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Trump Hits India with 50% Tariffs Over Russian Oil Imports, Calls It a “Big Blow” to Moscow

Trump Hits India with 50% Tariffs Over Russian Oil Imports, Calls It a “Big Blow” to Moscow

US President Donald Trump has announced a sweeping 50% tariff on Indian imports, combining a 25% reciprocal tariff with an additional 25% penalty for India’s ongoing purchase of Russian oil. Trump called the measure a “big blow” to Moscow, claiming India is among the largest buyers of Russian crude—a key revenue source for Russia amid the Ukraine conflict. While the decision has sparked diplomatic ripples, oil markets have remained largely unaffected, reflecting expectations that India will maintain its reliance on affordable Russian energ

India-US Trade Tensions: Trump's Tariffs and the Russian Oil Dilemma, ETCFO
Trump Hits India with 50% Tariffs Over Russian Oil Imports, Calls It a “Big Blow” to Moscow

y. Economic experts warn that any sudden shift away from Russian oil could significantly impact India’s energy security and trade balance, urging New Delhi to navigate a delicate balance between geopolitical pressure and domestic economic priorities.


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