Dawn
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07:29 Jan 05, 2026
The United States could raise tariffs on India if New Delhi does not meet Washington’s demand to curb purchases of Russian oil, US President Donald Trump told reporters aboard Air Force One. “Modi is a good guy. He knew I was not happy, and it was important to make me happy,” Trump said on Sunday. “They do trade, and we can raise tariffs on them very quickly,” Trump said in response to a question on India’s Russian oil purchases. India’s commerce ministry did not immediately respond to a request for comment. The US doubled import tariffs on Indian goods to 50 per cent last year as punishment for its heavy buying of Russian oil. Despite the hefty tariffs, India’s exports to the US leapt in November. Encouraged by the improved trade data, Indian officials have maintained a firm stance against US trade demands, signalling limited flexibility in areas such as agricultural imports, while data shows India’s oil purchases from Russia have declined. India is asking refiners for weekly disclosures of Russian and US oi...