Publisher: Maaal International Media Company
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US President Donald Trump signed an executive order on Wednesday adding a 25% tariff on Indian goods, “in response to continued purchases of Russian oil,” according to a White House statement on Twitter.
This new tax is in addition to a previous 25% tariff scheduled to take effect on Thursday, coinciding with tariffs Trump considers “reciprocal” and taking effect within 21 days, according to the order.
There is also a risk of potential tariffs on other countries “that directly or indirectly import oil from the Russian Federation.” However, exemptions remain in place for products targeted by other tariffs in specific sectors, such as steel and aluminum.
Trump is intensifying pressure on India after threatening new sanctions on Moscow unless it makes progress by Friday toward a peace agreement with Kyiv.
India’s National Security Advisor visited Moscow on Wednesday, according to media reports in New Delhi, coinciding with a visit by US envoy Steve Witkoff. The Indian Foreign Ministry previously deemed US pressure to halt purchases of Russian oil “unjustified and illogical,” stressing that it would protect its interests.