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
- SC proposes panel to manage Banke Bihari temple till HC decides on UP ordinance
- ‘Kartavya Bhawans’ to house ministries, central govt depts
- Air India apologises, ‘deep cleans’ after roaches found on flight
- SC to Chhattisgarh CM Bhupesh Baghel, son: Move HC to challenge ED chargesheet
- Amid deadlock, PM to address NDA parliamentary party meeting today
- HC denies bail to DHFL’s Wadhawan in Rs 34,926-crore bank fraud case
- SC pulls up Punjab Police officers in Colonel assault case
- Brazil’s former president Bolsonaro under house arrest: SC cites restrictions breach