The Trump Administration outlined plans to implement a 50% tariff on merchandise from India in a draft discover revealed Monday, the most recent sign that the White Home plans to push forward with the heightened levies as efforts to dealer a peace deal between Russia and Ukraine look like stalling.
The discover posted by the Division of Homeland Safety mentioned that the elevated levies would hit Indian merchandise “which can be entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. jap daylight time on August 27, 2025.”
(Extra particulars are being added)