Tariffs Put on India to Force Russia to Stop War, Says U.S. Vice-President Vance
The Trump administration imposed 50% tariffs on Indian goods, including 25% on Russian oil imports, aiming to reduce funding for Russia's war in Ukraine, officials said.
- On Sunday, U.S. Vice-President J.D. Vance said President Donald Trump applied `aggressive economic leverage,' including secondary tariffs on India, to pressure Russia to end the war in Ukraine.
- Washington's tariff escalation — 50% overall and a 25% crude surcharge — has strained ties with New Delhi, while notably avoiding similar criticism of China, the largest buyer of Russian oil.
- Earlier in April in Jaipur, India, U.S. Vice-President J.D. Vance urged India to drop barriers and buy more U.S. energy and defence equipment, saying Russia can rejoin the global economy if it stops killing.
- New Delhi rejected the U.S. allegation and defended its energy policy, saying Indian energy procurement is driven by national interest and market factors after Western sanctions in February 2022.
- Vance remained confident that the U.S. can broker peace despite recent challenges, noting New Delhi turned to discounted Russian oil after Western sanctions in February 2022.
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The Indian minister stressed that the Asian nation buys oil to stabilize the market and defend its national interest, amid diplomatic tension and the imposition of US tariffs.
Trump's India tariffs 'aggressive leverage' to force Russia on Ukraine war: Vance
JD Vance said President Donald Trump used "aggressive economic leverage," including secondary tariffs on India, to pressure Russia to end the Ukraine war. India defends its Russian oil imports as national interest as tensions rise in US-India trade ties.
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R 55%
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