Trump Announces 25% Tariffs on Indian Goods Over Russia Ties

NEW DELHIL: President Trump has announced new tariffs on India, but warned India there is more to come as punishment for buying fuel and weapons from Russia.
The United States will impose 25% tariffs on Indian goods starting in August, Trump said on social media on Wednesday. Also, he added, “they have always bought a vast majority of their military equipment from Russia, and are Russia’s largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE.” He said there will be “a penalty” for that.

Earlier this month, Trump warned Russia to stop its war in Ukraine or else its trading partners would be hit with 100% “secondary tariffs.” That came as U.S. lawmakers have been working on a bill that would allow an even tougher punishment of up to 500% tariffs.