Trump hits India with additional 25% tariff over Russian oil imports

Trump hits India with additional 25% tariff over Russian oil imports

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Washington — President Trump signed an on Wednesday imposing an additional 25% tariff on goods from India because it continues to buy oil from Russia.

The announcement by the president after he said he would be slapping a 25% tariff on imports from India, as well as an unspecified "penalty," because of its purchases of Russian military equipment and energy. The additional tariff are set to take effect in 21 days, according to the directive. The latest action brings the total duties imposed on Indian products to 50%.

Mr. Trump criticized India then as having tariffs that are "far too high" and "the most strenuous and obnoxious non-monetary trade barriers of any country."

The president has sought to target countries doing business with Russia as part of his efforts to pressure the Kremlin to reach a peace deal with Ukraine. Russian President Vladimir Putin , Mr. Trump's special envoy, in Moscow on Wednesday, according to the Kremlin.

Mr. Trump has to agree to a ceasefire with Ukraine or face "severe tariffs" and other economic penalties.

Tariffs are a signature piece of the president's trade agenda, and Mr. Trump has used the levies as a way to force U.S. trading partners to the table to negotiate trade agreements. The president announced last week ahead of a Friday deadline for them to cut trade deals with his administration. Those tariffs are set to take effect this week.

The U.S. had a $45.8 billion trade deficit with India last year, an increase of 5.9% over 2023, according to from the Office of the U.S. Trade Representative. 

Mr. Trump  at the White House earlier this year and said that the U.S. would be boosting military sales to India. He also said he and Modi reached a deal on oil and gas that would make the U.S. India's leading supplier.