US Imposes Tariffs on India, Spares China Over Russian Oil Trade: Trump Team Labels India ‘Profiteer’ Amid Global Scrutiny
In a move that has sparked diplomatic tension and economic debate, the United States under President Donald Trump has imposed an additional 25% tariff on Indian goods—raising the total duty to 50%—while sparing China from similar penalties despite both nations importing Russian oil. The Trump administration has justified the decision by accusing India of “profiteering”…