Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
NEW YORK, Aug. 6 (Xinhua) — U.S. President Donald Trump signed an executive order on Wednesday imposing an additional 25 percent tariff on goods imported from India in retaliation for purchases of Russian oil, the White House said in a statement.
The order will come into force 21 days after signing, bringing the total tariff rate on Indian goods to 50 percent, while another 25 percent duty will start to be levied from August 7.
On August 4, D. Trump threatened to “significantly” raise customs duties on products imported from India, citing the fact that the Indian side buys and resells oil from Russia.
In response to the US leader's threats, India's Ministry of External Affairs issued a statement calling the "attacks on India unwarranted and unwise" and saying the oil imports were meant to "ensure predictable and affordable energy prices" for Indian consumers. –0–
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