By Admin 
US India trade tension: The trade tensions between India and America are showing no sign of abating. Just last week, an Indian delegation returned from Washington. Which was led by Commerce Secretary Rajesh Aggarwal. He informed that trade talks between the two countries have been positive.
At the same time, on Monday, US President Donald Trump has given a strict warning saying that if India does not stop buying crude oil from Russia, it will have to face heavy tariffs. He also compared India with Hungary. Trump said that Hungary is trapped because it is also dependent on the pipeline of the same country.
What does Trump have to say?
While talking to reporters in Air Force One on Monday, Trump said, I have spoken to Prime Minister of India Modi. He told me that India will not do crude oil deals with Russia. However, when the Indian Central Government said that there was no such thing. To this, Trump replied that, if India wants to buy crude oil from Russia, then it should be prepared for heavy tariffs and I do not think that they would want that.
Donald Trump told during a lunch at the White House with Ukrainian President Vladimir Zelensky that India fulfills 38 percent of its oil needs from Russia, but now India is retreating from this step. The US President is threatening huge tariffs on India. America has already imposed 50 percent tariff on India. On one hand, trade talks are going on between the two countries. At the same time, due to this statement of Trump, there may again be severe turmoil in the market.
India has replied
India has given its response on many forums regarding the American tariff and its continuous pressure. The central government said that its energy policy is completely based on the interests of the country. The Indian government wants to protect its citizens from fluctuations in global oil prices. India does not want to make itself dependent on any one country by purchasing oil from different countries. So that, in future, there will be no dependence on any one country and the import of oil in the country will continue continuously.
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