Lunes 11 de agosto del 2025

President Trump this week outlined plans to raise tariffs on goods from India to 50% (in addition to most-favored nation rates) in response to the country’s continued importation of Russian oil. U.S. imports from India, which were subjected to a 25% “reciprocal” tariff rate on August 7, will face an additional “secondary tariff” of 25% effective August 27 under yet another executive order—entitled “Addressing Threats to The United States by the Government of the Russian Federation”—issued this week.

U.S. Chamber Senior Vice President for South Asia and President of the U.S.-India Business Council Atul Keshap was quoted in The New York Times on August 6 and issued a statement cited elsewhere as well:

«The partnership the United States and India have forged in recent years has brought significant mutual benefits, and our elected leaders should be proud of all they’ve accomplished. The business community sees our shared strategic interests and complementary economies as powerful arguments to continue on this path. It’s time to redouble our efforts, not pull apart. Business stands ready to help.”

In addition, the Trump administration could soon impose secondary sanctions on countries purchasing Russian oil as soon as August 8.

Meanwhile, the largest purchaser of Russian oil exports is China, and President Trump on August 6 suggested it was possible the so-called “secondary tariffs” could also be extended to China. He said: “I can’t tell you yet. But I can tell you we did it with India… and probably with a couple of others. One of them could be China. Talks are pretty much getting close… we’re having very serious talks right now.”