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Trump's Escalating Tariff War With India Threatens Russia's Oil Economy

OilPrice.com Thursday, 7 August 2025 ()
President Donald Trump has imposed an additional 25 per cent tariff on India after the country’s government imported Russian Federation Oil. In an executive order signed on Wednesday, the White House said it would slap Indian imports with the fresh levy taking their overall rate to 50 per cent. The President warned on Tuesday he would raise India’s tariff rate “very substantially over the next 24 hours, because they’re buying Russian oil, they’re fuelling the war machine”. “If they’re going to do…
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Video Credit: euronews (in English) - Published
News video: Trump cranks up India tariffs to 50% in an attempt to pressure Russia

Trump cranks up India tariffs to 50% in an attempt to pressure Russia 00:35

Trump cranks up India tariffs to 50% in an attempt to pressure Russia Brazil and India now face the world’s steepest blanket tariff at 50%, with India targeted for Russian oil purchases undermining US sanctions. READ MORE :...

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