New Delhi, Aug. 6 -- US President Donald Trump has issued a fresh executive order slapping an additional 25% tariff on imports from India, citing the country's alleged direct and indirect import of oil from the Russian Federation. This brings the combined tariffs imposed by the United States on its ally to 50%.

The US executive order claims India's energy trade undermines US foreign policy and national security interests.

The tariffs would go into effect 21 days after the signing of the order, meaning that both India and Russia might have time to negotiate with the administration on the import taxes.

Read the complete US Executive Order on India here.

According to the executive order, the White House has determined that the Indian gov...