Trump Slaps India With 50% Tariffs, Upending Ties With Modi
A container ship in Mundra, Gujarat, India.
Photographer: Sumit Dayal/BloombergSupply Lines is a daily newsletter that tracks global trade. Sign up here.
President Donald Trump imposed a crushing 50% tariff on Indian goods to punish the country for buying Russian oil, upending a decades-long push by Washington to forge closer ties with New Delhi.