Daily Current Affairs / Trump Doubles Down on Indian Imports, Raises Tariffs to 50% Over Oil Trade with Russia:
Category : Business and economics Published on: August 08 2025
On August 6, 2025, U.S. President Donald Trump signed an executive order imposing an additional 25% tariff on Indian imports, citing India’s continued oil trade with Russia. This follows an earlier 25% tariff order issued on July 31. The first tariff takes effect from August 7, while the additional tariff will come into force 21 days later, effectively doubling duties on Indian goods entering the U.S.
RuPay partnered with BookMyShow to offer cardholders exclusive access and benefits at major entertainment events.
Read More....Shayok village in Ladakh is developing the UT’s first botanical garden on 10 hectares of barren land.
Read More....Annu Rani won gold in javelin throw at the Wiesław Maniak Memorial in Poland with a 62.59m throw.
Read More....Bimaplan appointed Anurag Mishra as CEO to lead its global insurance expansion strategy.
Read More....Trump imposed an additional 25% tariff on Indian imports, raising total tariffs to 50% due to India’s oil trade with Russia.
Read More....The Archery Association of India announced the first franchise-based Archery League to be held in October 2025.
Read More....OpenAI launched gpt-oss models that can run locally on devices with only 16GB RAM.
Read More....Study of dinosaur teeth revealed Earth’s climate was much hotter 150 million years ago.
Read More....Punjab became the first Indian state to empanel sign language experts under the Juvenile Justice Act.
Read More....Moldova joined the International Solar Alliance as its 107th member country.
Read More....
