President Donald Trump, who has been constantly making statements against the interests of the US, has crossed all diplomatic limits. Seeing the adamant attitude of the Indian government regarding the trade agreement, President Trump has now threatened that he will further increase the duty rates on Indian imports.
However, as per his old attitude, he has neither told how much this increase in duty rates will be nor whether it will be different from the earlier decision of President Trump to impose a penalty on India.
But this time, India has not given a measured response to Trump's old statements but has directly rejected them and termed them unjust and unreasonable. India has also shown the mirror to America and European countries on how they are still doing business with Russia for their needs.
Why is India buying oil from Russia?
Foreign Ministry spokesperson Randhir Jaiswal has said that America and European countries have been targeting India since the beginning of the Ukraine war. India started buying oil from Russia only when crude oil started being sent to Europe from the world's traditional oil markets after the Ukraine war.
India buys oil from Russia so that it can provide fuel to its people at affordable rates. But the fact is that the countries that are accusing India are themselves doing business with Russia. Whereas, doing so is not a matter of national interest for them.
He further said that the European Union had a bilateral trade of 67.5 billion euros with Russia in the year 2024. This has been more than India's total trade with Russia. Fertilizers, mining products, chemicals, iron and steel, etc., are still being traded between Europe and Russia. As far as America is concerned, it is still buying uranium from Russia. It is buying palladium from Russia for its electric vehicle industry. In such a background, targeting India is unjust and unfair. Like other countries, India will also take steps according to its national interests and economic security.
What did Trump say about the purchase of oil?
India's response came after President Trump wrote a message on the social media site Truth Social. In this, Trump has written in his usual style that India is not only buying oil in large quantities from Russia, but is also making huge profits by selling most of this purchased oil in the open market. They do not care how many people are being killed in Ukraine by Russian weapons. Because of this, I am going to increase the duty on India heavily.
Trump is continuously making objectionable statements against India.
Trump has been continuously making such objectionable statements about India through Truth Social for the last 8-9 days. At the beginning of last week, when Trump accused India of buying oil from Russia, the Ministry of External Affairs gave a very measured response to this. On the day the US administration imposed a 25 percent duty on Indian imports, Trump had specifically posted a post against India. In that he had written that I am not worried if India and Russia sink with their dead economy.
The way India has responded on Monday, it is clear that now it is not going to follow diplomatic considerations. This statement by Trump is also vague, like his previous statements. Earlier, he had said that along with the duty (25 percent) on India, a separate penalty will be imposed. But to date, it is not clear what the penalty rate is.
Similarly, there is also ambiguity in the announcement he made to him on Monday. But this statement is also being made to put pressure on India for a trade agreement. GTRI, a leading economic think tank of India, said on Trump's statement that it is completely wrong. First of all, India does not export crude oil. India exports refined petroleum products.
Many countries buy diesel, ATF, etc., made from crude oil imported from outside. Secondly, the biggest buyer of oil produced by Russia is China, not India. But Trump does not want to condemn China.
Virat Kohli: 'Is it too late to bring him back from retirement?' Tharoor remembers Kohli in the fifth Test
England needs 35 runs to win on the last and fifth day of the five-Test series against India. The day's play could not be completed due to rain and poor light on the fourth day. England still has four
Vicky Kaushal: Vicky Kaushal congratulated 'Sam Bahadur' on winning the National Award, knowing in which category the film won
This year, Hindi cinema achieved success on many fronts in the 71st National Film Awards. Vicky Kaushal's 'Sam Bahadur' was also included in these films. This war biopic, directed by Meghna Gulzar,
Firing again at Kapil Sharma's cafe in Canada, Goldy Dhillon, associated with the Lawrence Bishnoi gang, took responsibility
Famous comedian Kapil Sharma's Caps Cafe in Surrey, Canada, was once again fired upon on Thursday. According to the Surrey Police, the cafe was fired upon at 4:40 am. During this, even the glass panes
Trump's claim proved false; buying oil from Russia continues even today; India's new statement came out amid the tariff war.
India has decided to continue buying oil from Russia, ignoring the US tariff action. News agency ANI quoted sources as saying that all oil refineries in India continue to buy oil from Russian
Malegaon blast case: The Victims' family will challenge the verdict in the High Court; Lawyer Shahid said - did not get justice
Lawyer Shahid Nadeem, representing the victim families, said that he will soon challenge the decision to acquit the seven accused in the High Court. He said, We will independently file an appeal.
SIR Row: Voter list released for all 293 assembly constituencies except one in Bengal, commission's move amid controversy
The Election Commission has released the 2002 voter list of 293 assembly constituencies of 24 districts of West Bengal amid the SIR controversy. Only the list of one constituency, Kulpi of South 24
US Tariffs: 'Nothing was gained from Trump's friendship...', opposition targeted the Modi government over US tariffs
Opposition parties on Wednesday attacked the central government after US President Donald Trump imposed 25 per cent tariffs and fines on Indian goods. They said Prime Minister Narendra Modi's
US Tariffs: Trump imposed a 25% additional tariff on India, a fine on buying Russian oil; a new decision effective from August 27
US President Donald Trump has imposed an additional 25 percent tariff on India. This tariff has been imposed as a penalty for continuing to buy oil from Russia. After the additional tariff, the total
Trump Tariff: Trump's tariff war on all countries, including India, was averted, and did a great favour to Pakistan
US President Donald Trump has recently announced that impose a 25 percent reciprocal tariff on India. At the same time, President Trump has signed the order to impose new reciprocal tariffs ranging
If you have such a 'friend', then why do you need an enemy? Trump made a big oil deal with Pakistan, saying- One day, Pakistan will sell oil to India.
US President Donald Trump has made a shocking announcement. He said that the US has signed a major trade deal with Pakistan. Under this, both countries will jointly develop 'huge oil reserves' in
