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Trump Threatens to Increase Tariffs on India Significantly Amid Russian Oil Trade, India and Kremlin Respond
BlockBeats News, August 5th: On August 4th, US President Trump threatened to significantly increase tariffs on India. According to media such as Reuters and Sky News UK, India responded on the 5th, stating that it will take all necessary measures to protect national interests and economic security.
Sky News UK reported that a spokesperson for the Indian Ministry of External Affairs stated that since the Russia-Ukraine conflict erupted, India has been "targeted" by the US and the EU for importing oil from Russia. "In fact, the reason India started importing oil from Russia was that after the conflict erupted, traditional oil supplies shifted to Europe," the spokesperson said. "At that time, the US actively encouraged India and similar import activities to enhance the stability of the global energy market." According to the latest news from Agence France-Presse on the 5th, the Kremlin in Russia also criticized Trump's threat to increase tariffs on India, stating that "sovereign countries have the right to choose their own trading partners" and that it is inappropriate to force countries to sever trade relations with Russia.
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