Close Menu
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Facebook X (Twitter) Instagram
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Newsletter
Truth Republican
You are at:Home»Business»Trump imposes additional 25% tariffs on India tied to Russian oil purchases
Business

Trump imposes additional 25% tariffs on India tied to Russian oil purchases

Buddy DoyleBy Buddy DoyleAugust 27, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
Trump imposes additional 25% tariffs on India tied to Russian oil purchases
Share
Facebook Twitter LinkedIn Pinterest Email

The Trump administration on Wednesday imposed an additional 25% tariff on Indian imports, pushing some duties to as high as 50% as of Wednesday, U.S. Customs and Border Protection confirmed. 

The move has been framed as retaliation for New Delhi’s surging imports of discounted Russian crude.

Foreign Minister S. Jaishankar, India’s top diplomat, ripped the U.S. for targeting New Delhi over Russian oil while giving China and Europe a pass. Both sides have blamed five rounds of failed trade talks on misjudgments and missed signals.

“The government has no hope for any immediate relief or delay in U.S. tariffs,” a commerce ministry official told Reuters.

TRUMP TARIFFS PUSH INDIA CLOSER TO AMERICA’S STRATEGIC RIVALS CHINA AND RUSSIA

Last month, as Trump announced the decision, the president slammed the South Asian country’s “obnoxious” trade barriers and purchases of Russian military equipment. 

“Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country,” Trump wrote on social media. 

Trump points during campaign rally

“Also, they have always bought a vast majority of their military equipment from Russia, and are Russia’s largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE — ALL THINGS NOT GOOD! INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PLUS A PENALTY FOR THE ABOVE, STARTING ON AUGUST FIRST. THANK YOU FOR YOUR ATTENTION TO THIS MATTER. MAGA!, he went on.”

The decision – pushed backed until late August – sent the rupee to a three-week low and Indian stock indexes down about 1%, their steepest drop in three months. The Indian government predicts the hit will affect $48.2 billion worth of exports in key sectors like gems, textiles and food.

Pankaj Chadha, president of the Engineering Exports Promotion Council, warned that U.S. orders could fall 20 to 30%. Officials say the new duties could make shipments to the U.S. commercially unviable, triggering job losses and slower economic growth. India is pledging subsidies and aid to soften the blow but has admitted that diversifying to new markets will be difficult.

Trump signs tariff executive order

The U.S. State Department and India’s Ministry of External Affairs both issued statements on Tuesday affirming that after a virtual meeting both had an “eagerness to continue enhancing the breadth and depth of the bilateral relationship.”

“Both sides looked forward to increasing defense cooperation, including signing a new ten-year Framework for the U.S.-India Major Defense Partnership, as well as advancing defense industrial, science, and technology cooperation; operational coordination; regional cooperation; and information-sharing,” the statement read.

TRUMP ISSUES ULTIMATUM, THREATENING TARIFFS OVER DIGITAL TAXES AND REGULATIONS

Participants also agreed to build upon progress under the U.S.-India Catalyzing Opportunities for Military Partnership, Accelerated Commerce & Technology (COMPACT) for the 21st Century and beyond, according to the release.

Treasury Secretary Scott Bessent

Trump’s top economic official, Treasury Secretary Scott Bessent, has accused India of exploiting the war in Ukraine through Russian oil purchases.

“India is just profiteering. They are reselling. What I would call Indian arbitrage — buying cheap Russian oil, reselling it as product — has just sprung up during the war, which is unacceptable,” he told CNBC.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleTrump says he’s ‘always’ ready for legal fight as ousted Fed governor Lisa Cook plans lawsuit
Next Article The Firearms Mistake That Wasted My Time & Money

Related Articles

Walmart addresses social media rumors that it will close stores when SNAP benefits lapse

Walmart addresses social media rumors that it will close stores when SNAP benefits lapse

October 31, 2025
Roblox CEO says child safety is industry-wide issue, plans tools to keep bad actors off platform

Roblox CEO says child safety is industry-wide issue, plans tools to keep bad actors off platform

October 31, 2025
GM lays off over 1,700 workers indefinitely as EV demand slows

GM lays off over 1,700 workers indefinitely as EV demand slows

October 31, 2025
Goldman Sachs CEO calls decades of US-China trade policy a ‘mistake,’ sees progress in Trump-Xi talks

Goldman Sachs CEO calls decades of US-China trade policy a ‘mistake,’ sees progress in Trump-Xi talks

October 31, 2025
Shutdown set to deliver harshest blow yet as SNAP funding for millions runs out

Shutdown set to deliver harshest blow yet as SNAP funding for millions runs out

October 31, 2025
Treasury secretary tells Dem senators to stop sending him ‘incoherent letters,’ Argentina aid profiting US

Treasury secretary tells Dem senators to stop sending him ‘incoherent letters,’ Argentina aid profiting US

October 31, 2025
Trump pardon of the former Binance CEO sparks unproven conflict of interest allegations

Trump pardon of the former Binance CEO sparks unproven conflict of interest allegations

October 31, 2025
Leading AI company to ban kids from chatbots after lawsuit blames app for child’s death

Leading AI company to ban kids from chatbots after lawsuit blames app for child’s death

October 31, 2025
House Democrat’s ‘crypto corruption’ resolution calls to ban politicians’ digital asset dealings

House Democrat’s ‘crypto corruption’ resolution calls to ban politicians’ digital asset dealings

October 31, 2025
Don't Miss
Halloween threat puts kids in danger as drug-laced sweets spook parents, trick-or-treaters: expert

Halloween threat puts kids in danger as drug-laced sweets spook parents, trick-or-treaters: expert

Walmart addresses social media rumors that it will close stores when SNAP benefits lapse

Walmart addresses social media rumors that it will close stores when SNAP benefits lapse

Abrego Garcia’s lawyers ask judge to drop vindictive prosecution hearing, dismiss criminal case

Abrego Garcia’s lawyers ask judge to drop vindictive prosecution hearing, dismiss criminal case

The government shutdown exposed the biggest lie in education

The government shutdown exposed the biggest lie in education

Latest News
Major phone carriers reveal Jack Smith’s subpoenas for Republican senators’ records

Major phone carriers reveal Jack Smith’s subpoenas for Republican senators’ records

October 31, 2025
Samaritan’s Purse races to help Jamaica after Category 5 Hurricane Melissa destruction: ‘Not been forgotten’

Samaritan’s Purse races to help Jamaica after Category 5 Hurricane Melissa destruction: ‘Not been forgotten’

October 31, 2025
GM lays off over 1,700 workers indefinitely as EV demand slows

GM lays off over 1,700 workers indefinitely as EV demand slows

October 31, 2025
Democratic state senator accused of secretly filming two critics in bed together to try to silence them

Democratic state senator accused of secretly filming two critics in bed together to try to silence them

October 31, 2025
With a nuclear backdrop, Trump eases tensions with Xi but merely returns to the status quo

With a nuclear backdrop, Trump eases tensions with Xi but merely returns to the status quo

October 31, 2025
Copyright © 2025. Truth Republican. All rights reserved.
  • Privacy Policy
  • Terms of use
  • Contact

Type above and press Enter to search. Press Esc to cancel.