INTERNATIONAL
2 min readTrump Imposes 25% Tariff on India Over Russian Oil Purchases
TrueGov Editorial Team•6 months ago•2 min read
Additional penalties announced for India's trade practices and energy relations with Russia
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President Donald Trump announced Wednesday a 25% tariff on goods imported from India, along with additional penalties related to India's purchase of Russian oil. The President stated that while India is considered a friendly nation, he believes their tariffs on American goods are excessive. The new measures are scheduled to take effect Friday as part of the administration's revised tariff policies affecting multiple countries.