Key Points

US Senator Marco Rubio has indicated potential flexibility in the Trump administration's tariff stance towards India's Russian oil purchases. During recent diplomatic discussions with Indian External Affairs Minister S Jaishankar, Rubio emphasized the critical value of US-India relations. The conversations suggest ongoing negotiations to address trade complexities and geopolitical challenges. Both sides remain optimistic about reaching mutually beneficial agreements in the near future.

Key Points: Rubio Signals Trump Tariff Relief for India's Russian Oil Purchases

  • Rubio suggests potential reduction of 25% tariffs on India
  • US-India diplomatic relations show signs of flexibility
  • Trade negotiations continue between key ministers
  • Bilateral discussions focus on strategic economic engagement
2 min read

Rubio hopes to 'fix' 25 per cent tariffs on India over Russian oil

US Senator Marco Rubio hints at potential tariff adjustment for India amid complex US-India trade and geopolitical negotiations

"We have already seen the measures we have taken with regards to India, although that's something we hope we can fix - Marco Rubio"

Washington, Sep 23

US Secretary of State, Marco Rubio has indicated that the Donald Trump administration may be willing to 'fix' the additional 25 per cent tariffs imposed on India over its purchases of Russian oil.

In an interview with the NBC News, Rubio spoke about the US measures to end the conflict in Ukraine and hoped that the additional tariffs against India could be fixed.

"We have already seen the measures we have taken with regards to India, although that's something we hope we can fix," he said.

Rubio blamed the European countries for not "doing enough."

"I think it's important for Europe to impose sanctions, too. Right now, there are countries in Europe that are still buying massive amounts of oil and natural gas from Russia, which is absurd. They're asking for the US to impose more sanctions, but there are countries in Europe that are not doing enough. So, I think they need to do more," he emphasised.

Rubio kept the possibility of additional sanctions on Russia open.

"At some point, he [Trump] may have to decide to impose new sanctions. The President has the ability to do more, and he's considering doing more because of the direction this has taken," he noted.

His statement comes a day after a meeting with External Affairs Minister (EAM) S Jaishankar in New York.

After the talks, Rubio said that India is of "critical" value to his country and welcomed the ongoing trade interactions.

EAM Jaishankar also posted on X, "Our conversation covered a range of bilateral and international issues of current concern. Agreed on the importance of sustained engagement to progress on priority areas".

Commerce and Industry Minister Piyush Goyal also met US Trade Representative Jamieson Greer on Monday in New York to negotiate the first tranche of a trade agreement between the two sides.

Sources told IANS that the meeting focused on addressing key sticking points, and both sides remain hopeful of reaching an interim understanding soon.

- IANS

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Reader Comments

P
Priya S
Good that diplomacy is working. Our foreign policy under Modi government has been very balanced. We maintain relations with all countries while protecting national interests. Hope this tariff issue gets resolved soon.
M
Michael C
As someone working in international trade, I appreciate Rubio's pragmatic approach. Trade wars help no one. India-US partnership is too important to be derailed by tariffs.
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Anjali F
Why is US always pointing fingers at others? They should look at their own allies in Europe first. India is a sovereign nation and will make decisions based on what's best for 1.4 billion people.
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Sarah B
While I understand India's position, I hope both countries find common ground. The world needs cooperation, not confrontation. 🤝
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Vikram M
Our diplomats are doing excellent work. Jaishankar's meeting seems productive. India should continue buying Russian oil at discounted rates - it helps control inflation for common people like us.
K
Karan T
Respectfully, I think India should be more proactive in finding alternative energy sources. Depending on Russian oil long-term might not be wise. But yes, the tariffs are unfair when Europe gets a free pass.

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