S Jaishankar on Trump tariff over Russian oil purchase: ‘Arguments used to target India not applied to China’ | Latest News India

External affairs minister S Jaishankar on Saturday strongly defended India’s energy choices, asserting that New Delhi would continue to make decisions in line with its national interest and strategic autonomy, despite growing international scrutiny, including Donald Trump’s tariff threats, over its Russian crude oil purchase.

Russian President Vladimir Putin, left, and Indian external affairs minister Subrahmanyam Jaishankar shake hands during their meeting in Moscow on Thursday,(AP)
Russian President Vladimir Putin, left, and Indian external affairs minister Subrahmanyam Jaishankar shake hands during their meeting in Moscow on Thursday,(AP)

Speaking at The Economic Times World Leaders Forum 2025, Jaishankar argued that the US tariff issue was being wrongly presented as an “oil dispute”. He noted that the same criticism levelled at India for purchasing Russian energy had not been applied to larger importers, such as China and European nations.

“It is presented as an oil issue but it’s still not applied to the largest importer, China. Arguments used to target India have not been applied to China,” the external affairs minister said.

Stressing that India alone would decide its course, he added, “At the end of it all, we make decisions that are in national interest.”

‘If you don’t like, don’t buy’: EAM

Jaishankar also hit out at criticism of India’s continued imports of Russian crude and refined products. “If you have a problem buying oil or refined products from Russia, don’t buy. But Europe buys, America buys. If you don’t like, don’t buy from us,” the EAM remarked, underscoring that India would not bow to pressure from Western nations.

His comments come amid continuing trade talks with Washington, where Indian goods face additional US tariffs of up to 50 per cent —among the steepest penalties imposed by the Biden administration— linked to New Delhi’s growing energy trade with Moscow.

While a 25 per cent tariff is already in force, another 25 per cent set to take effect on August 27.

“We have some redlines in the negotiations, to be maintained and defended,” Jaishankar said at an event in New Delhi, stressing that the interests of Indian farmers and small producers would not be compromised in discussions with the US.

Russia-European trade is bigger than India-Russia trade: Jaishankar

Jaishankar pointed out the contradiction in the West’s stance, saying Europe trades far more with Russia than India does.

“And when people say we are funding the war and putting the money, Russia-European trade is bigger than India-Russia trade. So European money is not putting coffers? The overall Russia-EU trade is bigger than the Russia-India trade. If the argument is energy, they (EU) are bigger buyers. If the argument is who is the bigger trader, they are bigger than us. India’s exports to Russia have grown, but not that much,” he added.

The minister further said India has every right to take decisions in its own national interest. “The issue of decisions which we make in our national interest is our right. And I would say that’s what strategic autonomy is about,” he said.

On India-US ties, Jaishankar said talks were ongoing despite tensions. “We are two big countries, as I say, the lines are not cut, people are talking to each other, and we will see where it goes,” he added.

When asked about Washington’s new ambassador to India, Jaishankar avoided comment, saying, “Look, I am the Foreign Minister, I don’t comment on ambassadorial appointments of other countries.”

Earlier this week, Jaishankar visited Russia, where he met Russian President Vladimir Putin, Deputy First PM Denis Manturov and Foreign Minister Sergey Lavrov. He also co-chaired the 26th session of the India-Russia Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC).

According to the Ministry of External Affairs (MEA), the visit included discussions on terrorism, the conflict in Ukraine, and regional developments in West Asia and Afghanistan. Jaishankar also conveyed Prime Minister Narendra Modi’s greetings to President Putin and discussed key bilateral and global issues

Source link

Visited 1 times, 1 visit(s) today

Related Article

Looks like an airship, acts like a windmill. Engineer says China on brink of turbine leap

Looks like an airship, acts like a windmill. Engineer says China on brink of turbine leap

Chinese scientists expect to soon make a breakthrough in airborne wind turbine technology, with the world’s first megawatt-level system set to take flight, according to the project team. The floating wind power generation system resembles an airship and is being held up as a possible power solution for remote locations and disaster zones where conventional

Why should I care about the crisis-hit Chinese property giant?

Why should I care about the crisis-hit Chinese property giant?

Peter Hoskins Business reporter, BBC News Getty Images Before its debt crisis, Evergrande was building a new stadium for its football team, Guangzhou FC What does Evergrande do? Evergrande, formerly known as the Hengda Group, was founded by Mr Hui in 1996 in Guangzhou, southern China. At the time of its collapse, Evergrande had some

ET logo

China’s new mega dam triggers fears of water war in India

India fears a planned Chinese mega-dam in Tibet will reduce water flows on a major river by up to 85% during the dry season, according to four sources familiar with the matter and a government analysis seen by Reuters, prompting Delhi to fast-track plans for its own dam to mitigate the effects. The Indian government

Typhoon Kajiki passed over open waters to the south and headed toward Vietnam’s central coast. File

Typhoon Kajiki drenches southern China’s Hainan island, heads toward Vietnam

Typhoon Kajiki passed over open waters to the south and headed toward Vietnam’s central coast. File | Photo Credit: Reuters Strong winds and heavy rain whipped southern China’s Hainan island and nearby parts of Guangdong province on Sunday (August 24, 2025), as Typhoon Kajiki passed over open waters to the south and headed toward Vietnam’s

'Deeply Insulting': How US Commerce Secretary Howard Lutnick's comments on Nvidia H20 chips has angered China, creating problems for the world's most-valuable company

‘Deeply Insulting’: How US Commerce Secretary Howard Lutnick’s comments on Nvidia H20 chips has angered China, creating problems for the world’s most-valuable company

Tensions are escalating between the United States and China over technology trade for quite some time. A casualty of the US-China trade war is the world’s most-valuable company — Nvidia. Recently, China reportedly asked domestic companies to scale back purchases of Nvidia’s H20 computer chip. The move comes in response to what Chinese officials have

Illustration: Chen Xia/GT

Pace of China’s tech breakthroughs the true arbiter of chip competition

Illustration: Chen Xia/GT The global semiconductor contest has long evolved from mere business competition into a high-stakes geopolitical race.  Recently, Nvidia reportedly has told suppliers to suspend production of its H20 chip. At the same time, it is also reportedly working on a new chip for the Chinese market dubbed the B30A, which will be

Nvidia CEO Jensen Huang has been jockeying between the U.S. and China chip markets as the two countries hammer out a trade policy.

Nvidia’s Roller Coaster for China AI Chips Takes a New Turn

Nvidia is halting production of an artificial-intelligence chip it developed for China after the government in Beijing told companies not to buy it, the latest twist in the U.S.-China tech war centered on the $4 trillion chip designer. PREMIUM Nvidia CEO Jensen Huang has been jockeying between the U.S. and China chip markets as the

Analysts Call MAGACOIN Finance the Best Crypto Presale to Buy Now

Analysts Call MAGACOIN Finance the Best Crypto Presale to Buy Now

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content. As per the report, the State Council of China could greenlight yuan-backed stablecoins by the close of August 2025. Following a recent report, the news