Trump threatens India with 50% tariffs for buying Russian oil
Trump threatens to double India’s tariffs
- Donald Trump signed an executive order imposing a 50% tariff on Indian imports, citing India's purchase of Russian oil
- This action has been criticised by India's opposition and public as 'bullying', with analysts warning it could undo two decades of diplomatic progress between the two nations.
- India has accused the US of double standards regarding Russian imports and vowed to protect its national interests, despite concerns that further escalation could harm it beyond trade.
- Analysts suggest the relationship is at its worst point since 1998, with India facing pressure to reduce Russian oil purchases without appearing to surrender to Trump's demands.
- Indian government sources indicate a need to gradually repair ties with the US while increasing engagement with the BRICS bloc and other nations affected by Trump's tariffs and aid cuts.