Trump strikes India with an additional 25% rate to buy Russian oil

President Donald Trump published an executive decree on Wednesday by hitting India with an additional 25% rate on his Russian oil purchases.

This will increase the total price on Indian imports to the United States to 50%.

The new rate must be “in force with regard to the goods entered for consumption or withdrawn from the warehouse for consumption, at 12:01 p.m., Eastern day time 21 days after the date of this order,” said the decree.

The American president had previously warned that he would increase the samples, saying that India “does not care about the number of people in Ukraine killed by the Russian war machine”.

“The actions of the Russian Federation in Ukraine are a continuous threat to the national security of the United States and foreign policy, requiring stronger measures to combat the national urgency,” said a white house statement.

“Importing India from the Russian Federation of the Federation of the Federation to counter the harmful activities of Russia.”

New Delhi had previously called Trump’s threat to lift prices on his “unjustified and unreasonable” oil purchase.

In a previous statement, a spokesperson for the Indian Ministry of Foreign Affairs, Randir Jaiswal, said the United States had encouraged India to import Russian gas at the start of the conflict, “to strengthen the stability of global energy markets”.

He said India “began to import Russia because traditional supplies have been diverted to Europe after the conflict was triggered”.