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Labrish
Nyuuz
India slams Trump's 25 percent tariff on imports over Russian oil ties
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[QUOTE="Munyaradzi Mafaro, post: 56284, member: 636"] The Indian government condemned additional trade penalties imposed by President Trump on Wednesday. Trump signed an executive order establishing a 25 percent duty increase on Indian products entering American markets. The Ministry of External Affairs described these measures as unjust and without merit. Officials declared India would defend its economic interests against such actions. The spokesperson emphasized that energy purchases serve 1.4 billion citizens and follow market principles. Trump justified the penalties by referencing India's petroleum transactions with Russia during the Ukraine conflict. The White House views these commercial relationships as threats to American security objectives. Indian officials expressed disappointment that Washington targeted their nation while other countries engage in similar trade practices. The tariff implementation begins three weeks after the order's signing date. Goods already shipped before the deadline and processed by September 17 receive exemptions from the new duties. [/QUOTE]
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Labrish
Nyuuz
India slams Trump's 25 percent tariff on imports over Russian oil ties
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