The Washington administration is imposing additional tariffs in the amount of 25% on India in connection with its purchase of Russian oil, with similar measures to be possibly taken against other countries as well. A respective executive order has been signed by US President Donald Trump, it has been published on the website of the White House.
The US leader determined "that it is necessary and appropriate to impose an additional ad valorem duty on imports of articles of India, which is directly or indirectly importing Russian Federation oil," the document reads. "As consistent with applicable law, articles of India imported into the customs territory of the United States shall be subject to an additional ad valorem rate of duty of 25%," according to the document. Similar tariffs may be imposed on other countries importing oil from Russia as well, the order said.
