<h1>US Imposes Additional 25% Tariff on Indian Goods over Russian Oil Purchases, Hitting Key Export Sectors</h1> The US government imposed an additional 25 percent tariff on Indian goods, increasing the total tariff to 50 percent, as a penalty for India's continued purchase of Russian oil. This action is expected to significantly impact Indian exporters, particularly in textiles, marine, and leather sectors, disrupt supply chains, deter foreign direct investment, and result in job losses. An Indian political leader criticized the US decision as economic bullying and questioned the Indian government's response, highlighting concerns over the country's strategic autonomy and economic consequences for small and medium enterprises and manufacturers. The tariffs took effect on August 7, following an executive order addressing perceived threats from the Russian government.