Donald Trump just announced a fresh 40% tariff on any product the U.S. decides has been rerouted through another country, but gave absolutely no explanation on how that determination will actually work.

U.S. trade partners around the world were reacting on Friday to President Donald Trump 's executive order that would introduce new tariffs on many of them in seven days, as the global economy and alliances face a fresh test from the president's trade agenda.

President Trump said India would pay the price for buying Russian oil and military equipment. Here is a look at how India, with one of Asia's largest economies, is responding.