Trump announces 25% tariff on India plus penalties for buying Russian energy

Donald Trump (AP Photo/Jacquelyn Martin)

Donald Trump (AP Photo/Jacquelyn Martin)

Donald Trump has said he will impose a 25% tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian oil.

The US president said on Wednesday that India “is our friend” but its tariffs “are far too high” on US goods.

You have reached your article limit. Already a subscriber? Sign in

Unlimited access starts here.

Try from only €0.25 a day.

Cancel anytime

More in this section

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited