Donald Trump, the U.S. president, signed an executive order imposing an additional 25% tariff on India's imports of Russian oil, the White House said on the 6th.
Earlier, President Trump warned on the 4th that he would "significantly raise" tariffs on India regarding the issue of its large purchases of Russian oil.
President Trump had previously decided to impose a 25% country-specific reciprocal tariff on India starting from the 7th. This additional 25% tariff appears to be an increase on top of that.
This is interpreted as both a pressure tactic related to trade negotiations with India and a measure targeting the funding lines of Russia, which continues its offensive against Ukraine.
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