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Trump says he will 'substantially' raise tariffs on India

CNBC · Just In
CNBC
CNBC
Just In

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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