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Secondary India Tariffs to Pressure Russia: Vance
Financial Express Lucknow
|August 25, 2025
US Vice President JD Vance on Sunday said President Donald Trump has applied "aggressive economic leverage" such as secondary tariffs on India to force Russia to stop bombing Ukraine.
Vance was speaking during an exclusive interview on NBC News when he also said the step would "make it harder" for the Russians to get rich from their oil economy.
The Trump administration has been highly critical of India for its procurement of discounted crude oil from Russia. Interestingly, Washington has not been criticizing China, the largest importer of Russian crude oil.
India has been maintaining that its energy procurement, including from Russia, is driven by national interest and market dynamics.
Dit verhaal komt uit de August 25, 2025-editie van Financial Express Lucknow.
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