India considers the US actions to impose new tariffs unfair, unjustified, and unreasonable and will take all necessary measures to protect its national interests, Indian Foreign Ministry spokesman Randhir Jaiswal said on Wednesday.
"We reiterate that these actions are unfair, unjustified and unreasonable. India will take all actions necessary to protect its national interests," Jaiswal said in a statement.
Earlier in the day, US President Donald Trump signed an executive order imposing a 25% trade tariff on India in response to the country's purchase of Russian oil.
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US President Donald Trump on Wednesday ordered an additional 25 percent tariff on Indian goods over New Delhi’s continued purchase of Russian oil, a key revenue source for Moscow’s war in Ukraine.
ReplyDeleteThe tariff, set to take effect in three weeks, comes on top of a separate 25 percent duty entering into force on Thursday, according to the text of the executive order released by the White House.
The order also threatens potential penalties on other countries deemed to be “directly or indirectly importing Russian Federation oil.”