Trump Tariffs 2025 News
Trump’s new tariffs on India, which is aimed at punishing Russia over its Ukraine war, risk backfiring by driving up prices in the United States and straining American businesses and consumers.
Trump’s sweeping tariff overhaul imposes rates from a low 10% to highs of 40% plus. It is set to reshape global trade dynamics.
US President Donald Trump is seriously considering imposing 500% tariffs on countries, including India and China, that buy Russian energy.
Sri Lanka, Algeria, Iraq, Libya, Brunei, Moldova and Philippines. All now have been slapped with fresh US tariffs – some as high as 30%.
The Indian rupee strengthened slightly after India was excluded from the tariff list, while other Asian currencies held steady.
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