US slams additional 25% tariff on India for Russian oil imports; Trump expected to speak with Zelenskyy
The White House has just announced an additional 25% tariff on India for “directly or indirectly importing Russian oil.”
The tariff was introduced through a presidential executive order signed, today Wednesday, by US president Donald Trump.
The order, posted on the White House’s website read: “I have received additional information from various senior officials on, among other things, the actions of the Government of the Russian Federation with respect to the situation in Ukraine.
After considering this additional information, among other things, I find that the national emergency described in Executive Order 14066 continues and that the actions and policies of the Government of the Russian Federation continue to pose an unusual and extraordinary threat to the national security and foreign policy of the United States.”
“To deal with the national emergency described in Executive Order 14066, I determine that it is necessary and appropriate to impose an additional ad valorem duty on imports of articles of India, which is directly or indirectly importing Russian Federation oil.”
Meanwhile, US media outlet Axios is reporting that Trump is expected to speak with Zelenskyy later today, discussing the next steps after Witkoff’s meeting with Putin in Moscow.
