The United States has placed a 50 percent tariff on Indian goods in response to India’s continued purchase of oil from Russia. JD Vance, the American Vice President, confirmed that this move by President Donald Trump is intended to pressure Russia. Vance stated that the tariffs are a form of ‘aggressive economic leverage’ aimed at hindering Russia’s ability to profit from its oil exports. He also expressed optimism about the US’s role in achieving peace in the Russia-Ukraine conflict, noting recent concessions from both sides. Vance emphasized the urgency of stopping the war, pointing to the significant loss of civilian lives, and drew a contrast between the Trump administration’s approach to Russia and the previous administration’s strategies. The tariffs were a direct consequence of India’s decision to purchase Russian crude oil.
US Sanctions India to Squeeze Russia: JD Vance on Trump’s Economic Strategy
World
1 Min Read
