India hits back at Trump's latest threat over Russian oil imports, calls move 'unjustified and unreasonable'

India hits back at Trump's latest threat over Russian oil imports, calls move 'unjustified and unreasonable'

New Delhi:

India has strongly responded against US President Donald Trump's warning to "substantially" raise tariffs on India in response to New Delhi's ongoing oil trade with Russia. In a firm and unequivocal statement issued on Monday, the Ministry of External Affairs described the warnings both "unjustified" and "unreasonable," asserting that India's energy decisions are guided by national interest and global realities, not political alignments. The sharp response from New Delhi came just hours after President Trump accused India of "buying massive amounts of Russian oil and selling it on the open market for big profits." He also vowed to raise tariffs as a form of punishment. The MEA's remarks followed Trump's signing of an executive order on August 1 titled "Further Modifying the Reciprocal Tariff Rates," which imposed a 25% duty on a range of Indian goods.

India defends Russian oil imports

Defending its position, the MEA emphasised that India’s crude oil imports from Russia are a practical response to volatile global market conditions. The statement made it clear that the purchases are driven by economic necessity rather than any political support for Moscow. "India will take all necessary measures to safeguard its national interests and economic security," the MEA asserted. It also highlighted the apparent double standards, noting that both the United States and the European Union continue to engage in trade with Russia, including in energy and critical commodities, despite their vocal opposition to the Ukraine conflict.

"India has been targeted by the United States and the European Union for importing oil from Russia after the commencement of the Ukraine conflict. In fact, India began importing from Russia because traditional supplies were diverted to Europe after the outbreak of the conflict. The United States at that time actively encouraged such imports by India for strengthening global energy markets stability," the MEA said in the statement. 

Read More Centre Proposes IT Rules Amendment to Enable Blocking of Independent News Creators

MEA flags West's double standards

The Ministry of External Affairs also highlighted what it described as "double standards" by the West, pointing out that the European Union's trade with Russia in 2024 has been far more than India's. Citing data, the MEA noted that EU imports of Russian Liquefied Natural Gas (LNG) reached a record 16.5 million tonnes this year. The United States, too, continues to import critical commodities from Russia, including uranium, palladium, and fertilisers, it added. 

Read More Global Conflicts Underscore Need for Strong Navy, Says Vice Admiral Tarun Sobti at NGOPV Launch

India's own oil imports from Russia have surged significantly, from just 0.2% of total imports before the Ukraine conflict to over 35% in recent months, making Russia India’s largest oil supplier. The MEA explained that this shift was driven by market dynamics, particularly after Middle Eastern suppliers diverted large portions of their exports to Europe in response to the war. 

Read More Indian LPG Tankers Reach Home Safely Amid Iran War Shipping Chaos

US imposes 25% tariff on Indian exports

Earlier, the White House confirmed that Trump had signed an executive order imposing a 25% tariff on Indian goods, as part of a broader set of duties on exports from various countries. The move comes amid Trump’s criticism of what he calls India’s “massive” trade surplus with the US and “obnoxious” non-tariff trade barriers. "India is our friend, but we’ve done relatively little business with them because their tariffs are far too high, among the highest in the world," Trump said last week. “They also have the most strenuous and obnoxious non-monetary trade barriers of any country," he added. 

Tags:

About The Author

Aryan Age Picture

Welcome to Aryan Age, an English newspaper that has been serving readers since 2011 from Delhi. With a loyal circulation of over 19,000, we are dedicated to providing our readers with the latest news and information, as well as insightful analysis and commentary that help them navigate the complex and rapidly changing world.

Post Comment

Comment List

Latest News

Live Cricket Score

Advertisement

Science & Tech

 PM Narendra Modi Highlights Civilisational Legacy at Samrat Samprati Museum Inauguration in Gandhinagar PM Narendra Modi Highlights Civilisational Legacy at Samrat Samprati Museum Inauguration in Gandhinagar
Prime Minister Narendra Modi inaugurates the Samrat Samprati Museum in Gandhinagar, highlighting Jain philosophy, India’s civilisational identity, and the role...
Bengal’s Naxalbari Movement: Genesis Of Maoist Menace And Its Enduring Legacy

Health

Coffee-Based Home Remedies Gain Ground as Dermatologists Highlight Natural Skincare Benefits Coffee-Based Home Remedies Gain Ground as Dermatologists Highlight Natural Skincare Benefits
A growing number of dermatologists are endorsing coffee-based home remedies as natural, affordable alternatives to commercial skincare. From face scrubs...
Moringa’s Rise as a Global Superfood Gains Momentum Amid New Research

Lifestyle

 Food Pharmer Sparks Nationwide Debate Over Cheeslings Ingredients, Raises Questions on Food Safety Standards Food Pharmer Sparks Nationwide Debate Over Cheeslings Ingredients, Raises Questions on Food Safety Standards
Food influencer Revant Himatsingka, known as Food Pharmer, has sparked nationwide debate after revealing Cheeslings’ low cheese content and high...
From Gym Floor to City Streets: The Unexpected Revival of the Lopifit Treadmill-Bike
crossorigin="anonymous">