Trump's Tariff Threat: India Hits Back, Vows to Continue Buying Russian Oil | India Today News
Автор: India Today
Загружено: 2025-08-05
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In response to a renewed tariff threat from US President Donald Trump, the Indian government has indicated it will continue purchasing crude oil from Russia, stating that national interest is paramount. India has sharply criticized Trump's threat of substantial tariff hikes as "unreasonable and unjustified." The threat is linked to India's oil trade with Russia, which the US claims supports the war in Ukraine. However, India maintains its stance, emphasizing the economic benefits of discounted Russian crude, which constitutes about 40-42% of its oil imports. An official stated, "it's the discounted crude from Russia that has benefited us a lot." The move is seen as a geopolitical pressure tactic by the US, but India has made it clear it is not willing to yield.
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