Trump again accused India, tariff and threatened to increase

Trump wrote on his social media platform Truth Social, India is not only buying a huge amount of Russian oil, but is also selling most of the oil purchased at huge profits in the open market. He does not care about how many people are being killed in Ukraine with a Russian war machine. Because of this, I will put more tariffs on India.

Trump has already announced to impose 25 percent tariff on India. At the same time, he has also talked about unclear penalty for buying military equipment and crude oil from Russia. This time he has said to increase the tariff on a substantial or large scale. However, he did not clear what the new tariff percentage would be. For the first time, Trump gave it a different form by linking India’s Russia policy with the deaths in Ukraine.

Export will get a big shock
America is the second largest export market in India. India may suffer major losses in many areas like textile, auto parts, medicines and steel. The US wants India to keep a distance from Russia, but India does not want to leave Russia. This is why the pressure will increase further. India has reflected cheap Russian crude oil and sent diesel and petrol to European countries. Now America is doubting a bacheloring hub on this.