Editorial photo #12675047 Economy, Business and Finance
Donald Trump Threatens To Double Tariffs On India Over Russian Oil Imports
A shopkeeper awaits customers at a souvenir shop in Srinagar, Jammu and Kashmir, on August 25, 2025. India's foreign minister says on Saturday that trade negotiations with Washington continue, but there are lines that New Delhi needs to defend, just days before hefty additional U.S. tariffs are due to hit. Indian goods face additional U.S. tariffs of up to 50%, among the highest imposed by Washington, due to its increased purchases of Russian oil. A 25% tariff already comes into effect, while the remaining 25% is set to be enforced from August 27. (Photo by Firdous Nazir/NurPhoto)
