India, Aug. 5 -- US President Donald Trump on Tuesday has said that he may 'substantially' raise tariffs on India in next 24 hours. Trump's latest statement comes a day after he vowed to raise tariffs on India due to its purchase of Russian oil and other military products.
Speaking to CNBC, Trump once again reiterated his claim that India has the highest tariffs on US goods in the world.
"India has not been a good trading partner because they do a lot of business with us, but we don't do business with them. So we settled on 25 percent, but I think I'm going to raise that rate quite substantially in the next 24 hours," said Trump.
"They're buying Russian oil and fueling the war machine. And if they are going to do that, I'm not going to...
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