International

Trump May Hold Off Tariffs on India Over Russian Oil

U.S. President Donald Trump suggested that the United States may not immediately impose secondary tariffs on India for continuing to purchase Russian crude oil, despite recent moves targeting Indian exports. He indicated that such a decision could change in the coming weeks.

Trump Says India Is Out as Oil Client

Trump remarked that Russia has effectively lost India as an oil customer, pointing to India’s previous reliance on Russian imports. He noted that India earlier accounted for nearly 40 percent of Russian oil exports. Trump stated that imposing secondary tariffs now would be “devastating” for India, but added, “If I have to do it, I’ll do it. Maybe I won’t have to do it.” He left the door open for reconsideration in two to three weeks.

Tariff Actions and Context

Earlier this month, the U.S. introduced a 25 percent reciprocal tariff on Indian goods, which later rose to 50 percent, specifically linked to India’s continued purchase of Russian energy. The escalation has strained U.S.–India trade relations, with India maintaining that its energy imports are driven by national security needs rather than political motives.

What Comes Next

Trump’s statements following the Alaska summit give India a limited window to adjust its oil sourcing or diplomatic posture. The remarks signal a pause in pressure rather than a permanent shift, with the possibility of tougher measures returning depending on how global energy and diplomatic alignments evolve.

+ posts

Related Posts