MUMBAI, India — Tariffs on many Indian-origin goods entering the United States have now been doubled to 50%. While India has long been seen by the U.S. as a bulwark against China, Indian goods now face some of the highest import taxes of products made anywhere in the world.
The Trump administration asserts that the additional tariff is punishment for India's alleged funding and profiting off the Ukraine war by becoming a leading buyer of Russian crude oil at a discount and selling oil products the world over.
In a recent interview on Bloomberg Television , White House trade adviser Peter Navarro doubled down on the accusation that Indian Prime Minister Narendra Modi was financing the Kremlin's "war machine," even calling the Russia-Ukraine conflict "Modi's war."
But while a majori