US lawmakers have introduced a resolution to end tariffs imposed on India during Donald Trump’s presidency. The move aims to cancel a 50 percent duty and restore Congress’s constitutional role in trade decisions. Lawmakers say the tariffs have harmed economic ties and raised costs. The resolution was presented by Raja Krishnamoorthi, Deborah Ross, and Mark […]
India Tariffs
Trump hikes India tariffs to 50% over Russian oil deal
U.S. President Donald Trump has increased tariffs on India by 25 percent, bringing the total tariff to 50 percent. He made this decision after India continued to buy oil from Russia despite warnings. Trump said India is not a good trade partner because of these purchases. The new tariffs will take effect within 24 hours. […]