Within minutes of President Trump’s announcement of an additional 25% tariff — raising the total levy on Indian imports to 50%, one of the highest he has imposed on any country — India condemned the move as “unfair, unjustified, and unreasonable.” =
Breakdown
- The US imposed a 50 percent tariff on Indian imports, citing India's Russian oil and arms purchases. 6s
- Indian officials criticized the tariffs, defending their economic ties with Russia. 24s
- Prime Minister Modi emphasized India's focus on its own economic interests. 56s
- Experts say India must balance its relationships with both Russia and the US. 1m 32s
- US-India trade talks and a visit from President Putin are expected in the coming months. 2m 11s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.