Trump plans Russia penalty for India in addition to 25%in-house blocks
Trump plans Russia penalty for India in addition to 25%in-house blocks
President Donald Trump increases the pressure on India and questions the prospect of a trade deal with an important US partner just a few days before his customs period.
Trump criticizes India's trade barriers
In two Social-Media-Posts On Wednesday the trade barriers grabbed and Directly focused on the continued dependence on India on Russian oil purchases and military technology. He confirmed his to all Indian imports, and terminated an additional "punishment" based on the energy purchases in India an.
The assessment of trade relationships
"Remember while India is our friend, we have done relatively few business with them over the years because their tariffs are far too high, the highest in the world, and they have the most strictest and uncomfortable non-monitor trade barriers of all countries," wrote Trump on Truth. "In addition, they have always bought most of their military technology from Russia and together with China are the largest buyer of energy from Russia, while everyone wants Russia to stop killing in Ukraine - all of these things are not good!"
setback for India
For India, this marks a considerable setback in a month -long effort to secure a deal that the officials believed on several occasions that he was about to finish. Highest trade officers have been traveling between Washington and New Delhi for months to achieve a final agreement. But the latest trade agreements with Japan and the European Union have strengthened Trump in the last days before the customs period on August 1st, say officials.
market access obligations in the focus
Trump's ability to secure obligations for the market access of American manufacturers has turned out to be particularly important when Trump checked the designs of offers in the past few days. This has created a considerable obstacle to the prospects for an agreement with India, an official to CNN. "You are ready to go part of the way," said the official. "But the president is not in the mood for 'part of the way' - he wants the barriers to be removed completely or as close as possible."
punishment against Russia and their effects
At the same time, Trump has increased his threat of imposing secondary sanctions against Russian energy exports, in response to President Vladimir Putin's refusal to de -escalate attacks on Ukraine. This dynamic, which has been weighed under various governments for years, would particularly affect India and China because these countries buy most of the Russian energy products.India's oil imports from Russia
India's oil imports from Russia have increased this year because Russia is still the largest supplier for the most populous nation in the world. Russia is about 35% of India's total deliveries, followed by Iraq, Saudi Arabia and the United Arab Emirates. CNN contacted the White House to get more information about the type of punishment and whether India is given an official letter from the United States to collect customs.
Trump's ultimatum and the reactions of the international community
Am Dienstag erklärte Trump gegenüber Reportern, dass Indien 25% Zölle zahlen werde, wenn bis zum 1. August kein Deal erzielt wird. When determining a 50-day period for Russia to achieve an armistice, Trump announced that countries who buy Russian oil should expect secondary sanctions. This period has meanwhile been moved to August 8th.
In discussions with her international colleagues,Trump's civil servants signal that the president is serious and there is no freedom of negotiation. Finance Minister Scott Bessent announced on Tuesday that he sent this message to his Chinese counterpart directly during the trade talks in Stockholm. "I think anyone who buys sanctioned Russian oil should prepare for it," said Bessent at a press conference at the end of the talks.
Like an analysis of the Russian fossil exports and sanctions of the Center for energy and clean Air shows that India remains the second largest buyer of Russian fossil fuels to China.
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