Trump threatens 50% tariffs on relations with Russia and BRICS | Trump tariffs

The White House is increasing tariffs on imports by 25% Indiabring the total tariff Up to 50% retaliate against the country to buy Russia Oil, according to Executive Order Signed Wednesday morning.

India has 21 days to deal with potential tariffs before they come into effect. Tariffs to sign 25% tariffs in India Donald Trump The trade relations with Russia will be “punished” last week.

Last week, the president wrote on social media India “I always bought most military equipment from Russia and was Russia’s largest energy buyer.”

“I don’t care about India’s actions towards Russia. They can bring together dead economies,” he wrote.

Trump said on Tuesday that he would announce new tariffs unlimitedly, telling CNBC The country is “coming back” to Ukraine.

exist StatementIndia’s Foreign Ministry said, “It’s unreasonable to pick out the country.”

“This shows that countries that criticize India are themselves addicted to trade with Russia,” the ministry said in a statement.

Trump also criticized India for BRICS countries Among some U.S. trading partners and competitors, some trading groups including Brazil, Russia, China and India. Trump calls the group “anti-American”.

In 2024, India’s imports are estimated to be worth US$12.9 billion (£97 billion).

Now, India and Brazil face the highest tariff rates, which also have 50% tariffs on the arrest of former Brazilian President Jair Bolsonaro. one slate Trump’s “countdown” tariffs will come into effect on Friday, including a 50% tariff on Brazil, a 35% tariff on Canada and a 25% tariff on Mexico.

In recent weeks, Trump has set his sights on ending Russia’s war against Ukraine, who has said he will end his first 24 hours of his tenure through U.S. intervention. Trump’s deadline for Russia to reach a peace agreement with Ukraine this Friday is 10 days. US Envoy Steve Vitokoff visit Moscow held talks with the Kremlin on Wednesday, although neither side made a statement about the three-hour visit.

When Trump was asked Sunday what would happen to Trump if Russia didn’t end the war before Friday’s deadline explain: “Well, there will be sanctions, but they seem to be very good at avoiding sanctions.”