Donald Trump has escalated his trade offensive by imposing 50% tariffs on most U.S. imports from India, punishing the world’s fifth-largest economy for continuing to buy discounted Russian oil.
Donald Trump has escalated his trade offensive by imposing 50% tariffs on most U.S. imports from India, punishing the world’s fifth-largest economy for continuing to buy discounted Russian oil.
WASHINGTON, D.C. — U.S. President Donald Trump has signed an executive order imposing an additional 25% tariff on Indian imports in response to India’s continued purchase of Russian oil. The
Donald Trump has described DeepSeek’s emergence as a “wake-up call” for American companies following its role in triggering a nearly $1 trillion decline in the stock market.
Trump Urges OPEC to Lower Oil Prices to Weaken Russia and End Ukraine Conflict
Oil prices have climbed to their highest levels since October following reports from Reuters about new US sanctions targeting Russian crude.