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Trump says he will raise tariffs on Indian exports over Modi’s oil trade with Russia

2025-08-04 19:37:24

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President Donald Trump on Monday said he will “substantially” punish India in response to Prime Minister Narendra Modi’s continued oil trade with Russia and refusal to cut ties with President Vladimir Putin. The message, posted on Truth Social, accused India of buying “massive amounts” of Russian crude and reselling much of it for a profit on the global market. “They don’t care how many people in Ukraine are being killed by the Russian War Machine,” Trump wrote . “Because of this, I will be subs...

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Economy INR USD

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