The White House announced a 25% tariff increase on Indian imports, bringing the total to 50%, due to India's purchase of Russian oil. The tariffs, effective in three weeks, are among the highest imposed on any US trading partner. India condemned the action as unfair, noting other nations' similar trade practices. The Trump administration plans to evaluate other countries' Russian oil imports for potential retaliatory tariffs.
Prepared by Rachel Morgan and reviewed by editorial team.
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