‘Unable to accept erosion of its dominance': After India, Russia hits back at US on inflated tariffs over oil trade
Russia's Foreign Ministry Spokeswoman Maria Zakharova, in a statement, said no tariff wars or sanctions 'can halt the natural course of history'.
Calling sanctions and restrictions a 'regrettable reality' of today's historical stage that affects the entire world, she said that the US is unable to come to terms with the 'loss of hegemony in the emerging world order.'
'Sanctions and restrictions have unfortunately become a defining feature of the current historical period, impacting countries across the globe. Unable to accept the erosion of its dominance in an emerging multipolar international order, Washington continues to pursue a neocolonial agenda, employing politically motivated economic pressure against those who choose an independent course on the international stage,' she said.
Russia asserted in its statement that 'no tariff wars or sanctions can halt the natural course of history.' Zakharova further said that Russia will deepen in cooperation with countries of the Global South, and resist the 'unlawful unilateral sanctions.'
The response issued by Russian Foreign Ministry came hours after India issued a strongly worded statement over US imposing inflated tariffs on New Delhi for indulging in trade with Moscow in the middle of the Russia-Ukraine war.
(With inputs from PTI)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
a few seconds ago
- Time of India
Market not taking Trump threats seriously; glad India is standing its ground: Vandana Hari
Tired of too many ads? Remove Ads , Founder & CEO,, says crude oil prices are declining. The market is seemingly unconcerned about Donald Trump's recent threat. India's continued oil purchases from Russia are a key factor. If India reduced its intake of 1.7-1.8 million barrels per day, it would create market instability. China might increase its intake, but not enough to offset India's current on the reaction we have seen so far from crude, which has been rolling downhill yesterday, and this morning as well, it tells me that the market is not taking Trump's threat seriously. Probably an input for the market is also the fact that India is standing its ground. Had India said that they are going to halt or reduce purchases of close to 1.7-1.8 million barrels per day, that would have been a major concern for the market as to where this 1.8 million barrels per day goes if India does not take it? Obviously, China could take a bit more. But I doubt it could take equal to what India has been absorbing from Russia or anytime soon and you would have seen prices spiking. So, the market does not seem to be taking it seriously and I am glad to note that India is standing its ground as well.: A major question is whether he will actually go ahead. What is the gap between his threats and his actually proceeding to impose such tariffs? First of all, there are double standards here. You alluded to him potentially doing the same for other buyers of Russian crude and mind you, there are refined products as well. So, there is China and Turkey aside from India when it comes to crude and the same countries as well as major importers like Brazil and South America when it comes to refined as far as optics goes, this is not looking good for Trump singling out India when there are all of these other countries which are importing crude as well. Now, if he does go ahead and impose 100% secondary tariffs on India which would mean that the US would charge 100% tariffs for goods exported by India, India has a few options. One is it can simply ignore and let things take their course that the trade supply chains and so on will reorganise and rearrange themselves around such could look to other markets too to place its goods or it could go into negotiations with the US. Now, of course, it is not for me to say which step India will take on this but from all the signs that we can read, as of now India is saying it is standing its ground and that it will probably take steps or respond as and when the next step from the US becomes clear. There is no point making major shifts in things like crude imports based on guesswork or speculation.
India Today
a few seconds ago
- India Today
HOTTEST ad out there: Trump backs 'Republican' Sydney Sweeney amid jeans advert row
United States President Donald Trump has stirred controversy with a fiery social media post backing actor Sydney Sweeney amid backlash over her American Eagle jeans campaign and taking a swipe at pop icon Taylor Swift, declaring she is "no longer hot".Trump's remarks, posted on Truth Social, praised Sweeney's 'HOTTEST' ad and denounced Swift and several brands he labelled 'woke'."Sydney Sweeney, a registered Republican, has the 'HOTTEST' ad out there. It's for American Eagle, and the jeans are 'flying off the shelves'. Go get 'em Sydney!," Trump In the same post, the President took aim at several other brands and public figures, calling out Jaguar for a "stupid, and seriously WOKE advertisement" that he claimed led to the CEO's resignation and sent the company into "absolute turmoil"."Who wants to buy a Jaguar after looking at that disgraceful ad? Shouldn't they have learned a lesson from Bud Lite, which went Woke and essentially destroyed, in a short campaign, the Company. The market cap destruction has been unprecedented, with BILLIONS OF DOLLARS SO FOOLISHLY LOST," he Trump also revived his criticism of pop icon Taylor Swift, describing her as a "Woke singer" and blaming her political leanings for what he claimed was a decline in her popularity."Or just look at Woke singer Taylor Swift. Ever since I alerted the world as to what she was by saying on TRUTH that I can't stand her (HATE!). She was booed out of the Super Bowl and became, NO LONGER HOT. The tide has seriously turned — Being WOKE is for losers, being Republican is what you want to be. Thank you for your attention to this matter!" he wrote. The post reflected President Trump's ongoing pattern of publicly criticising brands and individuals he perceives as aligned with liberal or progressive values, news agency Associated Press controversy around Sweeney began after American Eagle launched a campaign featuring her with the tagline: "Sydney Sweeney Has Great Jeans". While the brand intended it as a light-hearted pun, many critics online interpreted the message as a dog-whistle to white supremacy and eugenics. The backlash was swift, though Sweeney herself has yet to issue a Eagle, however, defended the campaign in a statement issued Friday, saying the tagline "was always about the jeans". The company added, "Her jeans. Her story. We'll continue to celebrate how everyone wears their AE jeans with confidence, their way. Great jeans look good on everyone".- Ends
India.com
a few seconds ago
- India.com
Russia-Ukraine war: Zelenskyy warns as Russia gets support from China and Pakistan, accuses of Putin of...
Russia-Ukraine war: Zelenskyy warns as Russia gets support from China and Pakistan, accuses of Putin of... The Russia-Ukraine war is far from over. Even after US President's attempt to initiate a truce, there has been no breakthrough. Moreover, Ukrainian President Volodymyr Zelenskyy made a big claim that Ukrainian soldiers in the north-eastern part of his country are facing foreign 'mercenaries' fighting on behalf of Russia. Ukrainian President Volodymyr Zelenskyy said these soldiers include people from China, Pakistan, Tajikistan, Uzbekistan and parts of Africa. Zelenskyy has talked about giving a tough response in this matter. His statements came after visiting a frontline area in the Kharkiv region, where he met with soldiers and commanders of the 57th Separate Motorised Infantry Brigade. 'We discussed with the commanders the situation on the frontline, the defence of Vavchansk and the latest combat developments. Our servicemen in this area reported that mercenaries from China, Tajikistan, Uzbekistan, Pakistan and African countries are taking part in the fighting. We will respond to this,' he wrote on the social media platform X. Why is Russia recruiting Chinese fighters? Zelenskyy had earlier accused Russia of recruiting Chinese fighters, which Beijing flatly rejected. Apart from this, North Korea has also sent thousands of troops to Russia's Kursk region. Reuters contacted the embassies of Tajikistan, Uzbekistan and Pakistan for comment on the matter, but there has been no official statement yet. Russia has also not made any immediate public comment on these claims of Zelenskyy. Is China silently helping Russia? According to Ukrainian military and intelligence sources, foreign mercenaries are operating under Russian private military companies such as the Wagner Group or new units affiliated with the Russian Defense Ministry. These groups are known to recruit fighters from economically weak or politically unstable regions, particularly Africa and Asia. Ukrainian authorities claim that evidence obtained on the battlefield, such as seized documents, confirms the presence of foreign fighters from various countries. What is China saying? Earlier this year, Zelenskyy claimed that Russia had deployed more than 100 Chinese citizens in the war against Ukraine. He also said that two Chinese fighters were captured in the Donetsk region. Zelenskyy also shared a video, which allegedly contained interrogation footage of these two Chinese fighters and photos of their passports. However, China rejected these claims as 'baseless' and said that it gives strict instructions to its citizens to prevent them from getting involved in armed conflicts.
