4th of August 2025:
Ukraine War Live Ticker
+++ 6:22 PM Oil Deals with Moscow: Trump Threatens India with Consequences +++
US President Donald Trump is threatening India with "significantly" higher tariffs because of its purchases of Russian oil. India is not only buying huge quantities of the oil, but is also reselling it at a huge profit on the open market, Trump writes on Truth Social. India doesn't care how many people in Ukraine are "killed by the Russian war machine." Therefore, he will "significantly increase" the tariffs India pays to the US. However, he does not specify a specific amount. A statement from the Indian government has not yet been received. Over the weekend, the news agency Reuters learned from Indian government sources that the country will continue to buy oil from Russia despite the threats.
Ukraine War Live Ticker
+++ 6:22 PM Oil Deals with Moscow: Trump Threatens India with Consequences +++
US President Donald Trump is threatening India with "significantly" higher tariffs because of its purchases of Russian oil. India is not only buying huge quantities of the oil, but is also reselling it at a huge profit on the open market, Trump writes on Truth Social. India doesn't care how many people in Ukraine are "killed by the Russian war machine." Therefore, he will "significantly increase" the tariffs India pays to the US. However, he does not specify a specific amount. A statement from the Indian government has not yet been received. Over the weekend, the news agency Reuters learned from Indian government sources that the country will continue to buy oil from Russia despite the threats.
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