International
US Imposes 50% Tariffs on India Over Russian Oil Imports
US tariffs of 50 per cent took effect on Wednesday on many Indian products, doubling an existing duty as President Donald Trump sought to punish New Delhi for buying Russian oil.
India has criticised the levies as “unfair, unjustified and unreasonable”, with its export body calling on Wednesday for government intervention to assuage fears of heavy job cuts.
Trump has raised pressure on India over the energy transactions, a key source of revenue for Moscow’s war in Ukraine, as part of a campaign to end the conflict.
The latest salvo strains US-India ties, giving New Delhi fresh incentive to improve relations with Beijing.
While Trump has slapped fresh duties on allies and competitors alike since returning to the presidency in January, this 50-per cent level is among the highest that US trading partners face.
Crucially, however, exemptions remain for sectors that could be hit with separate levies — such as pharmaceuticals, computer chips and smartphones.
Industries that have already been singled out, such as steel, aluminium and automobiles, are similarly spared these countrywide levies.
The United States was India’s top export destination in 2024, with shipments worth $87.3 billion.
But analysts have cautioned that a 50-per cent duty is akin to a trade embargo and is likely to harm smaller firms.
Exporters of textiles, seafood and jewellery were already reporting cancelled US orders and losses to rivals such as Bangladesh and Vietnam, raising fears of heavy job cuts.
Ajay Sahai, director general of the Federation of Indian Export Organisations, called for “liquidity support from the government”.
“We want to ensure that even if business stops, we are able to keep workers on the payroll”, he told AFP, saying they were “still optimistic” for trade negotiations.
– ‘Eroded trust’ –
The world’s fifth-largest economy is looking to cushion the blow, with Prime Minister Narendra Modi promising to lower the tax burden on citizens during an annual speech to mark India’s independence.
Modi earlier vowed self-reliance, pledging to defend his country’s interests.
The foreign ministry previously said India had begun importing oil from Russia as traditional supplies were diverted to Europe over Russia’s invasion of Ukraine.
It noted that Washington actively encouraged such imports at the time to strengthen stability in the global energy market.
Russia accounted for nearly 36 percent of India’s total crude oil imports in 2024. Buying Russian oil saved India billions of dollars on import costs, keeping domestic fuel prices relatively stable.
But the Trump administration held firm on its tariff plans in the lead-up to Wednesday’s deadline.
Trump’s trade adviser Peter Navarro told reporters last week that “India doesn’t appear to want to recognise its role in the bloodshed.”
“It’s cozying up to Xi Jinping,” Navarro added, referring to the Chinese president.
Wendy Cutler, from the Asia Society Policy Institute, said India had moved from being “a promising candidate for an early trade deal to a nation facing among the highest tariffs”
Cutler, a former US trade official, said the “high tariffs have quickly eroded trust between the two countries, which could take years to rebuild.
Trump has used tariffs as a tool for addressing everything from what Washington deems as unfair trade practices to trade imbalances.
US trade deficits were a key justification behind his higher duties on dozens of economies taking effect in early August — hitting partners from the European Union to Indonesia.
But the 79-year-old Republican has also taken aim at specific countries such as Brazil over the trial of its former president Jair Bolsonaro, who is accused of plotting a coup.
US tariffs on many Brazilian goods surged to 50 per cent this month, but with broad exemptions.
AFP
International
US tags 10 Nigerians ” worst of worst criminal aliens” for deportation
The 10 Nigerians listed in the latest update are:
The United States Department of Homeland Security has added 10 Nigerians to its “Worst of the Worst” register, a database highlighting immigrants arrested by Immigration and Customs Enforcement over alleged criminal offences.
The latest names were published on the official DHS website and include individuals linked to cases involving fraud, identity theft, drug offences, assault, conspiracy and offences involving children.
The 10 Nigerians listed in the latest update are:
Temitope Bashua — Wire fraud, identity theft and fraud — Allenwood, Pennsylvania
Ojehoro Lewis — Cruelty towards a child — Conroe, Texas.
Osemudiamen Kingsley Oziegbe — Wire fraud — Louisville, Kentucky
Daniel Oworen — Dangerous drugs — Conroe, Texas
Raymond H. Ekevwo — Wire fraud — Oxford, Wisconsin
Franklin Dikeocha — Sex offence against a child – fondling — Dallas, Texas.
Johnson Ogunlana — Fraud and identity theft — White Deer, Pennsylvania.Wire fraud, dangerous drugs, possession of a weapon and aggravated assault involving a non-family gun — Allenwood, Pennsylvania
Tunde Korede — Conspiracy — Allenwood, Pennsylvania.
Chukwuemeka Chinye — Larceny from a banking-type institution, fraud, larceny, identity theft and conspiracy — Pollock, Louisiana.
DHS said the register was established to draw attention to immigrants it describes as the “worst of worst criminal aliens” arrested by ICE.
” Every day, the patriots of ICE are working to target the worst of the worst criminal illegal aliens from our country. Just yesterday, ICE arrested murderers, pedophiles, kidnappers, and other violent criminals to make America safe again,” said Secretary of Homeland Security Markwayne Mullin.
All seven people on board a tourist helicopter were killed when the aircraft crashed in a remote area of northern Kenya on Wednesday morning, authorities confirmed.
The Eurocopter EC130 B4 was flying on a safari route from the Loisaba Conservancy to the Ewaso Nyiro area in Samburu County when it went down at approximately 9:13 a.m. local time near Mount Ololokwe. The Kenya Civil Aviation Authority said the helicopter was carrying six passengers and one pilot. Police later confirmed there were no survivors.
Five of the victims were American citizens, according to the U.S. State Department. Among those killed were José Alberto Suárez, a senior executive with Telemundo (NBCUniversal), and Michele Sensi-Contugi, director of Ecuador’s National Intelligence Center, who was travelling with his wife, Stephany Hollihan. Both she and her husband died in the crash.
The aircraft was operated by Lady Lori Helicopters and was carrying guests of the luxury safari company &Beyond. Rescue teams, including the Kenya Red Cross, faced difficult terrain and a fire at the crash site during recovery operations.
An official investigation into the cause of the accident is underway. The U.S. Embassy in Nairobi said it is providing consular assistance to the families of the American victims.
International
Trump Annex Strait of Hormuz “New US Territory”
The development follows Trump’s recent comments that he would declare the Strait of Hormuz US territory after defeating Iran.
US President Donald Trump has declared the Strait of Hormuz a “new US territory.”
Trump on Tuesday shared a map graphic on Truth Social, a social media platform he owns, labelling the Strait of Hormuz a “NEW U.S. Territory”.
The same graphic was also posted by the official White House account on X.
The image shows a blue-highlighted map of the strait between the Persian Gulf and the Gulf of Oman, with a circle around the narrow passage and the words “NEW U.S. Territory” displayed prominently.
The development follows Trump’s recent comments that he would declare the Strait of Hormuz US territory after defeating Iran.
Speaking at a political rally in New York State on Friday, Trump said,
“After we finish defeating Iran, which is being very badly defeated — pretty soon I’ll be declaring the Hormuz Strait a territory of the United States.”
Nollywood actress Atinuke Kareem dies of breast cancer
IGP Disu Launches Nigeria Police Force Vigilant App, for Tracking Crimes
Edo Influential Politician, Daniel Orbih, dies at 64 •Obaseki mourns
Tech Expert, Zuckerberg trains with UFC champions, Adesanya, Alexander
Organ Trafficking: Ekweremadu bags 10 years in UK prison
SAINT OBI: Between his marriage and his death
-
Business2 days agoNaira Exchange Rates Today, Monday August 31
-
News2 days agoJAMB introducing facial scan to catch UTME impersonators
-
Business2 days agoPZ Cussons Reports N45.2bn PAT, Proposes N2.50 Dividend
-
Politics2 days agoG100 Opposition Summit Proposes Single 4-year Term
-
Business2 days agoEmzor Pharma raises N26.7bn bond to boost local drug manufacturing
-
Business19 hours agoCommercial Banks Borrowing From CBN Drops By 89% in August
-
Entertainment2 days agoDolly Parton Buried By Husband’s Grave In Private Cemetry
-
Business1 day agoNigeria’s GDP grew 4.43% in Q2 2026, says NBS