US President Donald Trump held a meeting with Vladimir Putin in Alaska on Friday. Even though there has not been any consensus about the ceasefire in this meeting, the two countries appeared quite positive on some issues. After the meeting, Trump said that he does not need to consider putting new tariffs on countries buying Russian oil. At the same time, he also warned that “he can reconsider the matter again in two or three weeks. After this statement, it is clear that there is no possibility of any new tariff on the Russian oil import countries in the coming days. Especially there is a lot of good news for India. Which is buying 38 percent of its total crude oil imports from Russia. Has given a statement.
No need to consider new tariff
Talking to Fox News, US President Donald Trump said that due to the threats of the tariff, there was pressure to talk on Moscow. Regarding the new tariff, he said that due to what happened today, I think there is no need to think about it. Now, I may have to think about it after two or three weeks or after some time, but we do not need to think about it right now. This statement is very important for those countries who are currently importing crude oil from Russia. Especially for India and China. America has already imposed 25 percent extra tariff on India on Russian crude oil import.
Trump’s claim
Trump claimed that only after imposing heavy tariffs on India, Russia agreed to this meeting. Trump said that when I told India that we will pay you a fee, because you are doing business with Russia and buying oil. Because of which India stopped buying oil from Russia. His left Russia called and asked to meet him. The US President argued that Russia, India had lost its “second largest customer, so it had to come to talk again. He said that India was the second largest customer in Russia, and was reaching very close to China. Currently, China is the largest buyer of Russian oil.
No change in India’s oil policy
On the other hand, India has categorically denied changes in its energy policy. On Thursday, Indian Oil Corporation President AS Sahni said that no restriction has been imposed on Russian oil imports, and insisted that the purchase will continue on economic basis. The Ministry of External Affairs declared Trump’s tariff inappropriate. Trump announced a 25 per cent increase in fees on US imports from India last week, after which the total tariff increased to 50 per cent. This tariff has been imposed as a punishment on purchasing Russia oil. This extra tariff, implemented from August 27, is a major threat to India’s export of about $ 40 billion.