Trump imposes 50% tariff on India for Russian oil purchases, nearing China's levels. US threatens secondary sanctions.

WASHINGTON: US President Donald Trump issued an executive order on Wednesday (Aug 6) imposing an additional 25 per cent ...

India's foreign ministry said the decision was "extremely unfortunate" and that New Delhi will take all actions necessary to ...

US President Trump was asked why India is being singled out for buying Russian oil when countries like China are doing the ...

Trump's order comes days after he threatened India with a ‘penalty’ if it continued to import oil from Russia, which is at ...

India is part of a small group of major economies without a deal. And it now faces the highest tariff rate globally.

This week, Trump announced that he will be adding another 25% to the previous 25% tariff on Indian imported goods ...

NEW DELHI (AP) — India has indicated that it would continue buying oil from Russia despite threats by U.S. President Donald Trump. The Indian foreign ministry said its relationship with Russia was ...

Last year, India leapfrogged China to become the biggest buyer of Russian oil, purchasing up to 2 million barrels of ...

Russia’s Deputy Defense Minister, Colonel General Aleksandr Fomin, on August 6 held a meeting with Vinay Kumar, India’s ...

The White House on Wednesday slapped an additional 25% tariff on India for buying oil from Russia. Kelly O'Grady reports on ...

WASHINGTON, August 7. /TASS/. US President Donald Trump has suggested that Washington might eventually cancel the additional 25% tariffs imposed on India for buying Russian oil, he told reporters at ...