Trump Says He Will Raise Tariffs on India Soon Over its Russian Oil Purchases

trump oval office jan 2025 1200x810

“They’re fueling the war machine, and if they’re going to do that, then I’m not going to be happy,” Trump told CNBC in an interview, adding that the main sticking point with India was that its tariffs were too high.

He did not provide a new tariff rate for India.

(Reporting by Andrea Shalal and Doina Chiacu, Editing by Louise Heavens)


Get the Latest US Focused Energy News Delivered to You! It’s FREE:


Share This:


More News Articles

 

  • Related Posts

    US Bombs Iran for Ninth Day as Standoff Over Hormuz Deepens

    A damaged bridge, reportedly hit following a US strike, in southern Iran on July 18, in a photo released by Iran’s ISNA news agency. Photographer: Amir Hossein Khorgooei/ISNA/Getty Images The…

    US Pump Prices Cross $4 Again on Renewed Fighting in the Middle East

    (Reuters) – U.S. gasoline pump prices crossed the $4 a gallon mark on Monday ​as renewed hostilities between the U.S. and Iran further disrupt energy ‌flows through the Strait of Hormuz, a…

    Have You Seen?

    USA LNG Growth Exceeding All Expectations, Yergin Says

    • July 20, 2026
    USA LNG Growth Exceeding All Expectations, Yergin Says

    Inpex Masela breaks ground on $21bn Abadi LNG project in Indonesia

    • July 20, 2026
    Inpex Masela breaks ground on $21bn Abadi LNG project in Indonesia

    Messer Americas to invest $280m in Texas ASU complex

    • July 20, 2026
    Messer Americas to invest $280m in Texas ASU complex

    Yemen Houthis threaten naval blockade on Saudi Arabia

    • July 20, 2026
    Yemen Houthis threaten naval blockade on Saudi Arabia

    US Pump Prices Cross $4 Again on Renewed Fighting in the Middle East

    • July 20, 2026
    US Pump Prices Cross $4 Again on Renewed Fighting in the Middle East

    US Bombs Iran for Ninth Day as Standoff Over Hormuz Deepens

    • July 20, 2026
    US Bombs Iran for Ninth Day as Standoff Over Hormuz Deepens

    Oil Prices Extend Gains on Escalating Middle East Hostilities

    • July 20, 2026
    Oil Prices Extend Gains on Escalating Middle East Hostilities

    Helium shortage threatens MRI services at Indian hospital

    • July 20, 2026
    Helium shortage threatens MRI services at Indian hospital

    SunPower Completes 977 kW Solar Carport System at California Residential Community

    • July 20, 2026
    SunPower Completes 977 kW Solar Carport System at California Residential Community

    Charbone expands North American helium delivery fleet

    • July 20, 2026
    Charbone expands North American helium delivery fleet