Washington (AP) – President Donald Trump signed executive Order To make a place on Wednesday Additional 25% tariff On India for your purchase Russian oilBringing the United States in India up to 50%.
Tariffs will become effective 21 days after signing the order, which means that both India and Russia may have time to interact with the administration on import taxes.
Trump’s step can reopen India’s economic ambitionsMany American companies have seen India as an alternative to Chinese manufacturing that Trump expected to decrease through the use of tariffs. Even though China also buys oil from Russia, the Beijing Republican was not subject to additional tariffs in the order signed by the President.
The US and China are currently negotiating trade, Washington imposed 30% tariff on Chinese goods and faced 10% of an anti -perpetrator tax from Beijing on US products.
Josh Bok, Associated Press
