Trump reacts to India citing US trade with Russia amid tariff threat: 'Don't know...'
Trump announced 25 per cent tariffs on Indian imports and unspecified penalties last week, ahead of his August 1 deadline for tariffs to come into effect even as talks for a deal are ongoing. Later, Trump threatened to hike that rate due to New Delhi buying military equipment and oil from Russia, calling India "Russia's largest buyer of energy, along with China".
Hitting back at Trump's tariff move, India pointed out to the US imports from Russia. 'Where the US is concerned, it continues to import from Russia uranium hexafluoride for its nuclear industry, palladium for its EV industry, fertilisers as well as chemicals,' Ministry of External Affairs spokesperson Randhir Jaiswal said.
Citing this, New Delhi called Trump's targeting of India 'unjustified and unreasonable', and reiterated that the government would safeguard its national interests and economic security.
Even in the face of Trump's tariff threats, the Indian government has reportedly not issued any directives asking importers to reduce trade with Russia.
India clarified its stance on sourcing energy in particular, saying the country was "guided by what is on offer in markets and prevailing global situation".
India also stated that the relationship it shares with any country should not be viewed through the prism of a third nation.
'The sourcing of defence requirement is determined solely by our national security imperatives and strategic assessments. Similarly, the sourcing of our energy needs...we are guided by what is available in the markets and by prevailing global circumstances," Jaiswal said during a press briefing last week.
According to a Reuters report, in 2024-25, India purchased Russian oil worth $50.2 billion. India ramped up imports of discounted Russian commodities after the US and its western allies imposed sanctions on Russia as its war with Ukraine began in 2022.
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