In a significant escalation, US President Donald Trump has ordered an additional 25% tariff on Indian imports, raising the total tariff to 50%, effective August 27. This move is in response to India's continued purchases of Russian oil, which the US claims undermines efforts to counter Russia's actions in Ukraine.

• The new 50% tariff is among the highest imposed by the US.
• India's Foreign Ministry called the tariff "unfair, unjustified, and unreasonable," stating Delhi will protect its national interests.
• The tariffs could severely impact key Indian exports like textiles, gems and jewellery, auto parts, and seafood, potentially cutting US-bound exports by 40–50%.