Donald Trump hits India with highest 50% tariff for Russia crude oil buys - how will it impact Indian economy? Explained
Wednesday, 6 August 2025 () US President Trump's imposition of a 25% additional tariff on Indian exports due to Russian oil purchases is poised to negatively impact India's economy, particularly affecting textile, marine, and leather sectors. Experts view this as a pressure tactic amid ongoing trade deal negotiations, potentially hindering India's GDP growth and straining trade relations.
President Trump is set to host the leaders of Armenia and Azerbaijan at the White House on Friday in a bid to broker a historic peace deal. The talks aim to revive a stalled March 2025 draft agreement and end the decades-long conflict over Nagorno-Karabakh. U.S. officials believe a successful...
President Trump has signed an executive order imposing a 25% "penalty" tariff on India for purchasing Russian oil—while taking a noticeably softer stance on China. Despite U.S. dependency on Chinese..
As Trump threatens a steep tariff hike on Indian goods over its oil trade with Russia, India's NSA Ajit Doval arrives in Moscow for urgent talks. His visit underscores India’s resolve to deepen..
India has strongly condemned President Donald Trump’s decision to impose an additional 25% tariff on its goods, effectively doubling the rate to 50%. In a fiery response, New Delhi accused Washington..
Following US tariffs on Indian exports due to trade ties with Russia, state-owned refiners like IOCL, BPCL, HPCL, and MRPL have reportedly ceased spot market... IndiaTimes
US President Donald Trump threatened to substantially raise tariffs on Indian goods to penalize India for its continued imports of discounted Russian oil,... Zee News
In response to India's continued purchase of Russian oil, US President Donald Trump has imposed a 25% tariff on Indian imports, effective August 27. This action... IndiaTimes
Wednesday, 6 August 2025 ()
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