Trump imposes 50% tariff on India over Russian oil imports
President Donald Trump has signed an executive order to impose a 50% tariff on imports from India, citing New Delhi’s ongoing purchases of Russian crude oil—a significant escalation driven by what the White House characterizes as indirect support to Russia’s war effort in Ukraine. The policy combines two measures: a previously announced 25% "reciprocal tariff" tied to trade imbalance, and a new additional 25% penalty, specifically targeting India’s oil imports from Russia. The additional duty will take effect 21 days from August 6, around August 27, 2025. Why the Move? Trump argues that India is effectively “fueling the war machine” by continuing to import discounted Russian oil, then reselling it at profit—thus enabling Moscow’s military campaign. He warned that similar secondary sanctions could be applied to other major buyers like China if peace terms are unmet. India Pushes Back India’s Ministry of External […]