Us President Donald Trump on China: The base tariff of 25 percent is already applicable over India by US President Donald Trump. Along with this, due to purchasing oil from Russia, India has been imposed an additional 25 percent tariff as a penalty, which will be effective from August 27. On the other hand, no action has been taken on China from the US so far. Both India and China from Russia are big buyers of oil. In such a situation, President Trump has given a big statement about China on Friday.

When will Panelty be applied on China?

He said that due to buying oil from Russia, there is no need to install tariffs immediately on countries like China and they can see the matter again in the next two-three weeks.

President Trump threatened to re -ban Moscow again, saying that if steps are not taken to end the Ukraine war, then first restrictions would be imposed on Russia and then the countries who buy oil from it. Significantly, Moscow’s largest buyers remain Asian countries, India and China.

Trump said- will consider in two to three weeks

In response to a question asked by Fox News, “Can you consider putting tariffs like India on China even after not getting meaningful results in the meeting held in Alaska with Russia?” – President Trump said that on the basis of a meeting with Putin, it would not be appropriate to take a decision to put a tariff immediately on China. This can be thought of in the next two-three weeks, but there is no need to consider it at the moment.

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Trump tarifs: India can now be overwhelming to buy oil from Moscow facing restrictions imposed by Western countries amid the Ukraine-Russia War. Currently, India is importing about 40 percent of its total needs from Russia. At a time when most of the countries of the world kept distance from Russia due to American threats and stopped buying oil from it, New Delhi and Beijing not only continued purchasing, but also ignored Washington’s warnings. Now this attitude to America is passing by Nivas. He has not only talked about imposing 25 percent tariffs, but has also threatened India for heavy fines.

President Donald Trump wrote on his social media platform ‘Truth Social’, “India is not only buying oil from Russia, but is also selling that oil at high profits in the open market.” He further said that “many innocent people are being killed in Ukraine with Russia’s weapons. In such a situation, India will have to increase the payment of American tariffs and charges.”

Why America is threatening?

However, this statement is not just an anger response. Trump’s threat to put heavy tariffs on India is not only related to the Russia-Ukraine War, but it is associated with America’s strategic energy policy, business interests and pressure diplomacy.

America is a major trading partner of India. Apart from this, America has also become the fifth largest oil export of India. In such a situation, the effect of increasing tariffs can affect areas like clothes, medicines, electronics and auto parts. Experts believe that Trump Tariffs are not used as a weapon, but as a well-planned strategy, giving a new direction to trade and energy partnership with India.

Why did Russia become India’s first choice?

After the commencement of Ukraine War, India has become the largest oil customer in Russia. Only between January to June this year, India bought more than 1.75 million barrels of crude oil from Russia daily, which is about 40 percent of its total need. Despite the criticism of America, this step of India proved to be very helpful in controlling domestic inflation.

What is the intention of America?

Trump’s strategy is actually to promote American oil exporters. According to the New York Times, recently American oil and gas sector have been given a tax package of $ 18 billion – which is a big sign of this intention. India is already an emerging customer buying oil from America. In the first half of this year, oil imports from the US increased by 50 percent. According to the US Energy Information Administration, India is currently importing 8 percent of its oil needs from the US.

What is the real trick?

India seems to be financially and strategically inconvenient to America to buy cheap oil from Russia. Trump’s threat is actually a political move to bow India on the terms of America and serve the interests of its oil exporters.

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