Trump Imposes 50% Tariff on India, Including New 25%

President Donald Trump said he was doubling tariffs on India from 25% to 50%. In an executive order, Trump says "I find that the Government of India is currently directly or indirectly importing Russian Federation oil" and due to those purchases, imports of Indian goods into the United States "shall be subject to an additional ... rate of duty of 25%."

The order says that the newly announced 25% will stack on top of the 25% Trump says he will hit India with on Wednesday night, when his sweeping global tariffs go into effect on most U.S. trading partners. The additional rate will take effect within 21 days.

A 50% tariff on India would be among the highest on any trading partner in the world. The only countries with tariffs as high as India's is set to be Brazil at 50%, Syria at 41%, Myanmar at 40% and Switzerland's which is set at 39%.

On Tuesday, Trump told, "India has not been a good trading partner, because they do a lot of business with us, but we don't do business with them. So we settled on 25% [tariffs] but I think I'm going to raise that very substantially over the next 24 hours, because they're buying Russian oil. They're fueling the war machine."

In a sharp response, India, a major U.S. security partner, said such criticism was “unjustified and unreasonable” and that it bought Russian oil with U.S. support. Trump has also been unhappy with companies recently pivoting their supply chains from China, which for a time he had 145% tariffs on, to other countries like India.

Trump has also been unhappy with companies recently pivoting their supply chains from China, which for a time he had 145% tariffs on, to other countries like India.