Former President Donald Trump announced plans to raise tariffs on India for reselling Russian oil amid the Ukraine conflict. Specific tariff categories and timeline were not provided. Companies like Tata Motors, Infosys, and Reliance Industries could be impacted. Trump accused India of profiting from Russian oil while ignoring Ukraine. The statement was made on social media and is not yet formal policy. The situation is developing, and more details may emerge. Matthew Kerr, a data analyst at Quiver Quantitative, focuses on single-stock research and government datasets, bringing valuable insights to the team.

Read more at Quiver Quantitative: Trump Vows Higher Tariffs on India Over Russian Oil Resale