Donald Trump Aide Accuses India Of Funding Russia's War, Imposes Tariff As Modi Strikes Defiant Note
/ Aug 04, 2025, 10:04AM IST
Tensions between India and the United States have intensified after a top aide to President Donald Trump accused India of "cheating" on trade, exploiting US immigration, and funding Russia's war in Ukraine through oil purchases. White House official Stephen Miller said Trump could use 'all options', diplomatic, financial, or otherwise, against India. The remarks, aired on Fox News, mark one of the most aggressive US postures against New Delhi in recent years. Yet, India has made it clear it won't back down. PM Modi responded by affirming India's sovereign right to energy security and slammed Trump's 25% tariff on Indian exports. He called for buying only what's made 'by the sweat of Indians.' Despite US pressure, Indian oil refiners remain free to source crude from Russia. As Trump pivots away from years of strategic goodwill with India, New Delhi is preparing for a broader geopolitical showdown, asserting national interest over foreign dictates.#donaldtrump #indiarussiaoil #usindiatradewar #trumptariffs #russianoilban #modivstrump #trumpadministration #usindiarelations #bricssummit #indianeconomy #geopolitics #globaltrade #modigovernment #putinwar #india #breakingnews #trending #bharat #toi #toibharat #indianews

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India.com
a few seconds ago
- India.com
Days after announcing 25% tariff on India, Trump threatens to substantially raise tariff on India, says Russian oil purchases will...
Donald Trump- File image New Delhi: US President Donald Trump on Monday threatened to substantially raise tariffs on India for purchasing oil from Russia. In a Truth Social post, Trump, however, did not elaborate on what kind of tariffs those would be. 'India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don't care how many people in Ukraine are being killed by the Russian War Machine,' Trump wrote in his social media post. 'Because of this, I will be substantially raising the Tariff paid by India to the USA,' he added. Earlier, Stephen Miller, one of Trump's most influential advisors, said that the US President clearly believes India should stop buying Russian oil. 'What he (Trump) said very clearly is that it is not acceptable for India to continue financing this war by purchasing oil from Russia,' Miller said on Sunday Morning Futures. He, however, said that Trump's relationship with Prime Minister Narendra Modi is 'tremendous'. Last week, the US President said he would impose a 25 per cent tariff on goods imported from India, along with a penalty for buying Russian oil. Meanwhile, government sources have clarified there is no pause on the oil imports from Russia. According to sources, 'India's energy purchases are driven by national interests and market forces. We do not have any reports of Indian oil firms halting Russian imports'. Trump has threatened 100 per cent tariffs on countries that buy Russian oil unless Moscow reaches a major peace deal with Ukraine. MEA spokesperson Randhir Jaiswal said last week that 'You are aware of our broad approach to energy sourcing requirements, that we look at what is available in the market and the prevailing global situation. We are not aware of any specifics'. India sources its oil purchases based on global market offerings to meet its energy. 'Our ties with any country stand on their merit and should not be seen from the prism of a third country. As far as India-Russia relations are concerned, we have a steady and time-tested partnership,' said the MEA spokesperson.


Economic Times
a few seconds ago
- Economic Times
Gold price jumps Rs 1,600 per 10 gm on Trump's latest tariff threat; YTD gains swell to Rs 24,400
Gold price shot up by nearly Rs 1,600 per 10 gram or 1.6% on Monday in evening trade, much sharper than the international prices, following US President Donald Trump's announcement that he will substantially raise tariffs on India over its purchases of Russian oil. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Gold price shot up by nearly Rs 1,600 per 10 gram or 1.6% on Monday in evening trade, much sharper than the international prices, following US President Donald Trump's announcement that he will substantially raise tariffs on India over its purchases of Russian October gold futures hit the day's high of Rs 1,01,344 per 10 gram while the yellow metal prices on the COMEX were hovering near $3,428.40 per troy ounce, gaining by $28.60 or 0.84% around 9 pm India time."India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don't care how many people in Ukraine are being killed by the Russian War Machine," Trump said in a post on Truth Social. "Because of this, I will be substantially raising the Tariff paid by India to the USA," he on the day's action, Anuj Gupta, Director at Ya Wealth Global Research said that the sharp spike in gold prices in India are primarily due to the Trump comment. The Rupee is expected to fall sharply against the US dollar on Tuesday when the currency market resumes trading, he the tariffs on US' trading partners including India will become effective from August 7, the latest remarks on raising tariffs further from the current 25% has triggered a rush to the safe haven investment, Gupta prices in India have increased by over Rs 24,400 or nearly 32% in 2025 so far, Gupta said, estimating a further Indian rupee extended its decline against the U.S. dollar on Monday, closing the day at 87.6550 to the dollar, compared with Friday's close of 87.5400. The INR has been under pressure on account of persistent foreign outflows and sustained dollar demand from importers, particularly state-run oil expects the rupee to slip below 88. He suggested buying MCX gold at Rs 1,00,500 with a stop loss of Rs 99,500 and target of Rs 1,02,500.
&w=3840&q=100)

Business Standard
a few seconds ago
- Business Standard
A Billion Butterflies: This book drops truth bombs on climate change
How an old deal over a supercomputer explains the politics behind climate science today Chintan Girish Modi Listen to This Article A Billion Butterflies: A Life in Climate and Chaos Theory Published by Macmillan 288 pages ₹699 If United States President Donald Trump's imposition of 25 per cent tariffs on all Indian imports — to penalise India for its protected economy and for buying military equipment and energy from Russia — seems like bullying, let us pause to consider what happened when the US negotiated a deal with India in 1985. This event from four decades ago seems instructive for anyone who believes that the relationship between the two countries has suddenly hit a new low. Jagadish Shukla, a professor of