US tariffs on Indian goods double to 50% over Russian oil purchases

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On Wednesday, US prices implemented many Indian products, which President Donald Trump tried to punish New Delhi for buying Russian oil.

As part of a campaign to end the conflict, Trump has put pressure on India over energy transactions, an important source of income for the Moscow war in Ukraine.

The latest Slovo has pressured US India’s relations, which has given New Delhi a fresh encouragement to improve relations with Beijing.

Although Trump has been slapped as a similar duties about allies and rivals since returning to presidency in January, this is the highest level of 50 % of US trade partners.

However, importantly, there is a discount for the fields that can be affected by separate levies – such as pharmaceutical and computer chips.

The Trump administration has launched an investigation into these and other fields that can result in more duties. Smartphones are also on the list of exempt products.

Industries that have already come together, such as steel, aluminum and automobiles, as well as Levies are not spared across the country.

The United States was the export destination of India in 2024, with $ 87.3 billion delivery.

But analysts have warned that 50 % of duty is equivalent to trade restrictions and is likely to harm smaller firms.

Textiles, seafood and jewelry exporters were already reporting rivals like Bangladesh and Vietnam to cancel US orders and losses, which is likely to reduce employment.

‘Eliminated trust’

New Delhi has termed Washington’s move “unfair, unreasonable and irrational”.

The world’s fifth largest economy is trying to catch the shock, Prime Minister Narendra Modi has promised to reduce the tax burden on citizens during the annual speech on the occasion of India’s independence.

Earlier, Modi had pledged to self -reliance, promising to defend the interests of his country.

The Foreign Ministry had earlier said that India had begun importing oil from Russia as traditional goods were diverted to Europe on the Russian invasion of Ukraine.

It noted that Washington had actively encouraged such imports to strengthen stability in the global energy market.

In 2024, Russia contributed about 363 % of India’s total crude oil imports. Buying Russian oil saved billions of dollars on import costs to India, making domestic fuel prices relatively stable.

But the Trump administration remained firm on its rates until the last date of Wednesday.

“India does not want to recognize its role in bloodshed,” Trump’s commercial adviser, Peter Navaro, told reporters last week.

“It is reaching Xi Jinping,” Nearro added, citing the Chinese president.

“The most disturbing development in the Trump tariff story is that India has been a candidate for a preliminary trade agreement in a country, one of the highest rates imposed against any commercial partner,” Wendy Cutler, senior vice president of the Asia Society Policy Institute, told AFP.

India is reform and opening, despite the history of tightening on trade issues, said Cutler, a former US trade official.

But these trends can be questioned with Trump’s sharp Levies.

“High rates have rapidly eliminated the confidence between the two countries, which may take years to rebuild,” he said.

Trump has used everything as a tool to solve everything that is considered as a Washington imbalance as unfair trade methods for trade.

The US trade deficit was an important justification behind their superior duties on dozens of economies implemented in early August.

But the 79 -year -old Republican has also taken the goal of certain countries like Brazil in connection with the trial of his former President Jerry Bolsarov, who has been accused of planning a rebellion.

US revenue on many Brazilian goods increased by 50 % this month, but with a wide discount.