CNBC's Eamon Javers joins 'Money Movers' to discuss President Trump announcing a plan to raise tariffs on India.
Breakdown
- President Trump announced plans to substantially raise tariffs on Indian imports. 39s
- The decision is linked to India's purchase and resale of Russian oil. 26s
- No specific details on new tariff levels or exemptions have been provided by officials. 1m 31s
- The announcement comes amid ongoing difficulties in reaching a U.S.-India trade deal. 58s
- The move could impact companies that have shifted production to India from China. 1m 48s
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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.