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Additional 25% Tariff on India
LISTEN TO SPOTLIGHT EDITION Spotify | Apple
šļøIndia has unexpectedly become a key target in Washington's latest push to pressure Russia over the Ukraine war.
šļøOn Wednesday, Donald Trump doubled US tariffs on India to 50%, up from 25%, penalising Delhi for purchasing Russian oil - a move India called "unfair" and "unjustified". The tariffs aim to cut Russia's oil revenues and force Putin into a ceasefire. The new rate will come into effect in 21 days, so on 27 August.
šļøThis makes India the most heavily taxed US trading partner in Asia and places it alongside Brazil, another nation facing steep US tariffs amid tense relations.
Credit: BBC
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For general inquiries
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By Rohit SinhaLISTEN TO SPOTLIGHT EDITION Spotify | Apple
šļøIndia has unexpectedly become a key target in Washington's latest push to pressure Russia over the Ukraine war.
šļøOn Wednesday, Donald Trump doubled US tariffs on India to 50%, up from 25%, penalising Delhi for purchasing Russian oil - a move India called "unfair" and "unjustified". The tariffs aim to cut Russia's oil revenues and force Putin into a ceasefire. The new rate will come into effect in 21 days, so on 27 August.
šļøThis makes India the most heavily taxed US trading partner in Asia and places it alongside Brazil, another nation facing steep US tariffs amid tense relations.
Credit: BBC
__________
Streaming on ā ā Spotifyā ā and ā ā Apple Podcastsā ā
For general inquiries
Email: [email protected]
šā Consulting Form
For regular updates
ā LinkedInā
To join the broadcast, please WhatsApp your name and nationality @91 81029 55877.