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Trump Vows to Maintain Tariffs on India Over Russian Oil Imports

Trump Vows to Maintain Tariffs on India Over Russian Oil Imports

Published:
2025-10-20 18:52:02
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BTCCSquare news:

U.S. President Donald TRUMP has pledged to keep "massive tariffs" on India until the country ceases its purchases of Russian crude oil. Speaking to reporters aboard Air Force One, Trump claimed he discussed the issue with Indian Prime Minister Narendra Modi, who allegedly assured him India would stop buying Russian oil. However, Indian officials denied any recent conversation between the two leaders.

The dispute over Russian oil imports has become a significant trade irritant between the U.S. and India. Trump argues that oil revenues are financing Russia's war in Ukraine and has repeatedly pressured India and other nations to halt purchases. India, now the largest buyer of discounted Russian crude, has refused, citing economic benefits amid Western sanctions on Moscow.

Half of Trump's 50% tariffs on Indian imports are reportedly retaliation for India's continued Russian oil trade. The standoff underscores growing geopolitical tensions as the U.S. seeks to isolate Russia economically while India prioritizes energy security.

|Square

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