US President Donald Trump has officially imposed a total 50% tariff on all goods from India. This comes after an earlier 25% tariff was slapped last week as “punishment” for India’s continued oil imports from Russia. Trump has now doubled down, issuing an executive order confirming the full 50% duty. The move further strains India-US trade relations and raises serious geopolitical concerns. Meanwhile, Pakistan gets a tariff cut and a new oil development deal. Is this the beginning of a full-blown trade war?