According to the English section of webangah News Agency, citing Mehr News Agency adn Anadolu, Peter navarro, senior trade and manufacturing advisor at the White House, asserted that if India halts its oil purchases from Russia, it could immediately receive a 25 percent tariff cut.
Navarro told Bloomberg, “It’s really simple. If India stops buying Russian oil and fueling Moscow’s war machine, they can get a 25 percent tariff reduction starting tomorrow.”
He claimed that when india buys discounted Russian oil and resells it globally, Moscow uses those revenues to fund its war efforts and inflict further deaths on Ukrainians.
The White House official accused Indian Prime Minister Narendra Modi of financing Moscow’s purchase of “drones and bombs to kill Ukrainians” through oil sales.
Referring to the peace process in Ukraine partially involving New Delhi, Navarro added: ”the truth is that India and China must stop buying Russian oil. Do this tomorrow, and the war will end. If countries simply stop buying Russian oil now, just wait a bit – you will see that Vladimir Putin no longer has money to fund this war.”
A 50 percent tariff imposed by then-President Donald Trump on Indian imports took effect yesterday. Earlier this month Washington applied an initial 25 percent tariff on New Delhi but increased it by an additional 25 percent as punishment for purchasing Russian oil – raising total tariffs to 50 percent.
According to the U.S. Trade Representative’s office, bilateral trade between India and the United States totaled $129 billion in 2024 so far. During this period Washington recorded a $45.8 billion trade deficit with New Delhi.
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