President Donald Trump has recently raised concerns about India’s procurement of Russian oil, hinting at potential tariff hikes on Indian goods. This move reflects the strained relationship between the US and India, as they continue to negotiate a trade deal. The purchase of Russian oil by India plays a significant role in financing Moscow’s activities, particularly its involvement in the conflict in Ukraine. In response, New Delhi has swiftly reacted to Trump’s threats, emphasizing the complexities of global trade dynamics and political tensions.
Source: ABC News (AU)
Author: ABC News
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