US President Donald Trump on Wednesday signed an executive order imposing an additional 25% tariff on goods imported from India, doubling the total tariff to 50%, the White House said.
The move comes in response to India’s continued direct and indirect imports of oil from the Russian Federation, which the administration said undermines US foreign policy and economic interests.
According to the order, all articles imported into the United States from India will now be subject to an additional ad valorem duty of 25 percent.
“The President has determined it is necessary and appropriate to impose an additional ad valorem rate of duty on imports of articles from India,” the White House said in a statement, adding that the action was in response to India’s continued engagement with Russian energy exports despite geopolitical concerns.
The executive order states that India’s trade practices related to Russian oil undermine US foreign policy objectives and warrant corrective economic measures.
