Trump Hits India With Tariffs Over Russian Oil Deal

WooGlobe

Donald Trump just took a bold stance against Russia — calling it an extraordinary threat to U.S. national security. As Putin ignores calls to end the invasion of Ukraine, Trump is turning up the pressure. He’s now targeting India with a massive 50% tariff for buying Russian oil. India is outraged, warning it will defend its own interests. Could this ignite a global trade war or force Putin to the table? Here's everything you need to know in 60 seconds.  Hashtags: WooGlobe Ref : WGA330558 For licensing and to use this video, please email licensing@wooglobe.com

Transcript

00:00Donald Trump just called Russia an extraordinary threat to the United States.

00:04And what he did next could shake up global politics and the economy.

00:08Trump gave Vladimir Putin a deadline to end the invasion of Ukraine.

00:12If Putin doesn't back down by Friday,

00:14the U.S. will slam massive tariffs on countries that keep doing business with Russia.

00:19Hours after Trump's envoy met with Putin,

00:21Trump signed an executive order hiking tariffs on India to 50%.

00:25Why India?

00:26Because it's one of the biggest buyers of Russian oil.

00:28And Trump says that oil is funding Putin's war machine.

00:32India is furious.

00:34Its government called the move unfair, unjustified and unreasonable

00:37and warned it will protect its national interests.

00:41Experts say the tariffs could slash India's exports to the U.S. by nearly half.

00:45And some say it's hypocritical because China bought even more Russian oil

00:49but hasn't been hit with similar tariffs.

00:52All eyes now turn to whether new sanctions on Russia will follow.

00:55U.S. Secretary of State Marco Rubio says more announcements are coming.

00:59And they could go either way.

01:01Will this bold move push Putin to the table?

01:04Or start a global trade war?

01:05Stay tuned.

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