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Benzinga
Benzinga
Business
Piero Cingari

Trump Doubles Tariffs On India To 50% Over Russian Oil Trade

India-february,25,2020:,President,Ramnath,Kovind,And,Prime,Minister,Narendra,Modi

President Donald Trump has taken a major swing at India's trade relationship with the U.S., slapping an additional 25% tariff on Indian imports in response to New Delhi's continued purchases of Russian oil—effectively doubling the total tariff burden on Indian goods to 50%.

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