India on Monday responded to the “unjustified and unreasonable” focusing on by the US and the European Union over sustaining power ties with Russia. India’s response got here after President Trump threatened India to additional hike tariffs for getting Russian oil.
Russia on Monday rebuked the US for adopting a ‘neocolonial’ coverage to take care of its dominance world wide. This got here days after US President Donald Trump introduced sweeping tariffs on a number of nations to take care of its commerce deficit.
Reacting over the transfer, Russia’s Overseas Ministry Spokeswoman Maria Zakharova, in a press release, mentioned Washington was irked over its diminishing dominance and that ‘no tariff wars or sanctions can halt the pure course of historical past.’
“Sanctions and restrictions have sadly turn into a defining function of the present historic interval, impacting nations throughout the globe. Unable to simply accept the erosion of its dominance in an rising multipolar worldwide order, Washington continues to pursue a neocolonial agenda, using politically motivated financial strain towards those that select an unbiased course on the worldwide stage,” she mentioned.
BRICS companions supporting US, says Zakharova
Hailing BRICS partnership, Maria Zakharova mentioned US’ tariff transfer was a direct assault on the sovereignty of the bloc and an “try to intrude of their inner affairs”. Zakharova additionally mentioned Russia enjoys assist of like-minded nations of the worldwide south to deepen their cooperation.
“We firmly consider that no tariff wars or sanctions can halt the pure course of historical past. We’re supported by an unlimited variety of companions, like-minded states, and allies, notably among the many nations of the International South and, above all, inside BRICS, who share this attitude,” she added.
India responds after Trump’s recent tariff threats
India on Monday responded to the “unjustified and unreasonable” focusing on by the US and the European Union over sustaining power ties with Russia. India’s response got here after President Trump threatened India to additional hike tariffs for getting Russian oil.
MEA questions double requirements
The MEA highlighted the double requirements of the US and the EU, asserting that each have been importing commodities from Russia. The Overseas Ministry additionally categorically conveyed that India will proceed to take steps to safeguard its nationwide pursuits and financial safety.
“The Europe-Russia commerce consists of not simply power, but in addition fertilisers, mining merchandise, chemical substances, iron and metal, and equipment and transport tools. The place the US is worried, it continues to import from Russia uranium hexafluoride for its nuclear business, palladium for its EV business, fertilisers in addition to chemical substances. On this background, the focusing on of India is unjustified and unreasonable. Like every main economic system, India will take all needed measures to safeguard its nationwide pursuits and financial safety,” the MEA mentioned.
Trump’s tariff assault
Donald Trump on August 1 signed an Govt Order titled ‘Additional Modifying the Reciprocal Tariff Charges’, imposing elevated tariffs on items from over 60 nations. India was amongst these hit hardest, going through a steep 25 per cent tariff. Moreover, Trump warned of additional penalties on India over its continued buy of Russian oil, though this was not included within the official government order.