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EN
Trump doubles tariffs on India, jeopardizing longstanding ties
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TPR: The Public's Radio
(Dar Yasin | AP)MUMBAI, India — India’s prime minister responded with defiance after President Trump threatened to double tariffs on his country to 50%, because it purchases Russian oil.
What Trump’s threat to tariff Russia’s trade partners means for India President Trump said India would pay the price for buying Russian oil and military equipment.
“But I am ready for it.”India ramped up its purchases of Russian oil after Moscow offered it at a discount after invading Ukraine three years ago .
In 2024, India bought Russian oil worth more than US $47 billion, according to the Finnish think tank Centre for Research on Energy and Clean Air.
Indian analysts were quick to note that other major importers of Russian oil, China and Turkey, had not faced any additional punitive tariffs.
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