President Donald Trump has stated that the United States plans to increase tariffs on Indian imports in response to India’s continued purchases of Russian oil.
Trump criticized India’s decision to maintain oil trade with Russia despite Western sanctions, calling it a challenge to US foreign policy and economic interests. He suggested that raising tariffs would be a way to pressure India into aligning more closely with US sanctions against Russia.
This announcement adds tension to the already complex trade relationship between the US and India, two key global players balancing economic growth and geopolitical strategy amid the ongoing conflict involving Russia and Ukraine.
The potential tariff hike could affect billions of dollars in bilateral trade, with industries on both sides watching closely for further developments.
