U.S. tariffs take effect on India, threatening $48.2B in exports

Earlier this month President Trump signed an executive order imposing an additional 25% tariff on India due its purchases of Russian oil, bringing the combined tariffs to 50%.

Aug 27, 2025 - 08:00
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U.S. tariffs take effect on India, threatening $48.2B in exports
Earlier this month President Trump signed an executive order imposing an additional 25% tariff on India due its purchases of Russian oil, bringing the combined tariffs to 50%.

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