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White House Trade Advisor Peter Navaro made this statement while talking to the media on Thursday.
Peeter Navaro, a trade advisor of US President Donald Trump, has accused India of profiteering by purchasing oil from Russia.
Talking to the media on Thursday, Navaro said that India is buying crude oil from Russia at cheap prices, Indian companies are refining it and selling it in the world at an expensive price. He said that Russia is getting money for Ukraine war, while India is earning profits.
He said that they sell us by selling goods and buy Russian oil, so that oil companies earn a lot of money. Therefore it is necessary to apply tariffs.
However, he also said that the path of peace of war goes through India. Navaro said,
Extra 25% tariff on India by buying Russian oil
Trump has imposed an additional 25% tariff on India due to purchasing Russian oil, will be applicable from August 27.
Earlier, Trump has imposed 25% tariffs on India in July, so that in the coming days, 50% tariff will have to be given in the US on import of Indian goods.
Famous economist Jeffrey Sachs has criticized America’s decision to impose heavy tariffs on India. He has said that this decision is full of loss to US foreign policy.
Earlier, former US Ambassador Nikki Haley warned that it would be a strategic mistake if the decline in the US-India relationship was not stopped.
Haley warned that if the trust is broken then 25 years of hard work will be spoiled. He said that it is necessary to consider India as democratic and important partners. Read full news here …
India has already rejected American allegations
India has already rejected American allegations that promote Ukraine war. On Thursday, Foreign Minister Jaishankar in Russia said during a press conference that India is not the biggest buyer of Russian oil, but China.
Jaishankar further said-
India is getting 5% discount on Russian oil purchase
Russian diplomat Roman Babushkin in India had said on August 20 that India is getting about 5% discount on Russia’s crude oil. ,
India is the largest buyer of Russian oil after China. Before the Ukraine War, India used to import only 0.2% (68 thousand barrels per day) from Russia. By May 2023 it increased to 45% (2 million barrels per day), while India is buying 17.8 lakh barrels of oil from Russia every day from January to July in 2025.
For the last two years, India has been buying more than $ 130 billion (Rs 11.33 lakh crore) every year.
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Read this news related to tariffs …
China in support of India against American tariff: Chinese ambassadors said- Dabangi will increase if he remains silent, not India-China rival, not partners
Chinese Ambassador Shoo Fihong on Thursday condemned 50% of the US tariffs imposed on India. He said in a program held in New Delhi that China strongly opposed it. Read full news here …
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