Trump vows to keep 'massive' tariffs on India until Russian oil imports cease
India imports about one-third of its oil from Russia despite US tariffs totaling 50%, with imports projected to rise 20% this month, according to commodities data.
- US President Donald Trump stated he spoke with Prime Minister Narendra Modi, claiming India would cease buying Russian oil, or face 'massive' tariffs on Indian goods.
- India's foreign ministry denied knowledge of any conversation with Trump regarding Russian oil imports.
- Reports indicate that India is currently the largest buyer of seaborne Russian oil, benefiting from discounted prices, despite US sanctions.
67 Articles
67 Articles
Trump vows to keep ‘massive’ tariffs on India until Russian oil imports cease | Honolulu Star-Advertiser
ABOARD AIR FORCE ONE >>President Donald Trump reiterated on Sunday that Indian Prime Minister Narendra Modi told him India will stop buying Russian oil, while warning that New Delhi would continue paying “massive” tariffs if it did not do so.
India draws oil from Russia's economy – to Donald Trump's displeasure. The US President is now succumbing to New Delhi's compulsion.
Trump Vows India’s ‘Massive Tariffs’ Will Remain Until Russian Oil Imports Stop
President Donald Trump on Oct. 19 said that India will continue to face “massive tariffs” if it keeps buying Russian oil. “I spoke with Prime Minister [Narendra] Modi of India, and he said he’s not going to be doing the Russian oil thing,” the president told reporters aboard Air Force One, reiterating previous assurances he said he had received from the Indian premier. Trump added that if India does not adhere to this, “then they’ll just continu…
Trump Threatens ‘Massive’ Tariffs on India Unless Russian Oil Imports Stop
U.S. President Donald Trump warned India would face “massive” tariffs unless it halts Russian oil imports, saying Prime Minister Narendra Modi promised to end purchases. U.S. President Donald Trump said Indian Prime Minister Narendra Modi told him India would cease buying Russian oil, warning New Delhi it faces continued “massive” tariffs if it doesn’t. The U.S. is pressing India over Russian oil imports, a major sticking point in trade talks. W…
Donald Trump intends to maintain high tariffs until India's total rejection of Russian oil.
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