Now Reading: RSS economic wing urges boycott of US firms over Russian oil tariff threat
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RSS economic wing urges boycott of US firms over Russian oil tariff threat
RSS economic wing urges boycott of US firms over Russian oil tariff threat
The Swadeshi Jagaran Manch, the RSS's economic wing, has asked Indians to boycott US companies and urged the government to impose a unilateral ban on US tech and social media firms. The…
The Story in Brief
The Swadeshi Jagaran Manch, the RSS's economic wing, has asked Indians to boycott US companies and urged the government to impose a unilateral ban on US tech and social media firms. The move is in response to US Senate legislation that authorises President Donald Trump to impose tariffs of up to 100% on countries, including India, that buy significant amounts of Russian oil. India was named a target economy in the bill, which spares European allies.
SJM national co-convener Ashwani Mahajan said India's energy purchases are a sovereign right and cannot be dictated by a third country. He called the tariff threat "unilateral economic coercion" and said trade negotiations must be based on mutual respect. The statement comes ahead of RSS chief Mohan Bhagwat's visit to the US and Canada.
The Indian Opinion
The SJM is right that India must guard its energy sovereignty, but its call for unilateral bans on US tech firms risks a trade war New Delhi can ill afford. Negotiations are underway for a bilateral trade deal; threatening retaliatory bans before those talks bear fruit is premature. The real test will be whether India can secure a favourable trade pact without buckling on oil purchases, or inviting tariffs that hit exports.
Source: hindustantimes.com
This story was synthesised by AI from the source linked above.
