11 Sep, 2025
3 mins read

US Slaps 25% Tariff on Indian Goods, Additional Penalty on Russian Oil

United States President Donald Trump has announced a 25% tariff on Indian goods, effective August 1, alongside an unspecified penalty for India’s purchase of Russian oil and military equipment. Trump justified the move by citing India’s high tariffs on US goods and its continued relations with Russia, which he believes enable the ongoing war in […]