5 months ago
2
The US imposed 25%tariffs connected India for buying Russian oil, but the Europeans signed a commercialized woody with New Delhi, Treasury Secretary Scott Bessent said arsenic helium emphasised that Europe is financing the "war" against itself by purchasing refined Russian lipid products from India.
U.S. President Donald Trump has worked to negociate a colony connected the Russia-Ukraine conflict, Mr. Bessent said, adding that the U.S. has made overmuch bigger sacrifices than the Europeans.
"We person enactment 25% tariffs connected India for buying Russian oil. Guess what happened past week? The Europeans signed a commercialized woody with India,” Mr. Bessent told ABC News Sunday (January 25, 2026).
"And conscionable to beryllium wide again, the Russian lipid goes into India, the refined products travel out, and the Europeans bargain the refined products. They are financing the warfare against themselves,” helium said, adding that nether Trump's leadership, “we volition yet end” the Russia-Ukraine war.
The Trump medication has imposed 50% tariffs connected India, including 25% for Delhi’s purchases of Russian oil. India and the European Union are acceptable to denote connected January 27 the decision of negotiations and finalisation of a escaped commercialized agreement, aimed astatine boosting economical ties betwixt the 2 regions amid disruptions successful planetary commercialized owed to U.S. tariffs. The talks started successful 2007.
European Commission President Ursula von der Leyen, who is presently successful India and was the Chief Guest astatine the 77th Republic Day celebrations successful New Delhi, has termed the EU-India FTA arsenic the “mother of each commercialized deals”.
