News Update : 'India not good trading partner': Trump says will raise tariffs substantially in 24 hrs - TOI BUSINESS DESK

US Presdient Donald Trump has declared his intention to significantly increase tariffs on India, citing country's purchase of Russian oil. He accuses India of profiting by reselling Russian oil while disregarding the conflict in Ukraine. US Presdient Donald Trump has declared his intention to significantly increase tariffs on India, citing country's purchase of Russian oil. He accuses India of profiting by reselling Russian oil while disregarding the conflict in Ukraine. Source: https://timesofindia.indiatimes.com/business/india-business/not-a-good-trading-partner-donald-trump-fires-fresh-tariff-threat-says-will-raise-rate-very-substantially-over-next-24-hours-russia-oil/articleshow/123119911.cms Date: 2025-08-05T12:42:13.000Z