By Admin 
There is a situation of tension between India and America. US President Donald Trump has imposed 50 percent tariff on India. On the other hand, there is some softness towards China. Trump is angry with India and the reason is to buy oil from Russia. Trump’s Foreign Minister Marco Rubio has reacted to this matter. He explained why China has been relaxed. Rubio on Sunday (17 August) ,Fox News, Talking to, he said that if China is banned, problems can increase globally.
Along with India, China also buys oil from Russia, but America has not imposed a secondary tariff on it. At the same time, a total of 50 percent tariff has been imposed on India. US Secretary of State Rubio says that most of the oil that China buys from Russia is being sold in the world market after refining. If the tariff on China is increased in such a situation, then the price in the global market will increase directly.
Why will the price of oil be increased
Rubio, while talking on the price of oil, said, “If a secondary tariff is imposed on China, the oil price will increase.” China will first refine oil and then sell in the global market. The person buying this oil will pay a higher price. If he does not get oil from here, he will find another option. ” Rubio also said that European countries will not be happy about this policy. He said, “European countries are unhappy with the proposal to impose 100 percent tariff on China. We discussed this bill in the Senate. ”
Trump tariffs on India 25 to 50 percent
US President Trump warned India to buy oil from Russia. He had said that if India does not change its attitude, the tariff will be increased. India was not ready for this. For this reason, Trump increased the tariff from 25 to 50 percent. On the other hand, a soft attitude towards China has been adopted.