President Donald J. Trump has signed a new Executive Order imposing a 25% tariff on goods imported from India. The move is a response to India’s continued direct or indirect purchase of Russian oil, which the administration considers a threat to U.S. national security and foreign policy objectives.
Trump Tariffs Deepen U.S.-India Trade War Over Russian Oil Links
According to the published White House statement, this new 25% tariff is in addition to prior economic measures already in effect. The new action expands upon Executive Order 14066 from 2022, which banned imports of Russian-origin crude oil and petroleum products into the United States.
The move is a confirmation of Trump’s intention to raise India’s tariffs earlier this week. The administration now targets countries whose trade continues to support Russia’s oil industry, with India being the first explicitly named.
The move is an important shift in the existing trade war between the U.S. and India. The new duty will be applicable to all Indian-origin goods entering the U.S. on or after September 17, 2025.
It excludes goods already in transit or withdrawn before that date. According to Trump, the tariff is as an “ad valorem” duty, meaning it is based on the value of the goods and adds to any existing import charges.
The Executive Order defines “Russian Federation oil” as any petroleum product extracted, refined, or exported from Russia. “Indirect importing” includes purchases routed through third countries or intermediaries when the oil can be reasonably traced back to Russia.
The Trump statement also outlines exemptions to the new tariffs. Items granted protection under other trade regulations or marked for domestic status under 19 CFR are excluded. The order grants wide implementation authority to key officials.
These include the Secretaries of State, Treasury, Commerce, and Homeland Security. U.S. Customs and Border Protection will carry out enforcement.
Trump Leaves Room for Modifications as Announcement Didn’t Affect Crypto Market
President Trump further states that he reserves the right to modify the tariff order if any affected country retaliates. This could also happen if the Russian government or countries enabling its energy exports change course in a way that resolves the national emergency outlined in the order.
The final provisions stress that the order will be implemented in line with available appropriations and federal law. The new Trump tariff announcement has drawn a reaction from the crypto market.
Bitcoin and Ethereum have noted slight gains in the last 24 hours. At the time of writing, BTC price is up 0.71% while ETH is up 0.37%, according to TradingView data.
India Slams U.S. Tariffs as Unfair and Unjustified
India has criticized the new U.S. tariffs targeting its oil trade with Russia. The Indian government said its energy imports are based on market conditions.
An official statement published by the Ministry of External Affairs (MEA) said it is unfortunate that the United States has chosen to penalize India while other nations continue similar trade practices.
The statement described the tariffs as “unfair, unjustified and unreasonable.” India reaffirmed it will take all necessary actions to defend its national interests.
A report by OKX ranks India second in the world in terms of Bitcoin ownership. This has led analysts to believe that India is developing an alternative path to protect its national interests. Hence, it won’t feel the effects of the new tariffs imposed by the U.S. on its goods.
Paul
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others.
He holds a degree in Geophysics from OAU, Nigeria. When he’s not writing, he loves watching soccer and reading educative journals.
He can be reached via [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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