Trump to Announce New Tariff Hike on India in 24 Hours

U.S. President Donald Trump has once again decided to increase tariffs on India.

U.S. President Donald Trump said in an interview that India has not been a good trade partner because they do a lot of business with us, but we do not do business with them.

He said that is why they had decided to impose a 25 percent tariff, but he is going to increase it significantly within the next 24 hours because India is buying Russian oil.

He stated that India is fueling war machinery, and if they continue to do so, he will not be happy.

Donald Trump further said that the biggest obstacle with India is that its tariffs are very high.

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