On the one hand, Donald, who called India and the Prime Minister Narendra Modi a dear friend, is constantly threatening to raise tariffs. Russia, on the other hand, has come forward to defend India. At the same time, he is also giving a proper answer to America. Russia said on Tuesday that sovereign countries have the full right to choose their partners in trade and financial cooperation based on their interests. Russia has said this a day after US President Donald Trump's warning. Trump on Monday warned that he was going to increase US tariffs on India due to the purchase of crude oil from Russia.
Russia came forward
Commenting on US warnings about India, Russian government spokesman Dmitry Peskov told reporters, “We believe that sovereign countries should have the right to choose partners in their own trade partners, trade and economic cooperation based on their interests and to determine the ways of trade and economic cooperation.”
President Trump on Monday said he would significantly increase US tariffs on India. He also accused India of buying a large amount of Russian oil and selling it on big profits. A few hours after Trump's statement, India struck the US and the European Union for an unfair and unreasonable way to buy crude oil from Russia.
The European Union and the United States took strict action
India strongly rejected criticism and pointed to the ongoing trade relations between the US and the European Union with Russia and accused them of adopting double norms. The Foreign Ministry said that the import of India from Russia is to keep the price of energy for Indian consumers. The statement states that this (import) is a requirement, which has become compulsory due to the global market situation.
However, it is revealed that countries criticizing India themselves are involved in trade with Russia. It states that unlike our case, such trade is not even an important national responsibility. The Foreign Ministry said that Europe-Russia trade includes not only energy, but also fertilizers, mining products, chemicals, iron and steel and machinery and transportation equipment. The ministry said that as far as the United States is questioned, it continues to import uranium hexafloride from Russia, palladium, fertilizers and chemicals for its EV industry.
Russia made these allegations against America
Russia's Foreign Ministry spokesman Maria Zakharovarashia on Monday accused the US administration of adopting a nine-void policy against the global southern countries to maintain the dominance of Washington and expressed its desire to cooperate with these countries to build a real multilateral and similar world system. Considering sanctions as a regrettable reality of today's historic period, he said that America does not accept the loss of dominance in the emerging world system.
The spokesman said that the United States is following a nine-wave policy to maintain its position and adopts political tactics of economic pressure against those who refuse to comply with it in the international arena. Trump last week announced a 25 per cent custom duty on Indian imports, as well as a fine for buying oil and gas from Russia.
The alleged countries look at themselves, the government gave a strict answer to Trump's tariff threat, click here to read other news.
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