Trump has slapped higher tariffs despite India buying more oil, gas from US
New Delhi, Aug 15 (IANS) While US President Donald Trump has slapped a 50 per cent tariff on Indian exports, he appears to have quite overlooked the fact that India has also sharply increased its purchases of oil and gas from America. This, in turn, has led to a reduction in India’s trade surplus with the US, which is a major aim of the Trump administration’s trade policy.