US President Donald Trump has doubled tariffs on India to 50%, citing its continued purchase of Russian oil. The move adds a 25% duty to existing tariffs and was labeled “unfair, unjustified and unreasonable” by India. Trump told CNBC, “India has not been a good trading partner,” pointing to trade imbalances. The decision marks a shift in US-India trade ties, raising concerns over economic fallout.
Trending
- Acko Taps Top Banks for H1 2027 IPO Target
- Fairdeal.Market Secures US$15M to Scale B2B Quick Commerce Across India
- India’s Startup IPO Surge: 48+ Listings Set to Unlock INR 50,000 Cr in 2026
- Indian Startup IPO Surge Expected by 2026 Amid Market Reset
- IIT Madras Director Unfazed by India’s AI Sovereignty Concerns
- Flipkart Bolsters Leadership with Key VP Appointments
- IEA Warns Current Oil Crisis Exceeds Past Shocks
- HomeEssentials Secures $7.7M to Fuel Retail Expansion


