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CNBC Daily Open: Trump penalizes India for buying Russian oil — and he might not be done yet
India's set to face a 50% tariff over its purchases of Russian oil. That's now among the highest duties on any of the U.S.' trading partners.
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cnbc.com
Trump's penalty threat puts India in a bind over Russian oil
Despite U.S. President Donald Trump telling reporters Friday that he "heard" India would halt purchases, officials in New Delhi have pushed back.
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tass.com
Trump says he would increase tariffs on India for Russian oil import
The US president said that India is selling Russian oil on the open market "for big profits"
