Trump adviser calls Ukraine conflict 'Modi's war' as US tariffs on India rise
The Trump administration doubled tariffs to 50% on over 55% of Indian exports, aiming to pressure India to halt discounted Russian oil purchases funding Russia's military aggression.
- On Wednesday, White House trade adviser Peter Navarro labelled the Russia-Ukraine conflict 'Modi's war', blaming Indian Prime Minister Narendra Modi for funding Russia via discounted oil purchases as 50% tariffs on goods from India took effect.
- Navarro blamed India's oil purchases because he argued discounted Russian oil funds Moscow's military, while India's Ministry of External Affairs said energy choices secure fuel for 1.4 billion people.
- Framing the costs domestically, Peter Navarro argued U.S. consumers, businesses, workers and taxpayers lose due to India's policies and high tariffs, but India could get a 25% tariff concession tomorrow if it stops buying Russian oil.
- Economists and industry groups fear tariffs affecting up to 66% of exports could cause job losses and factory closures, while the Indian government vows to protect national interests and seek solutions.
- Modi's diplomacy aims to secure support, with Indian Prime Minister Narendra Modi meeting China, Japan and Russia to promote the Make in India initiative amid tariff fallout; Japan plans investments up to 10 trillion yen.
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67 Articles
Is Modi snubbing Trump after new US tariffs on India?
In this edition of Access Asia, we explore how New Delhi is grappling with new 50 percent US tariffs taking effect. Will the souring relations between Narendra Modi and Donald Trump force India to rethink its ties with the United States and look further east? Meanwhile, South Korea scores another pop-culture win as its animated musical "K-Pop Demon Hunters" smashes Netflix records.
With a 50 percent rate, US President Donald Trump punishes Delhi, actually an ally of Washington in Asia. And what does Prime Minister Narendra Modi do? He turns east.
Peter Navarro, a top trade adviser to US President Donald Trump, has accused India of supporting Russia's war in Ukraine, calling the conflict "Modi's War" after the Indian prime minister. He said India could avoid a newly imposed 25 percent additional US tariff if it stopped buying Russian oil.
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