Aug. 5 (UPI) -- U.S. President Donald Trump has threatened India with increased tariffs over its purchase of Russian oil amid Moscow's war in Ukraine.
The American president issued his threat Monday in a statement published on his Truth Social media platform, accusing Delhi of not only buying "massive amounts" of Russian oil, but selling much of it on the open market for "big profits."
"They don't care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the tariff paid by India to the USA," Trump said.
Trump has long seen tariffs as a tool to right trade deficits and as a bargaining tool. He has also started to use it as a punitive measure to retaliate against countries for taking actions he disagrees with.
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