US President Donald Trump has issued an executive order hitting India with an additional 25% tariff over its purchases of Russian oil. That will raise the total tariff on Indian imports to the United States to 50%, which is among the highest rates imposed by the US. The new rate will come into effect in 21 days, so on 27 August, according to the executive order. A response from India’s foreign ministry said Delhi had already made clear its stance on imports from Russia, and reiterated that the tariff is “unfair, unjustified and unreasonable”. n18oc_world n18oc_crux