Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»‘Don’t know’ about US imports from Russia, says Trump
    Commodities

    ‘Don’t know’ about US imports from Russia, says Trump

    August 5, 20253 Mins Read


    Donald Trump claimed ignorance over continued US imports of Russian commodities after India hit back at criticism of its oil purchases from Moscow. The former US President reiterated plans to raise tariffs on India and others buying Russian energy.

    Published Date – 6 August 2025, 09:51 AM


    ‘Don’t know’ about US imports from Russia, says Trump

    New York/Washington: President Donald Trump has said that he doesn’t know anything about the US imports of Russian uranium, fertilisers and chemicals.

    Trump made the comments on Tuesday while responding to a question on India’s statement on American imports of these commodities. “I don’t know anything about it. I’d have to check, but we’ll get back to you on that,” Trump said, adding that he will soon decide on tariffs to be imposed on nations buying Russian energy.


    Trump has threatened to “substantially” raise US tariffs on India, accusing it of buying massive amounts of Russian oil and selling it for big profits. India on Monday mounted an unusually sharp counterattack on the US and the European Union for their “unjustified and unreasonable” targeting of New Delhi for its procurement of Russian crude oil.

    Firmly rejecting the criticism, India pointed out the double standards in targeting it on the issue and said both the US and the EU are continuing their trade relations with Russia. “Unlike our case, such trade is not even a vital national compulsion,” the Ministry of External Affairs (MEA) said in a statement on Monday night.

    The Europe-Russia trade includes not just energy, but also fertilisers, mining products, chemicals, iron and steel, and machinery and transport equipment, the MEA said. “Where the US is concerned, it continues to import from Russia uranium hexafluoride for its nuclear industry, palladium for its EV industry, fertilisers as well as chemicals,” it added. “In this background, the targeting of India is unjustified and unreasonable,” the MEA said.

    In response to another question that he has threatened to impose 100 per cent tariffs on all countries that purchase Russian energy, including China, Trump said, while he never said a percentage, “but we’ll be doing quite a bit of that. We’ll see what happens over the next fairly short period of time”.

    He said that the US has a “meeting with Russia” on Wednesday, without giving further details on where and what the meeting will entail. “We’re going to see what happens. We’ll make that determination at that time.”

    Earlier on Tuesday, Trump said in an interview with CNBC that India has not been a good trading partner and announced he is “going to raise” tariffs on India “very substantially over the next 24 hours” because New Delhi is buying Russian oil and “fuelling the Ukraine war machine”.

    At the event Tuesday afternoon, where Trump signed an executive order establishing a White House Olympics Task Force to handle security and other issues related to the 2028 Los Angeles Olympics, he repeated again that he stopped the war between India and Pakistan, a claim he has made over 30 times since May 10.

    India has been consistently maintaining that the understanding on cessation of hostilities with Pakistan was reached following direct talks between the Directors General of Military Operations (DGMOs) of the two militaries.

     

     



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Agricultural Trust sees pretax losses of nearly €1.5 million amid Revenue settlement – The Irish Times

    Commodities

    How to cut your electricity costs while boosting energy research – The Irish Times

    Commodities

    Innovations needed for agricultural transformation – Opinion

    Commodities

    New energy tariff lets you set your OWN peak time for power use… and could save £200

    Commodities

    Ukrainian PM discusses attacks on energy in US talks

    Commodities

    Chinese-aided agricultural poverty reduction project launched in Mozambique

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    Heed This Warning Before Investing in Precious Metals

    Cryptocurrency

    Bank of Korea halts digital currency project, pausing talks with banks

    Cryptocurrency

    Decoding the Cryptocurrency Revolution’s Most Anticipated Coin

    Editors Picks

    From 100-year-old mansion to Bel-Air home: Inside Diane Keaton’s luxurious real estate empire – Entertainment News

    October 13, 2025

    Morocco is making 5,200 hectares of state-owned agricultural land available to investors

    August 24, 2024

    Municipal Bonds Should Continue To Rise In Q4

    October 11, 2025

    Stop pushing heat pumps or face major backlash, green energy magnate tells Labour | Heat pumps

    October 12, 2024
    What's Hot

    How a Sports Brand Used Fake Celebs to Pump an ‘Insane’ Cryptocurrency

    August 12, 2024

    Gold Vs Silver: Which Is The Better Investment For Women In 2025, As Per Expert

    August 12, 2025

    Tether Cracks Down On Cambodian Fraud, Freezes $28 Million In USDT

    July 15, 2024
    Our Picks

    Bam/ Journée mondiale de l’environnement: Bissa Gold reverdit son cadre de travail  | AIB

    June 9, 2025

    CPP Investments se retire d’Informatica par le biais d’une transaction avec Salesforce

    May 30, 2025

    Pakistani AI Fintech Metric–Max CF-AI Signs $12M Deal with Nabta Health

    October 13, 2025
    Weekly Top

    Fans Go Wild After Seeing Taylor Swift Workout in Chunky Gold Chain & Tank Top

    October 14, 2025

    How to cut your electricity costs while boosting energy research – The Irish Times

    October 14, 2025

    Bitcoin worth $14bn seized in US-UK crackdown on alleged scammers

    October 14, 2025
    Editor's Pick

    Impressive character office ready to occupy or invest

    August 7, 2024

    Agricultural Imports Tariffs: Why Indian farmers need protection from agricultural imports

    August 9, 2025

    Germany’s BASF launches Tinuvin NOR 211 AR for agricultural plastics

    July 19, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.