Trump: Tariffs Strained Ties with Modi Over Russian Oil Purchases

World
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Moneycontrol•06-01-2026, 23:14
Trump: Tariffs Strained Ties with Modi Over Russian Oil Purchases
- •Donald Trump stated Prime Minister Narendra Modi is "not that happy" due to US tariffs on India's Russian oil purchases.
- •Trump claimed a 50% tariff on Indian goods, including a 25% levy specifically for Russian oil imports, impacting trade relations.
- •He defended tariffs as financially beneficial for the US and a means to influence India's stance on the Russia-Ukraine war.
- •Trump mentioned India's order of 68 Apaches and his attempts to mediate the Russia-Ukraine conflict.
- •India has previously denied Trump's claim that PM Modi assured him of stopping Russian oil purchases.
Why It Matters: Trump claims US tariffs on Russian oil purchases strained ties with Modi; India denies assurances.
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