Trump signals US may not impose secondary tariffs on India over Russian oil
New York (PTI): President Donald Trump has indicated that the US may not impose secondary tariffs on countries continuing to procure Russia crude oil.
There were apprehensions that additional secondary tariffs would have hit India in case the US decided to enforce them.
"Well, he (Russian President Vladimir Putin) lost an oil client, so to speak, which is India, which was doing about 40 per cent of the oil. China, as you know, is doing a lot…And if I did what's called a secondary sanction, or a secondary tariff, it would be very devastating from their standpoint. If I have to do it, I'll do it. Maybe I won't have to do it,” Trump said on Friday.
The US president made the remarks in an interview with Fox News aboard Air Force One en route to Alaska for a high-stakes summit meeting with Putin. The meeting concluded without any agreement on ending the Russia-Ukraine war.
On Wednesday, US Treasury Secretary Scott Bessent had said if “things don't go well” between Trump and Putin at the summit meeting, then secondary sanctions on India for purchasing Russian oil could go up.
In an interview with Bloomberg, Bessent said, “I think everyone has been frustrated with President Putin. We expected that he would come to the table in a more fulsome way. It looks like he may be ready to negotiate.”
“And we put secondary tariffs on the Indians for buying Russian oil. And I could see, if things don't go well, then sanctions or secondary tariffs could go up,” he added.
On whether sanctions can go up or loosened, Bessent had said, “Sanctions can go up, they can be loosened. They can have a definitive life. They can go on indefinitely.”
Trump imposed tariffs totalling 50 per cent on India, including 25 per cent for Delhi’s purchases of Russian oil that will come into effect from August 27.
Responding to the tariffs, the Ministry of External Affairs has said that the targeting of India is unjustified and unreasonable.
“Like any major economy, India will take all necessary measures to safeguard its national interests and economic security,” it said.
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Man found hanging at brother's house in Delhi's Jafrabad; suicide over matrimonial discord suspected
New Delhi (PTI): A 30-year-old man was found hanging at his residence in northeast Delhi's Jafrabad area on Thursday, with police suspecting that matrimonial discord may have driven him to take the extreme step, an official said.
Information was received from Lok Nayak Jai Prakash (LNJP) Hospital regarding a person who had been brought dead, he said.
During enquiry, the deceased was identified as Chand (30), a resident of Welcome area. Police said he was staying with his brother at a house in Jafrabad where he was allegedly found hanging.
According to police, Chand was first taken to Jag Pravesh Chandra Hospital by family members after they found him in an unconscious state, and was declared brought dead.
The family later shifted him to LNJP Hospital seeking a second medical opinion, where doctors again declared him dead, police said.
Police said the body has been sent for post-mortem to ascertain the cause of death.
During preliminary verification, it came to light that Chand was facing matrimonial issues. His wife had reportedly left him and shifted to her parental home following disputes between the couple, police said, adding that the angle is being examined as part of the investigation.
Crime and forensics teams were informed and necessary legal proceedings are underway, police said.
