Trump says he will 'substantially' raise tariffs on India over Russian oil purchase
New York/Washington, Aug 4 (PTI): President Donald Trump on Monday said he will "substantially" raise US tariffs on India, accusing the country of buying massive amounts of Russian oil and selling it for big profits.
"India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits," Trump said in a social media post.
"They don’t care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA," he added.
Last week, Trump mounted a sharp attack on India and Russia for their close ties and said that the two countries can take their "dead economies down together", a remark which prompted New Delhi to say that India is the world's fastest-growing major economy.
The White House announced last week that India will face tariffs of 25 per cent after Trump issued an executive order listing the various duties that Washington will impose on exports from countries around the world.
Declaring that the US has a massive trade deficit with India, Trump had said that while “India is our friend, we have, over the years, done relatively little business with them because their tariffs are far too high, among the highest in the world, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any country.
"Also, they have always bought a vast majority of their military equipment from Russia, and are Russia's largest buyer of energy, along with China, at a time when everyone wants Russia to stop the killing in Ukraine — All things not good!” Trump had said.
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Gurugram: Four college students held for night-time thefts of car tyres, rims
Gurugram (PTI): The Gurugram Police has busted an alleged tyre-theft gang that was active in the city for the past two months, police said on Saturday.
Four students from different colleges were arrested for allegedly stealing tyres and rims of vehicles parked outside houses and hotels during the night, police said, adding that the accused squandered the proceeds of theft on lavish escapades at clubs.
According to an official, the accused have confessed to 14 cases of tyre and rim thefts, and all four have been taken on a two-day police remand after being produced in court.
The accused were identified as Rishikesh (23), a chartered accountancy student from sector-39 Jharsa; Arjun (22), a native of Siwana village in Jhajjar studying BA (LLB) at Baba Mastnath University, Rohtak; Piyush Rana (23), resident of Jodhpur village in Palwal and a student of B Com in Gurugram University; and Tushar Kumar (22), a native of Bihar's Munger and a B Com student of DSD college, Gurugram.
According to the police, a crime branch team nabbed the gang on Friday.
A senior investigating officer said, during interrogation, the accused revealed that they would go out at night in a blue Maruti Suzuki Fronx car belonging to Arjun.
They would park the car near the target vehicle and, using a jack and other tools, removed the tyres, including the rims. Then, they would leave the vehicle on bricks and load the stolen tyres on to the Fronx before fleeing, the officer added.
The vehicle used in the crimes will be impounded soon, a Gurugram Police spokesperson said.
"During interrogation, the accused revealed that they are childhood friends and have studied together. All of them are fond of parties and clubs, and began stealing when they couldn't get pocket money from home. They had been actively involved in thefts for the past two months," he added.
