US TRADE PARTNERS TARIFF | INDIA | RUSSIA | CHINA |
Автор: CIVIL ENGINEER RAKESH RAUSHAN
Загружено: 2025-08-09
Просмотров: 1787
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US TRADE PARTNERS TARIFF | INDIA | RUSSIA | CHINA |
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• US TRADE PARTNERS TARIFF | INDIA | RUSSIA ...
Initial Tariffs: On August 1, 2025, President Trump imposed 25% tariffs on Indian exports to the U.S. .
Escalation: On August 6, 2025, those tariffs were doubled to 50% as punishment for India's continuing purchases of Russian oil. The new rate is set to take effect on August 27, 2025 .
Strategic Motivation: These penalties fall under a broader strategy—labeled “tariffs tied to national security”—aimed at deterring countries from supporting Russia amid its war in Ukraine .
Impact on Defense Deals: In response, India reportedly paused planned procurements of U.S. defense equipment, including Stryker vehicles, Javelin missiles, and Boeing P8I aircraft (worth about $3.6 billion), though some reports have been later contested by Indian officials .
Political Ramifications: PM Modi reaffirmed India's strategic ties with Russia, calling his conversation with President Putin "very good," marking a shift in posture amid rising pressures .
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