America announced Wednesday that it is imposing an additional 25 percent tariff on India, bringing the total levies against the major United States trading partner to 50 percent.
“I find that the Government of India is currently directly or indirectly importing Russian Federation oil,” President Donald Trump said in an executive order.
“Accordingly, and as consistent with applicable law, articles of India imported into the customs territory of the United States shall be subject to an additional ad valorem rate of duty of 25 percent,” the executive order reads.
