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Trump’s August 6 order added a 25% tariff on Indian imports tied to India’s direct or indirect purchases of Russian oil, stacking on an existing 25% duty for a combined 50% rate once the new measure takes effect on August 27, 2025.
Why it matters: Tariff boomerang
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Trump’s August 6 order added a 25% tariff on Indian imports tied to India’s direct or indirect purchases of Russian oil, stacking on an existing 25% duty for a combined 50% rate once the new measure takes effect on August 27, 2025.
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Trump’s August 6 order added a 25% tariff on Indian imports tied to India’s direct or indirect purchases of Russian oil, stacking on an existing 25% duty for a combined 50% rate once the new measure takes effect on August 27, 2025.
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