US tariffs on Indian goods double to 50pc over Russian oil purchases

📰 Source: Dawn

US President Donald Trump’s doubling of tariffs on goods from India to as much as 50 per cent took effect as scheduled on Wednesday, escalating tensions between the world’s two largest democracies and strategic partners. A punitive 25pc tariff imposed due to India’s purchases of Russian oil adds to Trump’s prior 25pc tariff on many […]