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Trump links India oil tariff to ‘progress’ in Russia-Ukraine peace talks

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New York: US President Donald Trump said that Washington and Moscow have made a « lot of progress » in working towards ending the Ukraine War and speculated
US President Donald Trump said that Washington and Moscow have made a “lot of progress” in working towards ending the Ukraine War and speculated the punitive tariff he imposed on India for buying Russian oil may have something to do with it.
“We put a 50 per cent tariff on India,” he said on Wednesday (local time), “I don’t know if that had anything to do with it, but we’ve had very productive talks today” (with Russia).
He announced a 25 per cent tariff on India in his general tariff war last week, and on Wednesday morning, he announced an extra 25 per cent tariff for buying Russian oil.
India, which called it “unfortunate”, said it “will take all actions necessary to protect its national interests.”
Asked by a reporter if the 25 per cent punitive tariff on India would end if there was an agreement with Moscow on ending the war, he indicated it could happen.
“We’ll determine that later, but right now, they’re paying a 50 per cent tariff.

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