US President Donald Trump NEW DELHI: US President Donald Trump on Tuesday claimed that his tariffs on India for purchasing Russian oil delivered a “big blow” to Moscow’s economy.Addressing a press briefing, Trump referred to India as Russia’s “largest or second-largest oil buyer” and asserted that the 50% tariffs on India have hit the Russian…
US President Donald Trump has announced reciprocal tariffs on countries as the August 1 deadline came to an end. The administration has stuck to the 25% tariff on India. However, the “additional penalties”, which Trump had threatened to impose on India for doing business with Russia, remains unclear. Pakistan, which announced a deal with the…
Putting an end to months of speculation, U.S. President Donald Trump on Wednesday (July 30, 2025) announced that imports from India will attract 25% tariffs from August 1, “plus a penalty”, citing India’s purchases of energy and military equipment from Russia, its high tariffs, and its “strenuous and obnoxious” non-monetary barriers to trade. India and…
