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Donald Trump talks to the US press with India Prime Minister in Washington, DC White House Office, 13 February 2025.
Jim Watson | AFP | Getty Images
India should face 50% feet by the White House announced 25% of the South Asian country on Wednesday, shopping for Russian oil. This is among the highest duties in US negotiation partners.
New Delhi responded quickly On a statement on a WednesdayUS rates describing the decision to be unfair, unfair and unreasonable “and the imports of the country based on market factors and ensuring energy safety for its population.
Earlier on Monday, the Ministry of India was called the Ministry of India what it says is to detect In a statementadding “reveals that the nations criticized by India believe they believe in trade with Russia.” The data showed the EU trade was “more noticeable” than the total trade made with Russia.
And it seems that India is not the only country of the US President Donald Trumpen to punish countries that buy oil from Russia.
His latest orders also directs its administration “to determine whether or not any other country imports the oil of the Russian Federation, and actions should be taken in that country.
– Nur Hikmah Md Ali
– CNBC Erin Doherty helped this story.
What you need to know today
The US imposes 50% fare in Russian oil purchases. Trump announced Application executive That there will be 25% obligations on Wednesday enter into force in 21 daysBefore the 25% rate announced on Thursday.
100% semiconductors. Unless companies are manufactured in the US, Trump said on Wednesday That rate rate would establish importations and chips for semiconductor countries.
We earn US stocks on Apple’s investment. Markets won Wednesday Apple’s shares increased by 5% after increasing US manufacturing investment. A The European StoxX was 600 flatThe Swiss market index fell by 0.9% when Swiss officials met their members to continue fare negotiations.
Apple engages 100 billion dollars with US expansion. Apple CEO Tim Cook and President Donald Trump The manufacturing push has announced Wednesday. That’s what iPhone Maker announced on February on $ 500 million, and our total investment brings $ 600 million in the next four years.
(Pro) Chip shares have gone through a rough profit season. Texas instruments, Semiconductor, Quitcommand Arm Earned earnings were exceeded, but investors were rugged to sell Request more than a strong execution.
And finally …
The technicians are next to a petroleum portroin for Megha engineering and infrastriation (Meil), in a plant of oil and natural gas Corp., in the Western State, Western State, August 26, 2021.
Amit dave | Reuters
Why India is not punished in Trump Cross-Cross
India once encouraged the United States encouraged to buy raw Russians. It is one of the largest buyers of Russian oil, according to KPler data, with about 3.35 million barrels of raw Russian exports, India lasts about 1.7 million.
Sara Vakhshouri, the founders of the SVB Energy International and the President “trading tactics” told him “to claim the US oil market share since 2022,” and ensuring the equivalent export of other products. “
– Emma Graham
