President Donald Trump’s additional 25 percent tariff on India became effective at midnight on Aug. 27, bringing the total rate to 50 percent on many imports entering the United States.
The president, in his global tariffs announcement in April, introduced a 26 percent levy on Indian goods, aimed at pressuring the Indian government to lower its trade barriers. Months later, the rate was revised slightly lower to 25 percent.
In an Aug. 6 executive order, Trump implemented an additional 25 percent tariff on India, saying its government is “currently directly or indirectly importing Russian Federation oil.”
Since Russia invaded Ukraine in 2022, India has been one of Russia’s most significant trading partners, with annual bilateral trade reaching almost $69 billion….