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Trump Targets India with Tariffs Over Russian Oil Ties

Trump Targets India with Tariffs Over Russian Oil Ties

Published:
2025-08-04 20:13:02
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BTCCSquare news:

Trade tensions escalate as former U.S. President Donald TRUMP announces plans to impose substantially higher tariffs on Indian goods. The move targets India's continued purchases of Russian oil, which Trump claims are indirectly funding Moscow's war in Ukraine. On Truth Social, he accused India of prioritizing profits over geopolitical consequences.

India remains defiant, with government sources confirming no plans to halt Russian oil imports. Officials cite energy security and national interest as non-negotiable priorities. As the world's fifth-largest economy, India warns of reciprocal measures if the U.S. proceeds with tariff hikes.

The economic confrontation marks a significant strain in U.S.-India relations, with existing 25% tariffs on Indian textiles potentially set to increase. Neither side has shown willingness to compromise, setting the stage for a prolonged trade dispute.

|Square

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