Reference News Network August 2 report - According to the website of Singapore's "Lianhe Zaobao" on August 2, U.S. President Trump said on August 1 that he heard that India "will no longer buy oil from Russia."
Trump signed an executive order on July 31 to impose reciprocal tariffs of 10% to 41% on trade partners around the world, with Indian goods exported to the United States being subject to a 25% tariff.
On July 30, Trump said on the social media platform "Truth Social": "Although India is our friend, our trade with them has been relatively limited over the years because their tariffs are too high, ranking among the highest in the world, and their non-monetary trade barriers are also the strictest and most annoying among all countries."
Trump also said that the United States will impose "penalties" on India for purchasing Russian weapons and energy products.
According to the website of "The Times of India", although Trump claimed that India has stopped importing oil from Russia, Indian government sources have confirmed that Indian refining companies continue to purchase Russian crude oil, which is decided by economic factors such as price and transportation.
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