Trump to raise tariffs further on India over Russia oil purchases
Share this @internewscast.com


President Trump said on Monday he will raise tariffs on India for buying and selling oil from Moscow, arguing that the country doesn’t care about the Ukrainian casualties from the war with Russia.

The president didn’t say how much the tariff will increase on India, after he said he would impose a 25 percent tariff on the trading partner last month.

“India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits,” he said on Truth Social. “They don’t care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA.”

The president previously had vowed to hit India with a penalty for buying military equipment and energy from Russia amid the war in Ukraine.

India said it would continue buying oil from Moscow on Saturday. The Indian foreign ministry called the relationship with Russia “steady and time-tested” and that it’s stance on security energy is guided by the availability of oil in the markets.

Top administration officials, including Trump, had insisted for months that a deal with India was pending but never announced one. The lack of a deal then led the president to slap the 25 percent tariff and additional import tax on India.

Trump in recent weeks has also grown increasingly frustrated with Russian President Vladimir Putin and shortened the timeline for him to agree to a ceasefire in Ukraine to within the next two weeks.

Without a ceasefire, he has warned that Russia would face additional sanctions and tariffs, indicating he would impose a 100 percent “secondary” tariff, which would target other nations that do business with Russia.

Share this @internewscast.com
You May Also Like

Heightened Fire Risk Develops Across Central Florida as Drought Conditions Intensify

ORLANDO, Fla. – Florida is bracing for the onset of a severe…

Massive Meth Bust: TBI Nabs Major Distributor with 8-Pound Haul

In Greene County, Tennessee, a coordinated investigation involving multiple agencies has culminated…

Rubio Visits Caribbean to Strengthen US Ties Amid Venezuela and Iran Challenges

WASHINGTON – This week, Secretary of State Marco Rubio is set to…

Jonesville Man Sentenced to Life for Rape: Justice Served in High-Profile Case

JONESVILLE, Va. (WJHL) — In a significant legal decision, Lee County Commonwealth’s…

16-Year-Old Apprehended in Connection with Gang-Related Shooting Injuring Four Juveniles in Parramore

ORLANDO, Fla. – In a significant development, Orlando police announced on Monday…

Thief Nabbed in Flood Relief Heist: Copper Wire Stolen from Flag Pond Storage

A man from Chuckey was taken into custody on Sunday night following…

Unraveling the ‘Goldilocks’ Conditions Behind the Northeast’s Epic Blizzard Snowfall

WASHINGTON – A powerful nor’easter has pummeled the Northeast, dumping nearly three…

German Leader’s Visit to China Prioritizes Trade, Ukraine, and Global Dynamics

BEIJING – German Chancellor Friedrich Merz is embarking on his inaugural visit…

Hegseth and Anthropic CEO to Convene Amid Escalating Debate on Military AI Utilization

In a significant development in the intersection of technology and defense, U.S.…