Trump hits India with extra 25% tariff for buying Russian oil
Source: BBC
US President Donald Trump has issued an executive order on Wednesday hitting India with an additional 25% tariff over its purchases of Russian oil. That will raise the total tariff on Indian imports to the United States to 50% - among the highest rates imposed by the US. The new rate shall be "effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01…
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