Trump India tariff, Aug. 5 -- After the US President Donald Trump's announcement to impose 25% tariffs on Indian imports and penalties for its Russian oil imports last week, the White House had presumed that New Delhi would come under pressure and Russian oil containers heading for the Indian ports may stop.
India rebutted the US claims that it has stopped receiving oil consignments from Russia. US President Donald Trump on Monday warned India of higher tariffs for buying Russian oil, drawing a spirited response from New Delhi.
"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," Trump posted on his social media platform Truth Social. "The...
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