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Scott Bessent: Europe Shielded India over Russia Oil Tariffs
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Scott Bessent says Europe undermined Russia pressure by shielding India over trade talks

At the Davos 2026 forum, US Treasury Secretary Scott Bessent defended Washington’s tariffs on India’s purchases of Russian oil, criticized European allies for refusing to join the effort, and hinted that penalties on New Delhi could eventually be lifted.

India Rejects Lutnick claim Modi Trump Call Stall Trade Deal
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India pushes back against US claim that Modi-Trump call caused trade deal breakdown

India has rejected claims by a senior Trump administration official that a stalled phone call between prime minister Narendra Modi and President Donald Trump derailed a US-India trade deal, saying negotiations have been ongoing and complex.

Trump Backs Bill That Could Raise Tariffs on India to 500%
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Tariffs could jump from 50% to 500% as Trump backs tough Russia sanctions bill targeting India

President Donald Trump has approved a bipartisan Russia sanctions bill that could sharply escalate tariffs on countries buying Russian oil, putting India, China, and Brazil at risk of facing punitive levies of up to 500 per cent.

Donald Trump Claims India has Cut Russian Oil imports
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Trump claims India has 'largely stopped' buying Russian Oil, signals possible 2026 visit

Donald Trump said India has significantly reduced Russian oil imports while hinting at a potential trip to New Delhi next year. However, experts say India is unlikely to phase out Russian crude entirely due to cost and supply advantages.

Shashi Tharoor Slams Trump Over India-Russia Oil Remarks
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Shashi Tharoor criticizes Donald Trump for announcing India's decisions on Russian oil imports

Congress leader Shashi Tharoor slammed president Donald Trump for publicly claiming that India would cut Russian oil imports by year-end, saying only India should speak for its own policies and decisions, not foreign leaders.

“I don’t want to destroy his political career” Trump on Modi
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“I don’t want to destroy his political career”: Trump talks about Modi, discusses Russian oil

President Donald Trump lauded Indian prime minister Narendra Modi as a “great man” and personal friend, while claiming India has assured him it will temporarily stop buying Russian oil, framing the move as a key step in pressuring Moscow amid the Ukraine war.