Trump Threatens Higher US Tariffs on India Over Russian Oil Purchases
TL;DR Summary
President Donald Trump announced plans to significantly increase tariffs on Indian exports to the US due to India's purchases of Russian oil, amid ongoing tensions over Russia's invasion of Ukraine and US efforts to impose sanctions. India defends its energy imports as necessary for affordable energy, while the US aims to pressure Russia financially and curb its war efforts. The situation has strained US-India relations, with negotiations ongoing over trade and tariffs.
- Trump Says US to Hike India’s Tariffs Over Russian Oil Buys Bloomberg
- Trump Live Updates: President Says He'll Raise India Tariffs Over Russian Oil The New York Times
- 'Unjustified and unreasonable': India calls out US, EU over oil trade with Russia; pans double standards Times of India
- Trump’s demand that India stop buying Russian oil puts Modi in tight spot The Guardian
- Trump threatens higher India tariffs, accuses nation of funding war in Ukraine Axios
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