Bloomberg Television
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Trump Doubles India Tariff to 50% to Punish Russian Oil Buying
Posted
August 7, 2025
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14,062
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August 7, 2025
14,062
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1:01Now PlayingTrump on Wednesday signed an executive order imposing a 25% tariff on Indian imports, citing the country’s continued purchases of Russian oil. The measure adds to an earlier 25% tariff announced last week. The higher duty will come into effect within three weeks, leaving a narrow window for further talks.
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