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India’s set to face a 50% tariff after the White House announced an additional 25% levy on the South Asian country Wednesday over its purchases of Russian oil. That’s now among the highest duties on any of the U.S.′ trading partners.
New Delhi responded swiftly in a statement Wednesday, describing the U.S.′ decision to raise tariffs as “unfair, unjustified and unreasonable,” and that the country’s imports are based on market factors and to ensure energy security for its population.
Earlier on Monday, India’s Ministry of External Affairs called out what it says is selective enforcement in a statement, adding that “it is revealing that the very nations criticizing India are themselves indulging in trade with Russia.” It cited data that showed the EU’s trade was “significantly more” than India’s total trade with Russia.
And it seems that India isn’t the only country on U.S. President Donald Trump’s radar as he sets to punish countries that buy oil from Russia.
