Russian oil costs India great

The Indian setting is 50% 50% after the White House announced an additional 25% of the South Asian country on Wednesday for Russian oil purchases. This is now among the highest duties in any US trading partners.

Newdiel quickly replied In a statement on WednesdayDescribing the US decision on raising tariffs as “unfair, unjustified and unjustified” and that the country’s imports are based on market factors and ensuring energy security for its population.

Earlier on Monday, the Indian Ministry of Foreign Affairs named what, he said, is a selective performance In the statementAdding that “shows that the states criticized by India themselves indulge trade with Russia.” It contains data that showed that the EU trade was “much more” than the total trading trade of India with Russia.

And it seems that India is not the only country on the radar of US President Donald Trump when he seeks to punish countries that buy oil in Russia.

His last executive order also directs his administration to “determine whether a different country is oil or indirectly importing the oil of the Russian Federation,” and actions, if any, which should be taken into this country.

. Nur hikmah md ali
– Erin Dagerti CNBC contributed to this story.

We are imposed on 50% of the tariff for India for buying Russian oil. – Trump has announced Executive order Wednesday that new 25% of responsibilities will be Came into force in 21 daysWhile previously announced 25% rate will be started on Thursday.

Semiconductor tariffs per 100%. If companies cannot produce in the US, Trump said Wednesday that he will impose a tariff rate on the import of semiconductors and chips into the country.

US shares make profits from Apple investment. Markets got on Wednesday Once Apple’s shares rose 5% to increase investment in US production. A European Stoxx 600 was equalWhile the Swiss market index fell 0.9%when Swiss officials met with their colleagues to continue the tariff talks.

Apple makes $ 100 billion in US extensions. Apple CEO Tim Cook and President Donald Trump submitted production production on Wednesday. This is above $ 500 billion, which the iPhone manufacturer has announced in February, and in the next four years brings its total investment to the US to $ 600 billion.

(PRO) shares chips are going through a rough trip this season of profit. Texas Instruments. On a semiconductor. Qualcommand Arm Published profits but they were met with steep sales as investors require more than solid execution.

Why India is in Trump crossed circles if raw is not even sanctioned

Once India was offered to buy Russian raw materials. According to KPLER, this is one of the largest buyers of Russian oil, which shows total exports of Russian raw materials, is about 3.35 million barrels per day, of which India is about 1.7 million.

Sarah Wahshura, founder and president of the SVB Energy International, said CNBC that great duties announced by Trump are a “talks’ tactic aimed at” restoring the lost oil market in India and reducing oil exports from 2022 and providing equivalent exports of another goods to India. “

. Emma Graham