US President Donald Trump has signed an order doubling tariffs on goods imported from India, raising them from 25% to 50%. The decision was announced on the White House website and aimed at pressuring India over what Trump described as unfair trade practices and continued oil purchases from Russia. The new tariff follows an earlier 25% duty already in place. The US President said India does more business with the US than the US does with India, calling it an uneven relationship.
India Strongly Condemns Tariff Hike
India has called the move unfair, unjustified, and unreasonable. Officials in New Delhi said the increased tariff would hurt businesses on both sides and strain bilateral ties. The Indian government expected to respond with its trade measures.
