Trump will impose a 25% tariff on Indian goods and an additional tax on Indian energy purchases from Russia.
Raluca Niculae
International
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Trump said that India, despite being an ally, imposes too high tariffs on American goods. He accused India of contributing to the war in Ukraine by buying Russian oil and equipment. As a result, his administration will introduce new trade tariffs, starting Friday, after striking trade deals with other countries. Trump believes the tariffs will help reduce the budget deficit and create US jobs.
Sources
Trump anunţă un tarif de 25% pentru India şi penalizări suplimentare pentru achiziţiile de energie
Trump anunță un tarif vamal de 25% pentru India, plus o „pedeapsă” pentru comerțul cu Rusia
Trump to impose 25% tariff on India
Trump hits India with 25% tariff
Trump to hit India with 25% tariffs - plus 'penalty' for trade with Russia
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