Washington, August 25(HS):

In a strategic move aimed at cutting off Russian oil revenues fueling its Ukraine war, US Vice President JD Vance affirmed that former President Donald Trump’s 50% tariffs on Indian imports are designed to exert “aggressive economic leverage” on Russia. Speaking on NBC’s Meet the Press, Vance emphasized that these tariffs, targeting India's discounted Russian crude oil purchases, seek to make it harder for Russia to profit from its oil economy and pressure Moscow to cease its military aggression in Ukraine.

Vance expressed optimism about the US's ability to broker peace between the two nations, noting recent “significant concessions from both sides.” He underscored Trump's approach that Russia could be reintegrated into the global economy if it stops the killing in Ukraine, but would remain isolated otherwise.

The tariffs have further strained Indo-US relations, as India rejects accusations that its oil imports from Russia support Moscow’s war efforts, asserting its energy procurement is purely based on market factors and national interest. India's External Affairs Minister S. Jaishankar dismissed US criticism as “curious,” pointing out that the US and Europe also buy oil on the global market and that no one is forced to trade with India.

This unfolding economic and diplomatic tension highlights the complex global dynamics around energy security and geopolitical alliances amid the prolonged Russia-Ukraine conflict.

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Hindusthan Samachar / Jun Sarkar