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Trump threatens India with 50% tariff as negotiations fizzle and Modi keeps importing Russian oil
President Donald Trump on Wednesday announced sweeping and substantial tariffs on India, one of America’s most important trading partners. In addition to a 25% tariff that is set to go into effect Thursday,
Exclusive: India pauses plans to buy US arms after Trump's tariffs
Trump on Aug. 6 imposed an additional 25% tariff on Indian goods as punishment for Delhi's purchases of Russian oil, which he said meant the country was funding Russia's invasion of Ukraine. That raised the total duty on Indian exports to 50% - among the highest of any U.S. trading partner.
Many cooking spices are imported from India, and the 50 percent tariffs on the country’s imports could drive costs higher.
India's equity benchmarks are likely to open marginally higher on Monday, after posting a sixth straight weekly loss, but the ...
The rupee likely inched up higher on optimism that the Russia-Ukraine war will end following the upcoming US-Russia ...
NEW DELHI (AP) — U.S. President Donald Trump has vowed additional 25% tariff on India for its purchases of Russian oil, ...
Former US National Security Advisor John Bolton has warned that punitive tariffs imposed on India could backfire ...
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