Trump’s Oil Gambit: 50% Tariff Slams India, China on the Horizon
Former US President Donald Trump on August 6, 2025, imposed a 50% tariff on Indian oil imports from Russia. He cited India’s substantial purchases, drawing parallels to China.
Trump’s move escalates trade tensions, threatening further sanctions against both nations. He explicitly hinted at additional tariffs targeting China for similar reasons.
The Ministry of External Affairs (MEA) in India swiftly condemned the tariffs, describing them as unfair and unwarranted. The MEA reiterated India’s commitment to safeguarding its national interests.
This aggressive trade action by Trump throws a significant spanner in the works of India’s energy security strategy. The implications for fuel prices and India’s economic growth warrant close monitoring in the coming weeks. The government’s response will be crucial in mitigating potential damage and ensuring a stable energy supply.
