Trump threatens to ‘substantially’ raise tariffs on Indian goods as it continues to buy Russian oil

(CNN) — President Donald Trump said on Monday that he will “substantially” raise tariffs on India because it’s still buying Russian oil.

“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,” the president posted on his social media network, Truth Social. “Because of this, I will be substantially raising the Tariff paid by India to the USA.”