Trump Threatens Tariff Increase on India Amid Trade Tensions

According to BlockBeats, U.S. President Donald Trump threatened on August 4 to significantly raise tariffs on India. Reports from British media outlets, including Reuters and Sky News, indicate that India has vowed to take all necessary measures to protect its national interests and economic security. A spokesperson from India's Ministry of External Affairs commented on the situation, stating that since the onset of the Russia-Ukraine conflict, India has faced scrutiny from the United States and the European Union for importing oil from Russia. The spokesperson explained that India began importing Russian oil because traditional suppliers redirected their exports to Europe following the conflict. At that time, the United States had even encouraged such imports to stabilize the global energy market. Additionally, the Kremlin criticized Trump's tariff threat, asserting that sovereign nations have the right to choose their trade partners and that forcing countries to sever trade relations with Russia is inappropriate.