President Donald Trump on Oct. 19 said that India will continue to face “massive tariffs” if it keeps buying Russian oil.
Trump added that if India does not adhere to this, “then they'll just continue to pay massive tariffs, and they don’t want to do that.”
Last week, the U.S. president said that India had pledged to stop purchasing oil from Russia, saying Modi had given the assurance on Oct. 15.
“That’s a big stop,” Trump told reporters in the Oval Office during a press conference on Oct. 15. “Now [I’ve] got to get China to do the same thing.”
Writing in an Aug. 6 executive order, Trump said that the Indian government is “currently directly or indirectly importing Russian Federation oil.”
Russia’s Trading Partner
In recent years, India has become one of Russia’s most important trading partners, with annual bilateral trade rising to nearly $69 billion. The rapid increase in trade has been fueled primarily by energy purchases.Experts at the Observer Research Foundation think tank estimate that India accounts for more than one-third of Russia’s crude exports, behind China’s 50 percent share.
Pressure on International Partners
The Trump administration has also sought to put pressure on other nations, including those in Europe.During a summit of Ukraine’s allies, Trump said that Russia earned around 1.1 billion euros ($1.28 billion) from fuel sales to the European Union over the past year, revenue that the U.S. president said was helping to sustain the military campaign.
U.S. Treasury Secretary Scott Bessent told the group that they should join the United States in imposing secondary tariffs on countries that purchase oil from Russia, according to a statement by Bessent and U.S. Trade Representative Jamieson Greer.
“Only with a unified effort that cuts off the revenues funding [Russian President Vladimir] Putin’s war machine at the source will we be able to apply sufficient economic pressure to end the senseless killing,” Bessent and Greer said in the statement.






