Trump's Escalating Tariff War With India Threatens Russia's Oil Economy ...Middle East

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Trumps Escalating Tariff War With India Threatens Russias Oil Economy
source : OILPRICE ( Middle East ) () 69
President Donald Trump has imposed an additional 25 per cent tariff on India after the country’s government imported Russian Federation Oil. In an executive order signed on Wednesday, the White House said it would slap Indian imports with the fresh levy taking their overall rate to 50 per cent. The President warned on Tuesday he would raise India’s tariff rate “very substantially over the next 24 hours, because they’re buying Russian oil, they’re fuelling the war machine”. “If they’re going to do…

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