Donald Trump Vows To `Substantially Raise` Tariffs On India Over Russian Oil Trade
Monday, 4 August 2025 () Donald Trump, in a post on Truth Social, said that he will "substantially raise" the tariffs paid by India to the United States. He also stated that India is not only buying oil from Russia, but also selling it for big profits.
The India US Tariffs dispute deepens as Donald Trump announces a 25% duty on Indian imports, coupled with penalties over New Delhi’s continued oil and arms trade with Russia. While India has not officially responded, markets are jittery and economists warn of a possible dent to India's GDP. The...
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United States President Donald Trump on Friday said he had heard that India would no longer be buying oil from Russia, calling it "a good step." Zee News Also reported by •IndiaTimes •DNA
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 Also reported by •IndiaTimes
Experts caution that the new 25% US tariff on Indian goods, coupled with potential penalties for trade with Russia, could hinder India's GDP growth and exports.... IndiaTimes Also reported by •DNA