Trump’s Tariff Decision
In a significant move, Former President Donald Trump has imposed a hefty 25% tariff on India for its ongoing purchases of Russian oil. This decision reflects the escalating tensions between the US and Russia while also impacting trade relations with India. The tariff aims to discourage Indian imports of Russian energy, which have surged amid the ongoing geopolitical crisis.
This development comes as China is experimenting with stablecoins and Apple plans to increase its investments in the US by an impressive $100 billion. These events highlight the dynamic shifts in global markets and the intricate web of international trade relations.
