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JD Vance: Trump’s India Tariffs Aimed at Weakening Russia’s Oil Revenues
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JD Vance: Trump’s India Tariffs Aimed at Weakening Russia’s Oil Revenues

U.S. Vice President J.D. Vance has said that President Donald Trump’s recent decision to impose 50% tariffs on Indian imports was designed as “aggressive economic leverage” to pressure Russia into halting its military campaign in Ukraine. Speaking on NBC’s Meet the Press, Vance explained that the tariffs, including an additional 25% duty tied to India’s...

Russia Offers India 5% Discount on Crude Oil Amid US Tariff Pressure
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Russia Offers India 5% Discount on Crude Oil Amid US Tariff Pressure

Russia has announced that it will continue supplying crude oil to India at a 5% discount, even as the United States increases tariff pressure on New Delhi for purchasing Russian oil amid the Ukraine conflict. Evgeniy Griva, Russia’s Deputy Trade Representative to India, confirmed the development, saying, “There will be a 5% discount, subject to...