Trump announces 25% tariff on India starting Aug. 1, unspecified penalties for buying Russian energy
WASHINGTON (AP) — President Donald Trump says he’ll impose a 25% tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian oil.
Trump said on Truth Social on Wednesday that India “is our friend” but its “Tariffs are far too high” on U.S. goods.
The Republican president added that India buys military equipment and oil from Russia, which Trump said has enabled the war in Ukraine. As a result, he intends to charge an additional “penalty” starting on Friday as part of the launch of the administration’s revised tariffs on multiple countries.
WASHINGTON (AP) — The United States will impose a 25% tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian oil, President Donald Trump said Wednesday. The new tariffs were part of a flurry of trade activity that included a series of executive actions…
WASHINGTON (AP) — President Donald Trump will host Pakistan's prime minister, Shehbaz Sharif, for talks Thursday at the White House in the latest sign of warming relations between the United States and the South Asian nuclear power. Sharif was among top officials from eight Arab or Muslim countries who met…
(NEXSTAR) – President Donald Trump accused Russia, China and North Korea of trying to "conspire" against the United States, in a post on Truth Social Wednesday morning. The leaders of those three countries appeared together for a military parade as President Trump tries to force Russia to stop its war…