President Donald Trump imposed a 50% tariff on Indian imports, one of the steepest levies the U.S. charges, on Wednesday. The move follows a new 25% baseline tariff set earlier this month and is aimed at punishing India for purchasing Russian oil.
The decision risks straining ties with New Delhi, America’s fifth-largest trading partner, while driving up costs for U.S. businesses and consumers. India has signaled possible retaliation, arguing it is being unfairly targeted compared to other Russian oil buyers.
Key imports like pharmaceuticals and apparel will be hit, raising concerns over trade, supply chains, and broader U.S.-India relations.