Rush Hour: US’ 50% tariffs to begin tomorrow, ED searches AAP leader Saurabh Bharadwaj’s home & more

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The United States has stated in a draft notification that it will impose a 50% tariff on goods imported from India starting Wednesday. The tariff hikes could hurt close to 55% of India’s merchandise exports to the US worth $87 billion.

Diplomatic tensions between New Delhi and Washington have escalated after the Donald Trump administration announced on August 6 that it would double the tariffs on goods imported from India to 50% for purchasing Russian oil amid the Ukraine war. A 25% so-called reciprocal tariff is already in effect.

Trump has repeatedly alleged that India’s imports were providing the funds that fuel Russia’s war in Ukraine. Prime Minister Narendra Modi on Monday said that his government would not succumb to Washington’s pressure. Read on.

The Enforcement Directorate searched former Delhi minister Saurabh Bharadwaj’s residence in connection with a money-laundering case linked to alleged irregularities in the construction of 24 hospitals sanctioned by the Aam Aadmi Party government.

The case stems from a complaint filed by Bharatiya Janata Party MLA Vijender Gupta in August 2024. Gupta had alleged that Bharadwaj and Jain were involved in systematically...

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