By Admin 
US President Donald Trump has indicated immediately after imposing a baseline tariff up to 50% on India that the next round of secondary sanction may also start soon. After the announcement of imposing 25% additional tariffs on India 8 hours ago, Trump replied on the question of a journalist and said that it has been only 8 hours. Keep watching what happens… You will get to see many secondary selections.
US President Donald Trump’s statement has come in terms of buying Russian oil from India. The Trump administration has directly linked it to the funding of Ukraine War and described it as a threat to America’s national security. When a journalist questioned Trump that China also buys Russian oil, then India was targeted, then Trump gave clear indication that we are considering implementing secondary sanctions on India, such can be implemented on many other countries, among them one can also be one of them.
Tariff is already applicable to India
US President Donald Trump statement came at a time when he announced 25% of additional tariffs on India, which would be applicable from August 27. Earlier on July 30, 25% tariff was announced, which came into force from 7 August. It is a clear indication that America is now adopting a kind of geopolitical pressure policy, not just a trade war, in which secondary selections can be an important weapon.
India’s Status Energy Safety versus global pressure
On the matter, the Ministry of External Affairs also clarified that import of crude oil is a market -based decision, which aims to meet the energy needs of 140 crore citizens. Describing the move as an inappropriate, unjust and baseless, India said that many other countries of the world are buying oil from Russia in view of their national interests, so why is India being targeted only? This statement shows that India is not only maintained on its decisions, but is not ready to come under pressure.
What are secondary selections?
Secondary selections are the restrictions that the US imposes on countries, companies or institutions that make commercial or financial transactions with the already banned country (eg Russia, Iran etc.). Their aim is to make the country financially isolated by intimidating the third party. Creating diplomatic pressure and re -establishing American power in global trade. If Trump puts secondary selection on India, then it can have an impact on India’s oil companies, banks and even shipping industry.
Also read: The easier it looks, the more it is, the big game in Trump’s tariff, know what India has options