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Trump Slaps 50% Tariff On India For Buying Oil From Russia

CNBC on MSN · 5h

Why the oil market does not believe Trump's threats to tariff countries that buy Russian crude

Oil closed 1% lower Wednesday after President Donald Trump announced new India tariffs. Traders seem to believe Trump won't really follow through.

Trump orders India tariff hike to 50% for buying Russian oil

India, which now faces among the highest tariff rates imposed by the US, called the levy "unjustified and unreasonable".

CBS News on MSN · 20h

Trump hits India with additional 25% tariff over Russian oil imports

Washington — President Trump signed an executive order on Wednesday imposing an additional 25% tariff on goods from India because it continues to buy oil from Russia.

19h

Trump signs order imposing additional 25% tariff on Indian imports over Russian oil ties to pressure Moscow into peace deal

The order, which takes effect in 21 days, states that India's ongoing direct or indirect importation of Russian crude poses ...

9hon MSN

U.S. Slaps 50% Tariffs on Indian Exports: What’s at Stake

President Trump doubles tariffs on Indian goods as a penalty for Russian oil deals. WSJ’s Shan Li reports on the consequences ...

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