After Trump's tariff threat, Russia defends India’s right to select trade partners
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Take your experience further with Premium access. Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only BenefitsRussia on Tuesday said sovereign countries have the right to select their partners in trade and economic cooperation based on their interests, a day after President Donald Trump threatened to "substantially" raise US tariffs on India for buying Russian oil.
"We believe that sovereign countries must have and do have the right to choose their trade partners, the partners in trade and economic cooperation, on their own and independently determine those modes of trade and economic cooperation that suit the interests of a country in question," Kremlin Spokesman Dmitry Peskov told journalists, commenting on the US threats regarding India.
President Trump on Monday said he would "substantially" raise US tariffs on India, accusing it of buying massive amounts of Russian oil and selling it for big profits.
Hours later, India mounted an unusually sharp counterattack on the US and the European Union for their "unjustified and unreasonable" targeting of New Delhi for its procurement of Russian crude oil.
Firmly rejecting the criticism, India pointed out the double standards in targeting it on the issue and said both the US and the EU are continuing their trade relations with Russia.
"Unlike our case, such trade is not even a vital national compulsion," the Ministry of External Affairs (MEA) said in a statement.
The Europe-Russia trade includes not just energy, but also fertilisers, mining products, chemicals, iron and steel, and machinery and transport equipment, the MEA said.
"Where the US is concerned, it continues to import from Russia uranium hexafluoride for its nuclear industry, palladium for its EV industry, fertilisers as well as chemicals," it added.
"In this background, targeting India is unjustified and unreasonable. Like any major economy, India will take all necessary measures to safeguard its national interests and economic security," the MEA said.