New Delhi, Aug. 6 -- US President Donald Trump has slapped an additional 25% tariff on Indian imports, bringing the total levy to 50%-the highest among America's major trading partners. The White House cited India's continued import of oil from the Russian Federation as the primary reason behind the move.

The new tariff was formalised via an executive order on Wednesday and will take effect 21 days from now, unless revoked or amended. With this latest increase, India now shares the top spot with Brazil, which is also facing a combined 50% tariff under Trump's adjusted trade regime.

While India's elevated tariffs are linked to its Russian energy trade, Brazil's rise to the top of the US tariff table is tied to political developments back...