Politics New US tariffs against India over Kremlin business in force
The new US tariffs on imports from India due to its oil deals with Russia have come into force. As of Wednesday, the United States is imposing an additional 25 percent surcharge on products from the South Asian country, according to a document in the US Federal Register. US President Donald Trump ordered the move at the beginning of August. This doubles the tariff imposed on India under Trump's administration to 50 percent.
27.08.2025, 16:14
SDA
Trump wants to further weaken the Kremlin's economic base with the new tariffs. In June, India was the second-largest buyer of Russian fossil fuels after China. Russia has been waging a war of aggression against Ukraine for more than three years and keeps its war machine running primarily by selling its raw materials, especially fossil fuels such as oil and gas.
Russia continues to supply oil to India
According to Moscow, Trump's announcement of the tariffs has so far failed to achieve its goal. "We continue to supply fuel (to India), including crude oil and oil products, thermal and metallurgical coal," said Russia's 1st Deputy Prime Minister Denis Manturov recently at a joint Russian-Indian government meeting. He also saw potential in the expansion of exports of liquefied natural gas, he added.
Just last week, India's Foreign Minister Subrahmanyam Jaishankar visited Moscow and was received in the Kremlin by President Vladimir Putin. There are media reports that India wants to cut back on Russian oil supplies. Officially, however, Delhi has repeatedly emphasized that it will continue to source its raw materials from wherever they are cheap. Russia has to sell its oil at a discount - partly due to Western sanctions.
India is also an important trading partner for the USA
India was one of the United States' most important trading partners last year. Oil and gas were among the most exported goods from the USA to India.
