Peter Navarro Criticizes India's Russian Oil Purchases Amid US-India Trade Tariffs
Peter Navarro links India's Russian oil imports to a $50 billion US trade deficit and accuses Indian refiners of indirectly funding Russia's war efforts, amid escalating tariff tensions.
- Peter Navarro criticized India's purchase of Russian oil, claiming that it profits at the expense of the Indian people and harms U.S. interests.
- Navarro stated that India applies higher tariffs 90% of the time, creating a $50 billion trade deficit with the U.S.
- India's External Affairs Minister S. Jaishankar defended the country's oil purchases as necessary for national interest, arguing that the U.S. tariff is unjustified and unreasonable.
- Navarro highlighted the trade deficit with India at $50 billion and claimed that higher tariffs on India are a response to unfair trade practices.
35 Articles
35 Articles
Russia Remains India’s Top Oil Supplier Despite U.S. Pressure
Russia kept its number-one spot as the biggest crude oil supplier to India in July, despite U.S. pressure on India over its continued imports of Russian crude. Amid difficult U.S.-India trade talks, the Trump Administration has singled out India to punish as a buyer of Russian crude. After weeks of threats, the U.S. hiked from August 27 the tariff on imports of Indian goods to a massive 50%, with 25% of this due to India’s Russian oil purchase…
Modi Hails Friendship With Russia, Awaits Putin's India Trip
(Bloomberg) — Prime Minister Narendra Modi declared India and Russia share a “special” relationship, standing by each other in difficult times, in a defiant show of ties as Washington criticizes New Delhi over oil purchases.
How Trump's high tariffs on Indian goods may impact the country's geopolitics
NPR asks economist Devashish Mitra of Syracuse University where he thinks India's economic and geopolitical relationships will go after the Trump administration imposed 50% tariffs on Indian goods.
Coverage Details
Bias Distribution
- 65% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium