Tag: US Tariff

Trump Hints at Possible Secondary Sanctions on China Over Russian Oil Imports, Days After Tariffs on India

Despite this widespread reliance on Russian energy, neither China nor Turkiye currently face US sanctions or tariffs linked directly to their Russian oil or energy imports.

August 7, 2025

Congress MP Hibi Eden Moves Adjournment Motion in Lok Sabha Over US Tariffs, Warns of Severe Impact on Marine Exports

In a formal notice submitted to the Lok Sabha Secretary General, Eden criticized the US decision, calling it "unfair and politically motivated", citing India’s continued purchase and resale of Russian oil as the stated reason for the hike.

August 7, 2025

Economists Warn Trump’s 25% Tariff Hike Could Shave 0.4% Off India’s FY26 GDP Growth

The tariff, which raises the total US duty on Indian goods to 50 percent, is expected to take effect after 21 days and will significantly impact India's export competitiveness in one of its largest markets.

August 7, 2025

Trump Administration Defends Tariffs, Claims Indian Oil Imports from Russia “Far Exceed” US Trade with Moscow

The official further accused India of “intentionally taking advantage” of the ongoing war in Ukraine to boost its energy deals with Russia.

August 7, 2025

Trump Hints at Wave of Secondary Sanctions After Imposing 25% Tariff on India

"It's only been eight hours. So let's see what happens," Trump said. "You're going to see a lot more... you're going to see so much secondary sanctions."

August 7, 2025

US Tariffs on Indian Goods Spark Diplomatic Strain; Expert Warns of Worst Crisis in Two Decades

Kugelman, a Washington DC-based South Asia analyst, warned that the tariff decision could have a "damaging impact" on the strategic partnership between the two countries.

August 7, 2025

Indian stock benchmarks continue to dip over Trump tariffs uncertainty

The RBI monetary policy announcements, largely in line with expectations, had hardly any impact on the markets.

August 6, 2025

Rahul Gandhi Alleges PM Modi Compromised by US Probe Into Adani Amid Trump’s Tariff Threats

In the same post, he added: “One threat is to expose the financial links between Modi, AA (Adani), and Russian oil deals. Modi’s hands are tied.”

August 6, 2025

Trump Repeats Claim of Preventing India-Pakistan War, Threatens Higher Tariffs Over Russian Oil Imports

“This is Biden’s war, and we’re working very hard to get us out. I stopped five wars in the last five months — actually — and I’d like this to be the sixth, frankly,” Trump stated.

August 6, 2025

Trump Walks Back Tariff Remarks on Russian Oil Trade, Faces Criticism from Nikki Haley Over India Stance

“I never said a percentage, but we’ll be doing quite a bit of that. We’ll see what happens over the next fairly short period of time… We have a meeting with Russia tomorrow. We’re going to see what happens,” Trump said.

August 6, 2025