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Jaishankar Defends Russian Oil Buys, Sets 'Red Lines' for IndiaU.S. Trade Talks

A second 25% duty tied to Russian oil takes effect Aug. 27, intensifying pressure on negotiations.

External affairs minister S Jaishankar speaks during a meeting with Russia's Foreign Minister Sergey Lavrov, in Moscow.
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EAM Subrahmanyam Jaishankar spoke about the trade ties between India and the US amid Donald Trump's 50% tariff threat.

Overview

  • India’s foreign minister said energy purchases serve national and global interests, telling critics not to buy from India if they object.
  • He accused the U.S. of double standards for not applying the same arguments to China and Europe, the largest buyers of Russian energy.
  • A 25% tariff on Indian goods has been in force since Aug. 7, with an additional 25% penalty linked to Russian oil scheduled for Aug. 27.
  • Jaishankar said talks with the U.S. remain active but non‑negotiable protections for farmers and small producers will stand.
  • His remarks followed meetings with Putin and Lavrov in Moscow as Russia courts India, while former U.S. officials including John Kerry and John Bolton warned the tariff strategy could damage the partnership.