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Times of India·5 min read·medium

Trump, Modi have ‘very good’ ties, will resolve Russian oil tariff row: US official

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TOI BUSINESS DESK
Trump, Modi have ‘very good’ ties, will resolve Russian oil tariff row: US official
✦AI Summary

US Trade Adviser Peter Navarro stated that President Trump and PM Modi will resolve a dispute regarding potential US tariffs on countries purchasing Russian oil. The tension stems from India's increased trade with Russia following the 2022 invasion of Ukraine.

Why it matters

The situation underscores the complex geopolitical balancing act India faces in maintaining energy security while managing relations with the US.

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US President Donald Trump and Prime Minister Narendra Modi have a “very good working relationship” and will resolve differences over Washington’s threatened tariffs on countries buying Russian oil, White House Trade Adviser Peter Navarro said on Tuesday.Navarro’s comments came days after the US Senate passed a bipartisan bill that could allow Trump to impose tariffs of up to 100% on goods from major purchasers of Russian oil and gas, including India. The legislation seeks to increase economic pressure on Moscow by targeting countries whose purchases of Russian energy are seen as helping finance its war in Ukraine.Responding to an ANI question about the issue, Navarro said the dispute between Washington and New Delhi would be handled directly by Trump and PM Modi. “The president and your prime minister have a very good working relationship.

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