"President #Trump is not only working to stop a transition away from #fossil fuels in the U.S., he is pressuring other countries to relax their pledges to fight #climatechange and instead burn more #oil, #gas and #coal [by] applying #tariffs, #levies and other mechanisms [...] His animus is particularly focused on the #wind #industry , which is a well-established and growing source of #electricity in several #European countries as well as in #China and #Brazil ."

https://www.nytimes.com/2025/08/27/climate/trump-international-pressure-climate-oil.html

The 50% rate, half of which is punishment for #India buying #oil from #Russia, is expected to damage many Indian exporters that collectively employ millions of people. The move could rupture America’s expanding economic relationship with India, where ⅔ of the largest #US #corporations have #offshore operations. The tariff also undermines the stability of billions of dollars of foreign investment in India’s #StockMarket, the world’s 4th largest.

#Trump #economy #tariffs #inflation #recession

Full Weight of #US#Tariffs Slams Into Effect Against #India

As punishment for buying #oil from #Russia, #Trump is doubling the tax on goods imported from India, jeopardizing a relationship decades in the making.

Trump on Wednesday followed through on his threat to impose a 50% tariff on nearly all goods arriving from India, leveling one of his most punitive tariffs at a country with deep ties to the #UnitedStates.

#economy #inflation #recession
https://www.nytimes.com/2025/08/27/business/india-tariffs-trump-russia-oil.html?smid=nytcore-ios-share&referringSource=articleShare

Full Weight of #US#Tariffs Slams Into Effect Against #India

As punishment for buying #oil from #Russia, #Trump is doubling the tax on goods imported from India, jeopardizing a relationship decades in the making.

Trump on Wednesday followed through on his threat to impose a 50% tariff on nearly all goods arriving from India, leveling one of his most punitive tariffs at a country with deep ties to the #UnitedStates.

#economy #inflation #recession
https://www.nytimes.com/2025/08/27/business/india-tariffs-trump-russia-oil.html?smid=nytcore-ios-share&referringSource=articleShare

Big Oil = Big Trouble!

Exxon held secret talks with Russia’s largest state energy company about resuming business in the country

Obviously, the sight of spilled Ukrainian blood is not a problem for #BigOil
#AureFreePress #News #press #headline #Ukraine #Russia #Putin #EU #NATO#Zelensky#war #Breaking #BreakingNews#EXXON#Oil