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Trump Threatens to Increase Tariffs on India Amid Russian Oil Trade, India and Kremlin Respond
Summary: According to reports from Reuters and Sky News, US President Trump threatened on August 4 to significantly increase tariffs on India. In response, India stated that it will take all necessary measures to protect national interests and economic security. Sky News reported that an Indian Foreign Ministry spokesperson stated that since the Russia-Ukraine conflict, India ...
According to reports from Reuters and Sky News, US President Trump threatened on August 4 to significantly increase tariffs on India. In response, India stated that it will take all necessary measures to protect national interests and economic security.
Sky News reported that an Indian Foreign Ministry spokesperson stated that since the Russia-Ukraine conflict, India has been targeted by the US and EU for importing oil from Russia. In fact, India began importing oil from Russia because traditional oil supplies shifted to Europe after the conflict erupted, and at that time, the US actively encouraged such imports to enhance global energy market stability. According to AFP's latest news on the 5th, the Kremlin in Russia also criticized Trump's threat to increase tariffs on India, stating that sovereign countries have the right to choose their trade partners, and forcing countries to cut off trade relations with Russia is unjust behavior. (Global Times)
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