India, Aug. 4 -- US President Donald Trump on Monday has issued a fresh warning for India, saying he will "substantially raise" the tariff imposed on the country. This new statement comes a week after Trump announced a 25 per cent tariff for India in view of New Delhi's "high tariffs on US goods" and its purchase of Russian oil and military products.

Trump's latest message on Truth Social comes amid the US president's efforts to establish a ceasefire in Ukraine. Citing India's close ties with Russia amid the ongoing war, Trump warned of a higher tariff.

"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. They don't care how many people in ...