Trump's Historic 50% Tariff Bombshell: How the US-India Trade War Could Reshape Global Economics
Breaking news on Trump's double tariff increase to 50% on
Indian goods over Russian oil purchases. Complete analysis of economic impacts,
India's response, and implications for US-India relations in 2025.
Trump Doubles Down: The Biggest US Tariff Escalation Against
India
US President Donald Trump has made a bold trade decision
against India, imposing an extra 25% tariff. This brings the total duties on
Indian goods to a staggering 50%. This drastic measure, announced in an
executive order on Wednesday, marks one of the highest tariff rates the US has
applied to any trading partner worldwide.
The new tariffs will take effect on August 27. They
specifically target India's ongoing purchases of Russian oil, which Trump
claims is "fueling the Russian war machine" in Ukraine. This move
puts India in the same category as Brazil for tariff rates, significantly
higher than the 30% rate applied to China.
