| Key Aspect | Details |
|---|---|
| Event | US doubles tariffs on Indian imports to 50% via executive order. |
| Effective Date | 21 days from signing (exemptions for goods shipped before deadline). |
| Additional Duty | 25% added to existing 25% tariff, totaling 50%. |
| Scope | Applies to all goods imported from India into the US. |
| Reason Cited | India's imports of Russian oil, undermining US sanctions on Russia. |
| US Reference Orders | Executive Orders 14024 and 14066 (targeting Russia over Ukraine). |
| India's Response | Called the move "unfair, unjustified, and unreasonable" (MEA statement). |
| Trade Volume (2024) | Bilateral goods trade between India and US exceeds $190 billion. |
| Affected Sectors | Textiles, engineering goods, pharmaceuticals, IT hardware. |
| Geopolitical Context | US aims to restrict Russia's oil revenue; India defends energy imports. |
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