Tag: india russian oil imports

Will India cave in to U.S. pressure on Russian oil? | Explained

Will India cave in to U.S. pressure on Russian oil? | Explained

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The story so far: On August 6, U.S. President Donald Trump announced a whopping 25% penalty tariff on Indian goods for India’s import of Russian oil. This was on top of the 25% reciprocal tariffs announced on July 31 after Indian and U.S. negotiators failed to reach a Free Trade Agreement (FTA). Also Read | […]

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Trump imposes additional 25% tariff on goods from India

Trump imposes additional 25% tariff on goods from India

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U.S. President Donald Trump answers questions from reporters on August 5, 2025, in Washington. | Photo Credit: AP U.S. President Donald Trump issued an executive order on Wednesday (August 6, 2025) imposing an additional 25% tariff on goods from India, saying the country directly or indirectly imported Russian oil. The move comes after Mr. Trump […]

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