(TNS) WASHINGTON — President Donald Trump said he would be “substantially raising” the tariff on Indian exports to the U.S. over New Delhi’s purchases of Russian oil, ramping up his threat to target a major trading partner.
“India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits,” Trump wrote on his Truth Social platform Monday. “They don’t care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA.”
Trump’s post did not specify by how much he would raise the levy. Trump last week announced a 25% rate on Indian exports, shocking New Delhi after months of negotiations failed to secure a breakt