Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Why We Didn’t Attend ACF’s 25th Anniversary Ceremony – Northern Governors
    • Federal Government Meets ASUU Monday To Avert Strike
    • Yobe Orders Closure Of Boarding Schools Over Rising Insecurity
    • Popular TikToker Arraigned For Faking Own Kidnap To Attract Follower
    • Jigawa NUJ Sets Up Seven-Member Panel To Begin Nationwide Membership Revalidation
    • The One-Wing Flight – By Funke Egbemode
    • Issues As Johannesburg Hosts Africa’s Maiden G20 Summit – By Hammeed M. Bello, PhD
    • Super Eagles Must ‘Grow Up, Stay Consistent’, Okocha Warns Ahead Of AFCON 2025
    Facebook X (Twitter) Instagram
    NEWS POINT NIGERIANEWS POINT NIGERIA
    UBA 720X90
    • HOME
    • NEWS

      Why We Didn’t Attend ACF’s 25th Anniversary Ceremony – Northern Governors

      November 23, 2025

      Federal Government Meets ASUU Monday To Avert Strike

      November 23, 2025

      Yobe Orders Closure Of Boarding Schools Over Rising Insecurity

      November 23, 2025

      Popular TikToker Arraigned For Faking Own Kidnap To Attract Follower

      November 23, 2025

      Jigawa NUJ Sets Up Seven-Member Panel To Begin Nationwide Membership Revalidation

      November 23, 2025
    • COLUMN

      The One-Wing Flight – By Funke Egbemode

      November 23, 2025

      A Father, A Son, And 54 Years Of Nigerian Football Failure – By Jonathan Nda-Isaiah

      November 22, 2025

      Editors And The Missing Part Of Uzodimma’s Trust Story – By Azu Ishiekwene

      November 20, 2025

      America And The Parable Of A Now-Disgraced Country (2) – By Dr Hassan Gimba

      November 17, 2025

      Cynicism And The ‘Impregnable Wall’: Can Nigerians Rescue 2027? – By Dr Dakuku Peterside

      November 17, 2025
    • EDUCATION

      FG Names Prof. Adamu Acting Vice-Chancellor To Steer UniAbuja For Three Months

      August 9, 2025

      13 Countries Offering Free Or Low-Cost PhD Programmes For Non-Citizens

      January 25, 2025

      NECO: Abia, Imo Top Performing States In Two Years, Katsina, Zamfara Come Last

      October 3, 2024

      NBTE Accredits 17 Programmes At Federal Polytechnic Kabo

      August 20, 2024

      15 Most Expensive Universities In Nigeria

      May 19, 2024
    • INTERNATIONAL

      Israeli Forces Kill 24 Palestinians In Gaza, Hamas Urges US To Intervene

      November 23, 2025

      Ukraine, US To Hold Talks In Switzerland On Trump’s Plan To End War

      November 23, 2025

      At Least 67 Palestinian Children Killed In Gaza Since ‘Ceasefire’ Began – UN

      November 22, 2025

      Fugees Rapper, Pras Sentenced To 14 Years In Prison Over Illegal Obama Donations

      November 22, 2025

      Abuse In Israeli Jails Caused Deaths Of More Than 90 Palestinians

      November 20, 2025
    • JUDICIARY

      FULL LIST: Judicial Council Recommends Appointment Of 11 Supreme Court Justices

      December 6, 2023

      Supreme Court: Judicial Council Screens 22 Nominees, Candidates Face DSS, Others

      November 29, 2023

      FULL LIST: Judicial Commission Nominates 22 Justices For Elevation To Supreme Court

      November 16, 2023

      Seven Key Issues Resolved By Seven Supreme Court Judges

      October 26, 2023

      FULL LIST: CJN To Swear In Falana’s Wife, 57 Others As SANs November 27

      October 12, 2023
    • POLITICS

      What Peter Obi May Lose If He Joins Coalition As VP Candidate

      May 25, 2025

      Atiku Moves To Unseat Wike’s Damagum As PDP Chairman, Backs Suswam As Replacement

      April 15, 2024

      Edo’s Senator Matthew Uroghide, Others Defect To APC

      April 13, 2024

      Finally, Wike Opens Up On Rift With Peter Odili

      April 2, 2024

      El-Rufa’i’s Debt Burden: APC Suspends Women Leader For Criticising Kaduna Gov

      March 31, 2024
    • SPORTS

      Super Eagles Must ‘Grow Up, Stay Consistent’, Okocha Warns Ahead Of AFCON 2025

      November 23, 2025

      Newcastle Dent Wasteful Manchester City’s Title Hopes

      November 23, 2025

      Ghana Star, Asamoah Gyan Picks Nigeria As Top Favourite For AFCON 2025 Glory

      November 22, 2025

      Manchester United Forward Sesko Out ‘For A Few Weeks’

      November 22, 2025

      Riyadh 2025: Team Nigeria Wins Gold In Wrestling, Athletics

      November 20, 2025
    • MORE
      • AFRICA
      • ANALYSIS
      • BUSINESS
      • ENTERTAINMENT
      • FEATURED
      • LENS SPEAK
      • INFO – TECH
      • INTERVIEW
      • NIGERIA DECIDES
      • OPINION
      • Personality Profile
      • Picture of the month
      • Science
      • Special Project
      • Videos
      • Weekend Sports
    NEWS POINT NIGERIANEWS POINT NIGERIA
    UBA 720X90
    Home - Trump Slaps 50 Percent Tariff On Indian Goods Over Imports Of Russian Oil

    Trump Slaps 50 Percent Tariff On Indian Goods Over Imports Of Russian Oil

    By EditorAugust 7, 2025
    Trump Mohdi 2

    UNITED States President Donald Trump has issued an executive order imposing an additional 25 percent tariff on goods from India, as penalty for importing Russian oil.

    BORNO PATRIOTS

    Wednesday’s hike comes in addition to the 25 percent tariff India already faces, making it subject to one of the US’s highest import tax brackets under Trump, at a total of 50 percent.

    In his executive order, Trump explained that Russia’s continued military actions in Ukraine constituted a “national emergency” and it was therefore “necessary and appropriate” to place heightened tariffs on India, a major consumer of its petroleum products.

    UBA

    “I find that the Government of India is currently directly or indirectly importing Russian Federation oil,” Trump wrote.

    “The actions and policies of the Government of the Russian Federation continue to pose an unusual and extraordinary threat to the national security and foreign policy of the United States.”

    The tariff increase is slated to come into effect 21 days after the announcement, leaving a window open for India and the US to negotiate a lower rate.

    But the move threatens to further complicate US-Indian relations. Brazil is the only other country to face a 50 percent overall tariff rate.

    Happy Birthday

    India’s Ministry of External Affairs quickly responded to Trump’s executive order with a statement, decrying the tariffs as “unfair, unjustified and unreasonable”.

    It questioned why India was being punished with additional tariffs while other importers of Russian oil were not.

    Nigerian TAX Reform - Federal Goverment

    “We have already made clear our position on these issues, including the fact that our imports are based on market factors and done with the overall objective of ensuring the energy security of 1.4 billion people of India,” the government statement said.

    “It is therefore extremely unfortunate that the US should choose to impose additional tariffs on India for actions that several other countries are also taking in their own national interest.”

    India and the US had engaged in five rounds of trade talks in the lead-up to Wednesday’s announcement. In April, US Vice President JD Vance even travelled to New Delhi to help helm the negotiations.

    National Orientation Agency Page UP
    National Orientation Agency - Down
    Rano Capital

    Mohdi Tariff Trump
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email

    Related Posts

    Israeli Forces Kill 24 Palestinians In Gaza, Hamas Urges US To Intervene

    November 23, 2025

    Ukraine, US To Hold Talks In Switzerland On Trump’s Plan To End War

    November 23, 2025

    Trump Slams Nigeria Again, Calls Country A ‘Disgrace’ In New Radio Broadcast

    November 22, 2025

    At Least 67 Palestinian Children Killed In Gaza Since ‘Ceasefire’ Began – UN

    November 22, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Latest Posts

    Why We Didn’t Attend ACF’s 25th Anniversary Ceremony – Northern Governors

    November 23, 2025

    Federal Government Meets ASUU Monday To Avert Strike

    November 23, 2025

    Yobe Orders Closure Of Boarding Schools Over Rising Insecurity

    November 23, 2025

    Popular TikToker Arraigned For Faking Own Kidnap To Attract Follower

    November 23, 2025

    Jigawa NUJ Sets Up Seven-Member Panel To Begin Nationwide Membership Revalidation

    November 23, 2025
    Advertisement
    WIDGET ADS
    News Point NG
    © 2025 NEWS POINT NIGERIA Developed by ENGRMKS & CO.
    • Home
    • About us
    • Disclaimer
    • Our Advert Rates
    • Privacy Policy
    • Terms of Use

    Type above and press Enter to search. Press Esc to cancel.

    Join Us On WhatsApp