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.
