BBCUS President Donald Trump has issued an executive order on Wednesday hitting India with additional 25% tariff over its purchases of Russian oil.
That will raise the total tariff on Indian imports to the United States to 50%.
The new rate shall be “effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time 21 days after the date of this order”, the executive order stated.
The US president had earlier warned he would raise levies, saying India “don’t care how many people in Ukraine are being killed by the Russian War Machine”.
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