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TAriff intelligence unrecorded updates: The additional 25% tariffs on amerind imports, imposed by US chair Donald ruff, came into effect today, taking the total tariff on India to reach 50%.Why were additional tariffs announced: The additional tariffs announced earlier this month by Donald Trump came as a penalty on India for buying oil from Russia. Trump said it was necessary to pressure Russian President Vladimir Putin into peace talks with Ukraine.What was India's reaction: Reacting to the announcement, the Ministry of External Affairs had called the additional tariffs "unfair, unjustified and unreasonable."When will the tariff come into effect: The US Department of Homeland Security (DHS) on Tuesday issued a formal notice stating that the additional tariff will come into effect at 12.01 am Eastern Daylight Time on August 27 (9.31 am as per Indian Standard Time). Issued by DHS Secretary Kristi Noem, the notification confirmed that the tariff will apply to all Indian-origin goods entering the US for consumption, with limited exemptions for in-transit shipments that arrive by September 17 with proper certification.What PM Modi said ahead of the tariff imposition: PM Narendra Modi on Monday said that the government won’t compromise with the interests of farmers and small businessmen. Speaking during a gathering in Ahmedabad, the PM said that the interests of farmers, cattle rearers and small-scale industries are paramount. “The pressure on us may increase, but we will bear it all,” he said further.India-US intersessional dialogue: Virtual dialogues took place between New Delhi Senior Indian and US officials to discuss cooperation in key areas such as trade and investment and energy security, ahead of the tariff deadline this week.US, Russia's energy deal 'talks': US and Russian officials are reportedly in talks for several energy deals as incentives to encourage Moscow to agree to peace negotiations in Ukraine. The US and Russian officials are considering re-entering Exxon Mobil into Russia’s Sakhalin-1 oil and gas project, news agency Reuters reported, citing unnamed sources.

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Tariff news LIVE: Treasury Secy expresses confidence in India-US ties, says 'will come together at the end of day'

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