ReutersandAgence France-Presse
US President Donald Trump said on Monday that he would substantially raise tariffs on India over its purchases of 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.
“They don’t care how many people in Ukraine are being killed by the Russian War Machine,” Trump said in a social media post.
“Because of this, I will be substantially raising the Tariff paid by India to the USA.”
He did not elaborate on what the tariff would be.
“The targeting of India is unjustified and unreasonable,” India Foreign Ministry spokesman Randhir Jaiswal said in a statement.