Ukraine war
USA occupies India for Kremlin shops with new tariffs
Shortly before the end of a deadline that US President Trump put Kremlin chief Putin, he puts pressure on other tariffs against Russia’s important trading partners India.
President Donald Trump’s US government is taking on India with additional tariffs because of its oil transactions with Russia. The new taxes of 25 percent should come into force 21 days after today’s signing of the corresponding decree, according to the republican’s arrangement. He could also have created a buffer in order to achieve a deal with India by August 27th.
With the additional 25 percent, the sentence for India would double to a total of 50 percent at the end of August. According to the US government, the first 25 percent are already taking place on Thursday night (00:01 am local time)-they belong to a customs package against dozens of other countries.
With the step, the US President wants to further weaken the economic basis of the Kremlin by increasing large buyers in the energy sector such as China and India. Russia has been waging a war against its neighboring country Ukraine for more than three years and keeps his war machine running, especially with the sale of its raw materials, of which fossil fuels such as oil and gas.
US envoy Witkoff was in Moscow
Trump had repeatedly threatened with higher tariffs in connection with the Russian attack war against Ukraine, but has so far not been given any specific figures.
On Tuesday last week (July 29), the US President set a period of ten days and asked for a ceasefire between Moscow and Kiev during this period. If this does not come about, he announced sanctions against Russia’s trading partner. Trump’s announcement against India falls on the day when his US specialist Steve Witkoff had talks in Moscow.
India buys a lot of Russian crude oil
Russian commentators said Witkoff had just left when Trump’s announcement. Apparently the negotiations would not have led to any results. However, it was considered extremely unlikely that Putin was involved in the war ended by Trump. He always emphasized that he wanted to reach all war goals.
In June, after China, India was the second largest buyer of Russian fossil fuels, and was bought worth 4.5 billion euros. According to energy experts from the independent research organization CREA, crude oil accounted for 80 percent or 3.6 billion euros. The country receives the oil and other energy sources at significant discounts, below the world market value.
Central trading partner of the USA
India was one of the most important trading partners in the United States in 2024. The most exported goods from the United States to India included oil and gas, while the South Asian country in particular imported medicines.
dpa
Source: Stern
I have been working in the news industry for over 6 years, first as a reporter and now as an editor. I have covered politics extensively, and my work has appeared in major newspapers and online news outlets around the world. In addition to my writing, I also contribute regularly to 24 Hours World.
