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Trump Suggests Possible Reprieve on 25% Tariff Over India’s Russian Oil Imports
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Trump Suggests Possible Reprieve on 25% Tariff Over India’s Russian Oil Imports

US President Donald Trump has suggested that he may reconsider imposing a 25% secondary tariff on India over its continued purchase of Russian crude oil. While speaking to Fox News ahead of his high-stakes summit with Russian President Vladimir Putin in Alaska, Trump claimed that Russia had effectively lost India as a major oil client...

US Warns of Fresh Sanctions on India If Alaska Summit With Putin Fails
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US Warns of Fresh Sanctions on India If Alaska Summit With Putin Fails

The United States has issued a stern warning to India, indicating the possibility of increased tariffs if New Delhi continues purchasing oil from Russia and if upcoming high-level discussions between Donald Trump and Vladimir Putin in Alaska fail. US Treasury Secretary Scott Bessent, in an interview with Bloomberg TV on Wednesday, suggested that Washington is...