Senators propose 500% US tariffs on nations buying Russian energy, targeting China, India, and Brazil. Debate grows over economic and geopolitical consequences.
The European Union declined President Trump's appeal for 100 percent tariffs on India and China, citing legal risks and opting for targeted sanctions targeting Russian oil buyers.
The White House demands India halt Russian oil imports, citing national security and the funding of Moscow's war in Ukraine, while imposing record tariffs on Indian goods.
India sharply criticizes the US for imposing a 50% tariff on its exports, calling the Trump administration’s move unfair and vowing a firm diplomatic response.
President Trump has threatened a significant increase in tariffs on Indian goods in response to India’s continued purchase and resale of Russian oil, signaling escalating tensions between the US and India amid evolving global trade dynamics.
President Trump has threatened a significant increase in tariffs on Indian goods in response to India’s continued purchase and resale of Russian oil, signaling escalating tensions between the US and India amid evolving global trade dynamics.
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