DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News

Trump to Double India’s Tariff as Punishment for Buying Russian Oil

August 6, 2025
in News
Trump to Double India’s Tariff as Punishment for Buying Russian Oil
494
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

President Trump announced on Wednesday that he would double tariffs on India, to 50 percent, beginning this month as punishment for the country’s continued purchase of Russian oil.

Mr. Trump coupled the new, punishing tariff level with a threat to impose similar penalties on other countries that buy Russian energy as he sought to use trade policies to pressure the Kremlin into resolving the war in Ukraine.

Under a new executive order, India would face a 25 percent tariff starting on Aug. 27 if it continues to buy oil from Russia. That would be in addition to a 25 percent duty that Mr. Trump announced last week, citing unfair trade barriers, which he plans to implement beginning Thursday.

Previewing his actions, Mr. Trump faulted the Indian government this week on social media for buying “massive amounts” of Russian oil and selling it on the open market, saying, “They don’t care how many people in Ukraine are being killed by the Russian War Machine.”

Mr. Trump also laid the groundwork on Wednesday to impose similar 25 percent tariffs on other countries that purchase Russian energy. His executive order directed administration officials to “determine whether any other country is directly or indirectly importing Russian Federation oil,” and then report on whether they should face steep duties or other punishments.

China is the largest purchaser of Russian oil and other energy products. Turkey is also a big buyer.

Indian officials did not offer an immediate response to Mr. Trump’s executive over. But they signaled over the weekend that they did not intend to stop purchasing Russian oil.

Tony Romm is a reporter covering economic policy and the Trump administration for The Times, based in Washington.

The post Trump to Double India’s Tariff as Punishment for Buying Russian Oil appeared first on New York Times.

Share198Tweet124Share
NBA Legend Doesn’t Hold Back About Fever Superstar Caitlin Clark
News

NBA Legend Doesn’t Hold Back About Fever Superstar Caitlin Clark

by Newsweek
August 9, 2025

The Indiana Fever and Caitlin Clark were expected to be WNBA Finals contenders heading into the 2025 season. Unfortunately, Clark ...

Read more
News

Hegseth Posts Video of Pastor Saying Women Shouldn’t Vote

August 9, 2025
News

What environmental challenges does the Mediterranean face?

August 9, 2025
Canada

France’s recognition of Palestinian state scuttled Gaza truce talks, US’s Rubio says

August 9, 2025
News

NY Giants Rookie Opens Up on Connection With Josh Allen

August 9, 2025
James Gunn Denies Robin Appears In ‘The Batman II’: “Stop Believing This Nonsense”

James Gunn Denies Robin Appears In ‘The Batman II’: “Stop Believing This Nonsense”

August 9, 2025
Panthers’ Xavier Legette, Browns’ Rayshawn Jenkins ejected after exchanging blows during preseason matchup

Panthers’ Xavier Legette, Browns’ Rayshawn Jenkins ejected after exchanging blows during preseason matchup

August 9, 2025
Health officials confirm human case of West Nile virus transmitted by mosquitoes in New Orleans

Health officials confirm human case of West Nile virus transmitted by mosquitoes in New Orleans

August 9, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.