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In retaliation for Indian Russian oil purchases, Donald Trump imposes 25% additional penalty in New Delhi

Decryption – At the war against the American trade deficit and Indian gross purchases in Russia, the White House goes on the offensive: in addition to customs sanctions of 25 %, an additional penalty falls on Indian exports.

Donald Trump struck very hard. Reproaching New Delhi for not being a “Good business partner” Who “Do a lot of business with us, but with which we do little The American president has made his threats. Already struck by a customs duty of 25 %, Indian exports to the United States receive an additional 25 %penalty, in retaliation for the purchase of Russian oil, said a decree published on Wednesday, August 6.

It is first of all the commercial imbalance between the two powers which crystallizes the anger of Washington. In 2024, Indian exports to America reached $ 87.4 billion, digging a deficit of nearly 46 billion for American goods, up 5 % over a year, according to the office of the American representative to trade (USTR). Ironically, the now king of tariffs Reproach India its protectionist policies: the country displays, it is true, one of the most customs of customs duties …

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harper.quinn
harper.quinn
Harper curates “Silicon Saturday,” an email digest that turns tech-patent filings into snack-sized trivia.
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