India fined for the purchase of Russian oil by Trump and may not be done

The White House on Wednesday faced 50% of India’s rate after an additional 25% of Russian oil procurement in South Asian country. This is now one of the highest duties on any US trade partners.

New Delhi quickly responded In a statement on WednesdayDescribing the decision to raise fees as “unjust, justified and unrealistic” of the United States and the country’s import is based on market factors and is to ensure energy security for the population.

Earlier on Monday, India’s Foreign Ministry said the implementation of the selected implementation In a statement“It is saying” “Even the nation, which criticizes India, is trade with Russia itself. The statistics indicating that the EU’s trade is “significantly higher” than India’s overall trade with Russia.

And it seems that India is not the only country on the radar of US President Donald Trump because they have decided to punish the countries of the countries buying oil from Russia.

Their latest executive order also directs their administration to determine whether any other country is importing or indirectly importing the Russian Federation oil and if they need action on that country.

– Noor Hikmah Md Ali
– CNBC’s Erin Doharti contributed to this story.

The United States raises a 50% rate on India on the purchase of Russian oil. Was announced by Trump Executive order Wednesday that the new 25% of the duties will do Come into execution in 21 days25% of the previous announcement will start every Thursday.

100%of the semiconductor rate. As long as companies cannot produce in the United States, Trump said on Wednesday It will raise rates on the import of semiconductor and chips in the country.

Apple’s US storage increases on Palla investment. Got the market on Wednesday Apple Pal’s shares after 5% on its increased American production investment. Asia markets grew mainly on Thursday, Japan’s topics raised a new record. Mixed stock trade related to Asian Chip.

APPLE PUL Pal Billion offers $ 100 billion for US expansion. Apple Palla Chief Executive Officer Tim Cook and President Donald Trump Unveiled Manufacturing Boost on Wednesday?? The iPhone manufacturer is above $ 500 billion announced in February, and in the next four years, the US investment in the next four years brings Billion to $ 2 billion.

(Pro) Chip Stock is passing through the Ruff Ride during the emergency season. Texas Instruments, On the semiconductor, QualcomAnd Hand Post earnings beets but met with steep cells as an investor Demand more than concrete implementation??

India’s Merchandise Export Engine of $ 434 billion: What is the danger to 50% after the doubles of Trump Double

India is considered as its largest export partner to the United States. According to the latest official data, the export of its total goods was about $ 434 billion and about 20%or about 20%or about $ 20%or $ 86.51 billion.

According to Goldman Sax estimates, a potential% of the potential% of Indian products can keep a total of 8..6 percent of the total dots on its total domestic product.

The remarkable variations in the industries and the slight clarity about the schemes made by Trump with the sector-specific rates, list these sections that are probably the most lost.

– Annic Bao