Trump tariffs push India
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The White House's abrupt move to double duties on Indian goods over its Russian oil purchases came with little warning and no clear path forward.
White House trade adviser Peter Navarro blasted India for continuing to buy Russian oil and said he expects punitive tariffs of 50% on imports from the South Asian nation to kick in as planned next week.
1hon MSN
China Supports India, Slams Trump Tariffs; Envoy Says, 'US Using Trade Pressure As Bargaining Tool'
China firmly stands with India against Donald Trump’s tariffs. Their growing closeness can, in part, be attributed to Trump’s repeated tariff threats. Strongly opposing the US move to impose a 50% tariff on India,
Russia expects India to continue buying its oil even as the South Asian nation faces higher tariffs from the Trump administration for the trade, Bloomberg reported, citing an official. India’s imports of Russian crude are likely to stay at current levels,
White House trade advisor Peter Navarro claimed that India "didn't not need" Russian oil --- and accused New Delhi of refusing to "recognise its role in the bloodshed".
Chinese Ambassador Xu Feihong said that the US had long benefited from free trade but was now using tariffs as bargaining chips. He stated that the US had imposed tariffs of up to 50% on India and that China firmly opposed it.
New Delhi’s frayed ties with Washington have added to a thaw in the frosty relationship with Beijing that began last year.
White House Trade Adviser Peter Navarro criticises India for high tariffs and energy ties with Russia, highlighting tensions with the US.
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