US EditionTrump says he will 'substantially' raise tariffs on India over Russian oil purchases
- On Monday, U.S. President Donald Trump declared plans to increase tariffs significantly on imports from India in response to its purchase of Russian oil.
- India started purchasing Russian oil after many of its usual sources were redirected to European countries following Russia's invasion of Ukraine in 2022.
- India is buying large amounts of Russian oil and reselling much of it on the open market for significant profits, while rejecting the U.S. criticism as unjustified.
- Trump said he would impose a minimum 25% tariff on Indian goods and that India faces an unspecified penalty, but he gave no further details.
- India asserts its commitment to safeguarding its priorities and economic stability, and intends to continue buying Russian oil despite the threat of tariffs.
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Coverage Details
Total News Sources390
Leaning Left43Leaning Right57Center80Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 24%
C 44%
R 32%
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