The US president will only sign an agreement after India promises to reduce Russian oil extraction.
The relationships between India and the United States have deteriorated recently. The cause of the disagreement is not only trade misunderstandings, but also Russian oil purchases, “irrational and sometimes insulting” statements of American officials. US President Donald Trump has refused to continue negotiations until India has made concessions on this matter. The Washington Post reports this, citing three knowledgeable resources.
The confrontation between countries has tried to resolve state secretary Marco Rubio and the US representative in trade negotiations, Jamison Greire. In particular, they recently showed Trump’s choice for a trade agreement with India, but he rejected it.
According to one of the media interlocutors, Delhi has suggested that it significantly reduces the duties of American merchandise to withdraw claims in Washington, accusing India of an unscrupulous protection of its market.
However, Trump refused to approve the agreement until India promised to reduce Russian oil extraction, resources said.
As you know, Trump signed a decision on the introduction of 50% of the duties in importing Indian goods. The purpose of this step was the New Delhi’s penalty for the continuation of Russia’s oil purchase, which, according to Trump, was the Russian war against Ukraine.
India will not respond to doubling US duties – the media
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.