
Published on: Aug 04, 2025 08:45 pm IST
Published on: Aug 04, 2025 08:45 pm IST
US President Donald Trump on Monday said that he will “substantially raise” the tariffs on Indian goods because of New Delhi’s “massive” purchases of Russian oil.
In a post on Truth Social, Trump also alleged that India was buying massive amounts of oil from Russia and then selling it on the Open Market for big profits.
“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!!! President DJT,” he wrote.