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News

Trump threatens 50% tariffs on India for buying Russian oil

NBC News on MSN · 6h
Trump hikes India tariffs to 50% for buying Russian oil
In an executive order, Trump says "I find that the Government of India is currently directly or indirectly importing Russian Federation oil" and due to those purchases, imports of Indian goods into the United States "shall be subject to an additional ... rate of duty of 25%."
The New York Times · 5h
Trump to Double India’s Tariff as Punishment for Buying Russian Oil
Tariffs on Indian exports to the United States will surge to 50 percent by late August, as part of an effort by President Trump to pressure Russia into resolving its war in Ukraine.
CNN on MSN · 5h
Trump threatens India with 50% tariff as negotiations fizzle and Modi keeps importing Russian oil
President Donald Trump on Wednesday announced sweeping and substantial tariffs on India, one of America’s most important trading partners. In addition to a 25% tariff that is set to go into effect Thursday,
7hon MSN

Russian oil exports will rise after drone strikes shut refineries, sources say

MOSCOW (Reuters) -Russia plans to increase exports from its western ports to nearly two million barrels per day in August, ...
2don MSN

China pushes back at US demands to stop buying Russian and Iranian oil

U.S. Treasury Secretary Scott Bessent acknowledges China's position on oil purchases but suggests an overall trade deal ...

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