Trump imposes additional 25% tariffs on India for buying Russian crude oil
US President Donald Trump has signed an executive order imposing an additional 25% tariff on imports from India in response to its continued purchases of Russian oil. This was reported on the White House website.
As indicated, this rate of duty will be applied to goods entering the US market starting at 12:01 a.m. 21 days after the date of the order.
The order states that if India takes “retaliatory measures” against the United States in response to these actions, Trump may change this order.
The Trump administration has also warned that the US president may impose similar duties on other countries that directly or indirectly buy oil from Russia.
The document states that the US government will monitor whether any other country buys oil from Russia.
Recall that earlier US President Donald Trump announced that from August 1, 2025, he would introduce a 25% tariff on imported goods from India, as the country is one of the largest importers of Russian oil.
After that, Trump said that he would significantly increase tariffs against India for reselling Russian oil.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Ukraine processed only 14% of rapeseed, exported the rest in the MY 2024/25 — Ukro...
Turkey has amended the directive on regulating vessel traffic in the Bosphorus and...
Ukrainian wheat exports exceed 5 mln tons
Imports of American corn will help develop poultry farming in Thailand
Ukrainian farmers threshed over 33 mln tons of grain
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon