7 hours ago
Last Updated:August 04, 2025, 20:35 IST
Trump had earlier imposed 25% tariff on India and an unspecified penalty for buying Russian crude oil and military equipment
US President Donald Trump (Reuters Image)
US President Donald Trump on Monday announced to raise tariffs on Indian goods over the purchase and sale of Russian oil.
In a post on Truth Social, Trump said India is not only buying massive amounts of Russian Oil, but also selling it for big profits in the open markets. He said India does not care how many people in Ukraine are being killed by the “Russian War Machine."
Trump had earlier imposed 25% tariff on India and an unspecified penalty for buying Russian crude oil and military equipment. However, he did not reveal how much he would increase the tariff.
“India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don’t care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA. Thank you for your attention to this matter!!!" he wrote.
Last week, the US President announced to impose a 25 per cent tariff on all Indian goods, citing India’s high tariffs and continued military and energy ties with Russia.
Saurabh Verma covers general, national and international day-to-day news for News18.com as a Senior Sub-editor. He keenly observes politics. You can follow him on Twitter --twitter.com/saurabhkverma19
Saurabh Verma covers general, national and international day-to-day news for News18.com as a Senior Sub-editor. He keenly observes politics. You can follow him on Twitter --twitter.com/saurabhkverma19
Washington D.C., United States of America (USA)
First Published:August 04, 2025, 20:26 IST
News world Donald Trump Alleges India Fuelling Russia’s 'War Machine' In Ukraine, Vows Tariff Increase
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