India pays less to Russia than EU, but faces 50% US tariffs: New data highlights Trump's double standards
- Posted on August 7, 2025
- By Business News Today
- 2 Views
India pays less to Russia than EU, but faces 50% US tariffs: New data highlights Trump's double standards
Amidst Western criticism, a report reveals that EU nations contribute significantly to Russia's fossil fuel revenue, surpassing India's share. The US imposed a 50% tariff on Indian imports over Russian oil purchases, sparking strong protests from New Delhi, which defends its energy security needs.
