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Trump Says US to Hike India’s Tariffs Over Russian Oil Buys
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August 4, 2025
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1:09Now PlayingPresident Donald Trump said he would be “substantially raising” the tariff on Indian exports to the US over the Asian nation’s purchases of Russian oil, a move New Delhi slammed as unjustified in an escalating fight between the two major economies.
“India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits,” Trump wrote on social media Monday. “They don’t care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA.”
Trump did not say by how much he would increase the levy. Last week, he announced a 25% rate on Indian exports and vowed more duties if India continued to buy oil from Russia.
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