Starting today, the United States has imposed an additional 25% tariff on Indian exports, bringing the total tariff rate to 50%. The U.S. Department of Homeland Security issued the order through Customs and Border Protection.
The Trump administration said the move was a penalty for India’s continued purchase of Russian crude oil, which helps fund Moscow’s war in Ukraine. The new tariff adds to the 25% already in effect since August 1. India’s exports worth nearly $87 billion—about 2.5% of its GDP—are expected to be directly affected.