US warns of possible tariff hike over India’s Russian oil imports
The United States has warned it may raise tariffs on Indian goods if India does not reduce its purchases of Russian oil, as trade talks between the two countries continue.
| Updated: 05 Jan 2026
The United States has warned that it could increase tariffs on goods imported from India if the country does not cut back on its purchases of Russian oil.
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The warning comes amid ongoing discussions between the two countries aimed at easing trade tensions.
India has responded by saying that its imports of Russian oil are already declining.
Both countries say negotiations are ongoing, with efforts focused on addressing concerns while keeping trade relations on a stable footing.