Trump: record tariffs and chip restrictions, clash with India and Brazil

Washington hits New Delhi over Russian oil and threatens new sanctions. Apple announces a massive $100 billion investment

“There are still eight hours to go before the new tariff agreements: you will see much more, secondary sanctions are coming.” Thus, US President Donald Trump, during a press conference at the White House, anticipated new trade measures. These include the announcement of a 50% tariff against India and the intention to apply a 100% tariff on chips and semiconductors produced abroad.

Apple invests $100 billion in the US: “The largest in history”

The announcement was made during a conference with Apple CEO Tim Cook, in which the multinational unveiled a massive $100 billion investment in the United States. “It’s the largest investment Apple has ever made in America and in the world,” Trump said, emphasizing, “Companies like Apple are coming home. A year ago, we were a dead country, today we are the ‘hottest’ in the world economically.”

Tariffs on India for Russian oil: diplomatic clash

Trump signed an executive order imposing an additional 25% tariff on imports from India, accusing New Delhi of continuing to buy Russian oil despite sanctions. The document states that “the policies of the Russian Federation pose an extraordinary threat to US national security” and justifies the measure as a response to the indirect violation of the sanctions regime.

India’s reaction has been harsh. In a statement, the Foreign Ministry condemned the tariffs as “unfair, unjustified, and unreasonable,” stressing that “Indian imports are based on market factors and aim to ensure the energy security of 1.4 billion people.”

Brazil takes Trump to the WTO over punitive tariffs

Brazil has also entered into a collision course with Washington. Two Brazilian government sources told AFP that the government of Luiz Inácio Lula da Silva has filed a formal complaint with the World Trade Organization (WTO) against the tariffs imposed by the United States.

This is Brazil’s first formal action since the entry into force of 50% tariffs on numerous Brazilian products affected by the new American protectionist measures.

Trade escalation: new global scenarios

Trump’s new tariff package opens a phase of strong tensions in international trade. While the United States consolidates its domestic industrial policy with strategic alliances such as the one with Apple, friction with emerging economies and the risk of multilateral retaliation in international forums such as the WTO are increasing.

The next moves by New Delhi and Brasilia will be decisive in determining whether the clash will turn into a new trade war.

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(Photo: © AndKronos)