US Doubles Tariffs on India Over Russian Oil Purchase, Creating Trade Uncertainty

The United States has imposed a doubled tariff of 50% on Indian goods as retaliation for India’s purchase of Russian oil. This action escalates trade tensions between the two nations and significantly raises US-India trade barriers. The move highlights shifting dynamics in global trade, impacting sectors reliant on international cooperation. President Trump is considering potential secondary tariffs on Chinese imports but has not yet enacted them.