President Trump threatened new tariffs on India for purchasing Russian oil and weapons, imposing a 25% tariff starting in August. This follows a prior warning of 100% tariffs on Russia's trade partners. India, the largest buyer of Russian crude oil by volume, has defied the threat, citing "double standards." Analysts suggest India may lack leverage despite a trade surplus with the US, and may ultimately compromise to avoid further economic repercussions. The potential impact includes strained US-India relations and higher oil prices for Indian consumers.

Prepared by Rachel Morgan and reviewed by editorial team.