US Imposes New Tariffs on Indian Goods

The White House released a statement on Wednesday announcing that US President Donald Trump has levied an additional 25% tariff on goods imported from India, citing the nation’s acquisition of Russian oil.

This action follows Trump’s declaration just a day prior, where he indicated his intent to escalate tariffs on Indian imports within the subsequent 24 hours, referencing India’s continued procurement of Russian oil.

More details will be added as they emerge.