{"id":34676,"date":"2026-01-05T18:04:21","date_gmt":"2026-01-05T18:04:21","guid":{"rendered":"https:\/\/ipp-news.com\/?p=34676"},"modified":"2026-01-05T18:04:21","modified_gmt":"2026-01-05T18:04:21","slug":"trump-warns-of-higher-tariffs-on-india-over-russian-oil-purchases","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=34676","title":{"rendered":"Trump warns of higher tariffs on India over Russian oil purchases"},"content":{"rendered":"<div>The United States could raise tariffs on India if New Delhi does not curb purchases of Russian oil, President Donald Trump said on Sunday, escalating pressure on the South Asian country as trade talks remain inconclusive.<\/p>\n<p>Trump said India could face higher tariffs over Russian oil purchases.<\/p>\n<p>Senator Lindsey Graham said US\u00a0pressure has reduced India\u2019s Russian oil imports.<\/p>\n<p>Certain Indian exports already face US\u00a0tariffs of up to 50%.<\/p>\n<p>Analysts warn India\u2019s ambiguous stance risks deeper trade fallout.<\/p>\n<p>\u201c(Prime Minister Narendra) Modi is a good guy. He knew I was not happy, and it was important to make me happy,\u201d Trump told reporters aboard Air Force One. \u201cThey do trade, and we can raise tariffs on them very quickly,\u201d he added.<\/p>\n<p>India\u2019s commerce ministry did not immediately respond to a request for comment.<\/p>\n<p>Market reaction<\/p>\n<p>Trump\u2019s remarks follow months of trade negotiations after the US\u00a0doubled import tariffs on Indian goods to 50% last year in response to heavy purchases of Russian oil.<\/p>\n<p>Indian markets reacted on Monday, with the information technology stock index falling about 2.5% to its lowest level in over a month, as investors worried that strained trade relations could further delay a US.-India trade deal.<\/p>\n<p>Read More: Second strike in Venezuela possible if govt does not cooperate: Trump<\/p>\n<p>US pressure<\/p>\n<p>Republican Senator Lindsey Graham, a close Trump ally traveling with him, said U.S. sanctions on Russian oil companies and higher tariffs on India had helped curb Indian oil imports.<\/p>\n<p>Graham is backing legislation to impose tariffs of up to 500% on countries, including India, that continue buying Russian oil.<\/p>\n<p>\u201cIf you are buying cheap Russian oil, (you) keep Putin&#8217;s war machine going,\u201d he said, adding that U.S. tariffs are designed to give the president leverage. Trump\u2019s actions, Graham said, were the main reason India was buying \u201csubstantially less Russian oil.\u201d<\/p>\n<p>Analysts warn of risks<\/p>\n<p>Trade experts caution that India\u2019s cautious approach could weaken its position. Ajay Srivastava, founder of trade think tank Global Trade Research Initiative, said Indian exports already face a 50% US\u00a0tariff, 25% linked to Russian crude purchases.<\/p>\n<p>\u201cAmbiguity no longer works,\u201d Srivastava said, urging India to clearly state its stance on Russian oil. He warned that even a full halt may not end U.S. pressure and that higher tariffs could trigger deeper export losses.<\/p>\n<p>Diplomatic caution<\/p>\n<p>Separately, India adopted a cautious diplomatic stance after the US\u00a0captured Venezuela&#8217;s President Nicolas Maduro on Saturday, urging dialogue without explicitly naming Washington.<\/p>\n<p>Despite steep tariffs, India\u2019s exports to the US jumped in November, though shipments fell more than 20% between May and November 2025.<\/p>\n<p>As New Delhi seeks a trade deal with Washington, the government has asked refiners to provide weekly disclosures of Russian and US oil purchases. Modi has spoken to Trump at least three times since the tariffs were imposed. India\u2019s commerce secretary met US\u00a0trade officials last month, but talks remain unresolved.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The United States could raise tariffs on India if New Delhi does not curb purchases of Russian oil, President Donald Trump said on Sunday, escalating pressure on the South Asian country as trade talks remain inconclusive. Trump said India could face higher tariffs over Russian oil purchases. Senator Lindsey Graham said US\u00a0pressure has reduced India\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-34676","post","type-post","status-publish","format-standard","hentry","category-english-news"],"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/34676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34676"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/34676\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}