Brief by Shorts91 Newsdesk / 02:19pm on 06 Aug 2025,Wednesday India Global
US President Donald Trump has signed an executive order imposing an additional 25% tariff on Indian imports, citing India’s continued purchase of Russian oil. This raises total tariffs on Indian goods to 50%. In a CNBC interview, Trump criticized India as “not a good trading partner,” vowing tougher trade penalties. The White House order cites national security concerns under the International Emergency Economic Powers Act and links India's energy trade with Russia to the ongoing Ukraine crisis. The new tariffs take effect 21 days from the order's signing, impacting goods not already in transit before that date. (PC: X)
