems and jewellery exporters face steep competitive disadvantages under the higher duties, risking market share loss in the U.S.
  • The sixth round of bilateral trade talks, set for Aug. 25–30 in New Delhi, will focus on de-escalating the dispute and seeking reciprocal concessions.