President Donald Trump on Wednesday announced sweeping and substantial tariffs on India, one of America’s most important trading partners. In addition to a 25% tariff that is set to go into effect Thursday,

Tariffs on Indian exports to the United States will surge to 50 percent by late August, as part of an effort by President Trump to pressure Russia into resolving its war in Ukraine.

President Trump on Wednesday announced he would increase tariffs on India by 25 percent over its purchases of Russian oil, bringing the total tariffs he has imposed on New Delhi to 50 percent. Trump signed an executive order making the tariff increase official,