Trump has learnt his India lesson the hard way but will he own up?
Donald Trump, who imposed an additional 25% tariff on Indian imports to pressure New Delhi to stop buying Russian oil, has agreed to bring Russian diesel into global markets as US fuel prices rise ahead of the November 3 midterm elections.
Former President Donald Trump has learned a valuable lesson from his dealings with India regarding Russian oil purchases, but it remains uncertain whether he will fully acknowledge India's concerns. Last year, Trump imposed a 25% tariff on Indian imports as punishment for continued Russian oil purchases. Now, as American diesel prices rise and the November 3 midterm elections approach, Trump has struck a deal to bring Russian diesel into global markets.
This reversal highlights the reality that when energy costs impact voters, geopolitical principles can be compromised. However, it is unclear if Trump will acknowledge India's argument that affordable energy and the interests of ordinary people should not be sacrificed for foreign policy objectives.
Written by urgent.news from The Economic Times - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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