Trump Moves to Increase US Tariffs on India Over Russian Oil Purchases

President Donald Trump announced plans to significantly increase tariffs on Indian exports to the United States, citing New Delhi's purchase of Russian oil. He accused India of buying large quantities of Russian crude and reselling it for substantial profits on the open market, without regard for the ongoing conflict in Ukraine. Trump stated on his Truth Social platform that this policy change was a response to India's actions, indicating a move to impose higher duties on imports from India as a consequence. This development marks a notable escalation in trade tensions between the US and India, with potential implications for their economic relations and global markets. The president's remarks suggest a strategic move to address concerns over India's energy procurement policies amid ongoing geopolitical conflicts.