U.S. imposes 50% tariff on India over Russian oil

U.S. imposes 50% tariff on India over Russian oil

On Wednesday, the United States imposed tariffs of up to 50% on imports of goods from India. The additional 25% tariff comes on top of an existing 25% levy on Indian goods imposed by U.S. President Donald Trump. Trump said the tariffs are because India keeps buying Russian crude oil.

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