Now Reading: Trump aide: Modi, Trump will resolve Russian oil tariff row
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Trump aide: Modi, Trump will resolve Russian oil tariff row
White House trade adviser Peter Navarro said on Tuesday that President Donald Trump and Prime Minister Narendra Modi have a “very good working relationship” and will resolve the issue of threatened US…
The Story in Brief
White House trade adviser Peter Navarro said on Tuesday that President Donald Trump and Prime Minister Narendra Modi have a “very good working relationship” and will resolve the issue of threatened US tariffs on Indian purchases of Russian oil. Navarro spoke days after the US Senate passed a bill that would allow Trump to impose tariffs of up to 100% on imports from the top five buyers of Russian crude.
Navarro repeated his criticism that India only got heavily involved in the Russian oil trade after the 2022 invasion of Ukraine, calling it a “war machine”. However, he claimed the issue has now been resolved, partly crediting an op-ed he wrote in the Financial Times. India has maintained that its energy purchases are driven by market conditions and national requirements.
The Indian Opinion
Navarro’s softer tone is welcome, but the threat of 100% tariffs on Indian goods remains very real. The narrative that India is a profiteer from Russia’s war ignores that its energy needs are genuine and that it bought Russian oil long before the invasion. Yet India’s sale of refined products to Europe does complicate the picture. The real test: will New Delhi quietly cap its Russian crude purchases in exchange for a tariff waiver, or will Trump test his working relationship with Modi?
Sources (3): ndtvprofit.com, timesofindia.indiatimes.com, thehindu.com
This story was synthesised by AI from the 3 sources linked above.
