“We put 25 per cent tariffs on India for buying Russian oil, and the Indian purchases by their refineries of Russian oil have collapsed. The 25 per cent Russian oil tariffs are still on. “I will also point out that our virtue signalling European allies refused to do it because they wanted to sign this big trade deal with India,” said. The European Union had also joined the US with more economic sanctions on Russia, as it unveiled the 19th package of sanctions. Story continues below this adWhile the US has continued to impose punishing tariffs on India, India and the EU in the last six months made rapid progress, closing nearly 20 chapters out of 24 and aim to close negotiations next week.

Source: Indian Express January 25, 2026 10:21 UTC