Explainer: Donald Trump’s 50% tariffs - will India budge on Russia crude oil trade?
Thursday, 7 August 2025 () Donald Trump's doubled tariffs on India, targeting its Russian oil trade, aim to pressure Putin on the Ukraine war. India faces a complex balancing act between maintaining ties with Russia and the US, its largest trading partner. While India may gradually reduce Russian oil dependency, a complete shift is unlikely due to economic and political considerations.
In a scathing rebuke, top Trump aide Stephen Miller has accused India of "financing Russia’s war in Ukraine" by continuing to import oil from Moscow. Speaking on Fox News, Miller expressed alarm over India’s near-parity with China in buying Russian crude — calling it an “astonishing fact.”...
Donald Trump has declared that “billions are flowing into America” due to his latest round of tariff hikes, which took effect August 7. Claiming an economic windfall, Trump said the tariffs will..
Just a day after Trump’s harsh new tariffs on India, NSA Ajit Doval met Russian President Vladimir Putin in Moscow to reaffirm and expand the India–Russia strategic partnership. With U.S. pressure..
The India US Tariffs issue is grabbing global attention. With Trump imposing an additional 25% tariff on Indian goods, raising the total to 50%, serious questions are being raised. Why is India being..
After US President Donald Trump's increased tariff rate for India and amid US' continuous economic threat, many state-owned oil refiners have stopped purchasing... DNA
US President Trump has imposed a 25% tariff on Indian goods amidst ongoing trade deal negotiations. Trump cited high Indian tariffs and its energy and military... IndiaTimes
Donald Trump on Wednesday issued an executive order hitting India with an additional 25 per cent tariff on Indian goods, citing its continuing procurement of... DNA
Thursday, 7 August 2025 ()
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