Trump imposes 25% tariff on India plus ‘penalty’ over ties to Russia

US president calls Delhi a friend but criticises policies such as buying arms and energy from Russia amid Ukraine warBusiness live – latest updatesDonald Trump has announced the US will impose a 25% tariff on goods from India plus an extra “penalty” for the country buying arms and energy from Russia amid the war in Ukraine.Washington has set a 1 August deadline for countries around the world to reach agreements on trade, including India, amid the US president’s sweeping global tariff war. Continue reading...

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