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Trump imposed a 5 percent tariff on India
International
International desk 2025-08-06
US President Donald Trump has imposed an additional 20 percent tariff on imported products from India to continue buying oil from Russia. As a result, the total tariff on Indian products rises to 5 percent.
In an interview on Tuesday (August 8th), Trump said the tariff on imported from India could be 'significant quantity'. Within 24 hours that warning became a reality.
In a announcement on Wednesday (August 8th), Trump said new tariffs were imposed as a disciplinary action against India for not stopping the purchase of oil from Russia.
In the meantime, an executive order has been mentioned in various countries including India, which will be implemented from August 1. However, in India, the tariff increased in advance.
In a post in Truth Social, Trump wrote, “India is buying a large amount of Russian oil, then selling it in the open market at a higher price. They are not taking the horrors of war in the Ukraine war.”
He also indicated that financial penalties could be imposed on India due to oil imports from Russia, though the fine has not yet been determined.
Bangladesh /JH
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