US Double Tariffs on Indian Goods Over Russian Oil Ties

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 16 2025

US Tariffs on Indian Goods: The US has imposed a 50% tariff on Indian goods in response to India's purchase of Russian oil, escalating trade tensions and affecting sectors like textiles and marine products. India has condemned these tariffs as unfair and unjustified.
Market Volatility and Cryptocurrency Impact: The ongoing trade disputes are causing global market volatility, with analysts noting that cryptocurrencies like Bitcoin may serve as safe havens for investors amid uncertain economic conditions.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

US Double Tariffs on Indian Goods Over Russian Oil Ties

About the author

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