Trump announces 25% tariff on India plus penalties for buying Russian energy
The US president said on Wednesday that India 'is our friend' but its tariffs 'are far too high' on US goods.
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The Republican president added that India buys military equipment and oil from Russia, which he said has enabled the war in Ukraine.
As a result, he intends to charge an additional 'penalty' starting on Friday as part of the launch of revised tariffs on multiple countries.
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