Donald Trump threatened to raise tariffs on Indian exports, accusing India of profiting from reselling Russian oil and not caring about the Ukraine war. This action stems from India’s refusal to concede to trade demands and its continued purchase of discounted Russian oil. The threat, combined with Trump’s stance towards Pakistan, evokes historical parallels and risks impacting India’s GDP growth. Donald Trump threatened to raise tariffs on Indian exports, accusing India of profiting from reselling Russian oil and not caring about the Ukraine war. This action stems from India’s refusal to concede to trade demands and its continued purchase of discounted Russian oil. The threat, combined with Trump’s stance towards Pakistan, evokes historical parallels and risks impacting India’s GDP growth.
Trending
- FAA flags faulty alloy in RAT in 2 Boeing models
- Five Bangladeshi nationals held for attempting to enter Red Fort
- Externment notice served on Ahmedabad man for teen son crimes
- Parl stalled, Rijiju says may press for bills’ passage without debate
- Unemployment: Less than 15% placed under PMKVY; what govt data shows
- GCC GDP 2024: Real and nominal figures differ, but both show non-oil sectors make up over 70%
- NBA Trade News: De’Aaron Fox signs $229M Spurs extension; 4-year deal runs through 2030
- Suspected individual detained near international border in Kathua, questioning on