US Tariffs, India’s Oil Imports and the Putin-Trump Alaska Summit: A New Geopolitical Flashpoint
Trump: “Russia Lost an Oil Client, Which is India” US President Donald Trump has escalated his criticism of India’s oil trade with Russia, linking it directly to his administration’s tariff and sanctions policy. In an interview with Fox News aboard Air Force One, Trump remarked that Russia had “lost an oil client, which is India,” highlighting New Delhi’s reduction of crude oil purchases from Moscow. He stated that India accounted for around 40% of Russia’s oil trade, but warned that the imposition of secondary sanctions could be “devastating” for Moscow. “If I have to do it, I’ll do it, maybe I won’t have to do it,” Trump said, suggesting that harsher economic penalties remain an option. US Tariffs on Indian Imports Trump’s remarks come on the heels of a sharp increase in tariffs on Indian imports. On August 7, the US imposed an additional 25% tariff , effectively raising the total duty to 50% on Indian goods . The White House justified this action on grounds of national securit...