
Trump imposes tariffs on India over Russia trade
In a post on his Truth Social account on Wednesday, Trump stated that 'India is our friend' but that the US does 'relatively little business with them.' At the same time, he noted that India has continued to buy military equipment and energy from Russia amid the Ukraine conflict.
'All things not good! India will therefore be paying a tariff of 25%, plus a penalty for the above, starting on August first,' Trump wrote.
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