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View all search resultsUS President Donald Trump announced a trade deal on Monday with India that slashes US tariffs on Indian goods to 18 percent from 50 percent in exchange for India halting Russian oil purchases and lowering trade barriers.
US President Donald Trump listens to Indian Prime Minister Narendra Modi at the Community Summit on September 22, 2019 at NRG Stadium in Houston, Texas. Donald Trump and Narendra Modi both rose to power on nationalist appeals to their countries' majority communities. Both scoff at traditional media and enjoy making pronouncements by Twitter. And now, the two leaders will bond over an extravaganza of Indian culture as they visibly symbolize their alliance. The US president will join the Indian prime minister on Sunday at a football stadium in Houston where community representatives say they expect 50,000 Indian-Americans for performances followed by the leaders' remarks.
(AFP/Thomas B. Shea)
he Kremlin said on Tuesday it had heard no statements from India about halting purchases of Russian oil after US President Donald Trump said New Delhi had agreed to stop such purchases as part of a trade accord with Washington.
US President Donald Trump announced a trade deal on Monday with India that slashes US tariffs on Indian goods to 18 percent from 50 percent in exchange for India halting Russian oil purchases and lowering trade barriers.
Kremlin spokesman Dmitry Peskov said Russia was carefully analysing Trump's remarks on relations with India.
Asked directly if India had decided to stop buying Russian oil, Peskov said: "So far, we have not heard any statements from Delhi on this issue."
"We respect bilateral US-Indian relations," Peskov told reporters. "But we attach no less importance to the development of an advanced strategic partnership between Russia and India.
"This is the most important thing for us," he said, "and we intend to further develop our bilateral relations with Delhi."
India became the top buyer of discounted Russian seaborne crude after Moscow's war in Ukraine began in 2022. That generated a backlash among Western nations that have targeted Russia's energy sector with sanctions aimed at curbing Moscow's revenues to make it harder to fund the war.
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