Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Sunday, August 9
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    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
    Previous ArticleNo Altcoin Summer After Bitcoin’s $112K Dip: Bitfinex
    Next Article Indonesian Government Is Considering A Bitcoin Reserve

    Related Posts

    Commodities

    Scottish commodities firm becomes listing on Dublin’s ‘springboard’ stock market – The Irish Times

    July 31, 2026
    Commodities

    The Commodities Feed: Oil rises as Middle East tensions reignite | articles

    July 28, 2026
    Commodities

    Role and Importance of Commodity Markets in India

    July 22, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    Bitcoin Chart Signals Drop Below $117K Before Upside Continues

    August 11, 2025
    Bitcoin

    Doug Liman to deep-fake Bezos and Zuckerberg for Bitcoin

    May 22, 2026
    Investing

    Bitcoin rises to $68.7k as Trump spurs Iran de-escalation hopes By Investing.com

    April 1, 2026
    What's Hot

    Why China’s Commodity Imports Rise amid Struggling Economy

    July 20, 2024

    Massive Colombian Pension To Launch Bitcoin Fund For Clients

    January 26, 2026

    Bitcoin Near $63,000 Amid Growing Bearish Pressure

    February 24, 2026
    Most Popular

    La CZ de Binance émet des conseils cruciaux pour ceux qui secouent par un crash de Bitcoin

    March 3, 2025

    A finance chief joined the Trump administration. Then his company unravelled

    November 1, 2025

    LNG Tracks Global Cargo Competition as Europe Builds Winter Storage After the Fed

    July 30, 2026
    Editor's Picks

    Closure order on property in Halton Moor

    July 10, 2026

    Bitcoin price live today (03 Jun 2026) – Why Bitcoin price is falling by 3.35% today

    June 3, 2026

    Barclays launch farm transition finance at reduced rates

    September 19, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

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