Threat To Impose More Tariffs On India; Russia's Big Statement Has Come To Light
President Trump has threatened to impose more tariffs on India for buying petrol from Russia
Russia has rejected US President Donald Trump’s threats to impose more tariffs on India.
According to the international news agency, Russia has reacted openly for the first time to the ongoing tension between the US and India over the purchase of Russian oil.
Dmitry Peskov, the spokesman for the Kremlin, the Russian government’s office, told reporters that
We do not consider such statements to be correct.
He added that Russia’s position is clear that any sovereign country has the right to choose partners for trade and economic cooperation, keeping in mind its national interests.
The Russian government spokesman added that India itself will decide who to trade with and who not to trade with. No third country should impose its will.
The spokesperson added that like every country, India will buy anything, including energy and military weapons, from wherever it has financial benefits, keeping in mind its national interest.
This statement came at a time when US President Donald Trump on Monday warned India that if it continues to buy Russian oil, tariffs (taxes) on Indian products will be significantly increased.
In an interview with CNBC today (Tuesday), Trump added that he could increase the tariff rate on India by more than 25 percent and this announcement is expected in the next 24 hours.
Earlier, the Indian Ministry of External Affairs had said in response that the US and other countries that are criticizing us are also trading with Russia.
The statement called this act hypocrisy and added that the only difference is that for us, trade with Russia is a requirement of national needs, while they have no such justification.
It should be remembered that trade relations between India and Russia have increased significantly since the Russia-Ukraine war. Before the war broke out in 2022, India imported about 100,000 barrels of crude oil per day from Russia, which increased to 1.8 million barrels per day in 2023.
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