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Trump rejected the draft trading agreement with India due to its purchases of Russian oil-WP


According to them, Rubio and GRIR tried to solve Washington’s diplomatic confrontation with New Delhi, but did not receive support from Trump.

As WP indicated, the central point of the trading agreement with India was the proposal of the Indian side to significantly reduce duties on American goods.

However, Trump refused to conclude a deal with India until she is obliged to reduce the purchases of Russian oil, the newspaper emphasized.

India became the main buyer of Russian oil since 2023, a year after the full-scale invasion of the country of aggressor of the Russian Federation to Ukraine, WP indicated. India buys Russian oil, having a huge discount, added the media. According to Reuters, India daily imports about 1.75 million barrels of raw oil from the Russian Federation by sea.

Context

On July 30, Trump announced duties for India because of her connections with the Russian Federation. He stated that from August 1, India will pay a 25 percent fee for all goods, as well as a “fine” for the purchase of military equipment and energy from Russia. On August 4, Trump said that he would “significantly” increase duties for India, accusing this country of “it does not care how many people in Ukraine die from the actions of the Russian military machine.” On August 6, he announced additional 25 percent duties for India, they will enter into force on August 27. Thus, now the total rate reaches 50%.

The US Foreign Ministry called the US attacks “unjustified” and promised to take measures to protect their interests. In India, they say that they are allegedly forced to buy Russian oil because of the situation in the world market, since after the start of a full-scale war to Ukraine traditional deliveries were redirected to Europe.

Indian Prime Minister Narendra Modi on August 7 said “is ready to pay a high price.” He talked about the protection of farmers and fishermen, but, obviously, we are talking about tariffs. NDTV explained that India exports a wide range of agricultural products in the United States, and this is one of the sectors that will be most affected by US tariffs. CNN calls the agricultural sector a vital part of the India economy. The Indian Prime Minister also called the illegitimate President of the Russian Federation Vladimir Putin to a friend.

During his speech at the Shanghai Cooperation Organization, Modi called for the speedy end of the Russian Federation against Ukraine, which he calls the “conflict.”

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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