US President Donald Trump's statement, said- 'I have heard that India will no longer buy oil from Russia, that's good':

News Topical, Digital Desk : There is a lot of commotion going on between India and America regarding the trade deal and tariff. Meanwhile, US President Donald Trump, in response to a question from news agency ANI, said, "I understand that India will no longer buy oil from Russia. This is what I have heard, I don't know if it is true or not. This is a good step. We will see what happens."

Will impose 25 percent tariff on India: Trump

Earlier, Donald Trump has announced to impose 25% tariff on India and levy penalty from August 1. Trump explained the reason behind this, despite being a friend of India and America, India has never been very cooperative in terms of trade. India is one of the countries imposing the highest tariff in the world and the non-monetary trade barriers there are also very complex and objectionable. Trump said, this is the reason why trade transactions between America and India have been limited.

statement by donald trump

In a statement recently, Donald Trump said, 'Remember, India is our friend, but we have done relatively little trade with it in the last few years because its tariffs are very high, the highest in the world, and it has the most rigid and obnoxious non-monetary trade barriers of any country. In addition, it has always bought most of its military equipment from Russia, and along with China, it is Russia's largest energy buyer, that too at a time when everyone wants Russia to stop killing in Ukraine, everything is not fine! So India will have to pay 25% tariff and penalty for all of the above from August 1st. Thanks for looking into this matter.