Sunday, March 29, 2026
24.1 C
New Delhi

Jaishankar ‘Perplexed’ By US Logic On 50% Tariffs: ‘China Biggest Buyer Of Russian Oil, EU Of LNG’ — WATCH

External Affairs Minister S Jaishankar on Thursday criticised the United States’ move to impose steep tariffs on Indian goods over Russian oil imports, pointing out that other countries are far larger buyers of Moscow’s energy. Responding to queries at a joint press conference with Russian Foreign Minister Sergey Lavrov in Moscow, Jaishankar stressed that India is being unfairly singled out.

“We are not the biggest purchasers of Russian oil, that is China. We are not the biggest purchasers of LNG, that is the European Union. We are not the country which has the biggest trade surge with Russia after 2022; I think there are some countries to the South. We are a country where the Americans have said for the last few years that we should do everything to stabilise the world energy market, including buying oil from Russia. Incidentally, we also buy oil from the US, and that amount has increased. So honestly, we are very perplexed at the logic of the argument that you (the media) had referred to…” Jaishankar said, as per news agency ANI.

US President Donald Trump in July announced a 25 per cent tariff on Indian goods, at a time when an interim trade agreement between New Delhi and Washington was being discussed. Days later, the tariff burden was doubled to 50 per cent, with the White House citing India’s continued energy trade with Russia as justification.

India’s Energy and Trade Ties with Russia

Underscoring the importance of sustained cooperation, Jaishankar said energy partnerships with Russia remain significant through both trade and investments. He also highlighted the need to narrow the trade gap.

“We reaffirmed our shared ambition to expand bilateral trade in a balanced and sustainable manner, including by increasing India’s exports to Russia. This requires swiftly addressing non-tariff barriers and regulatory impediments, enhancing India’s exports to Russia in sectors like agriculture, pharma, and textiles will certainly help correct the imbalance,” he said.

Jaishankar, Lavrov Discuss Ukraine, West Asia, Afghanistan

The two foreign ministers also reviewed pressing regional issues. “On regional issues, we discussed developments in Ukraine, West Asia, the Middle East and Afghanistan. India’s approach continues to emphasise dialogue and diplomacy as essential to resolving differences,” Jaishankar stated.

He further underlined that defence and security cooperation remains strong, with Russia backing India’s Make in India initiatives through joint production and technology transfer.

On the humanitarian front, Jaishankar also raised concerns about Indian nationals reportedly serving in the Russian Army. “While many have been released, there are still some pending cases, with some missing persons. We hope that the Russian side will expeditiously resolve this,” he added.

The External Affairs Minister is on a three-day trip to Moscow, where he co-chaired the 26th session of the India-Russia Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC) and addressed the India-Russia Business Forum.

 

Go to Source

Hot this week

‘Project Hail Mary’, ‘Dhurandhar 2’ among top 5 at US box office

Space adventure flick ‘Project Hail Mary’ topped the North American box office for a second straight week with USD 54.5 million in ticket sales, industry estimates showed Sunday. Read More

Fake windows, blocked views: How Trump’s $300 million WH ballroom was trashed by architects

Architects and design experts have raised concerns about US President Donald Trump’s controversial plan to build a new White House ballroom, warning that the proposal contains major design flaws and risks altering one of America’s mos Read More

Who is Solange Tremblay? Canadian flight attendant survives LaGuardia crash after being ejected 320 feet

Solange Tremblay, a veteran Canadian flight attendant with more than 25 years of experience, was severely injured when an Air Canada Express flight crashed at New York’s LaGuardia Airport last week. Read More

Sonam Kapoor, Anand Ahuja welcome second baby boy

Sonam Kapoor and Anand Ahuja have welcomed their second child, a baby boy, on March 29, 2026. The actor shared the joyful news on social media with a heartfelt note, announcing the arrival of their newest family member. Read More

Explained: Why ISL clubs are meeting bidders before AIFF picks commercial partner and what is KPMG’s role

AIFF has allowed ISL clubs to engage with bidders before finalising 20-year commercial rights for men’s and women’s football. KPMG has also been hired to help the Indian football body in making the decision. Read More

Topics

‘Project Hail Mary’, ‘Dhurandhar 2’ among top 5 at US box office

Space adventure flick ‘Project Hail Mary’ topped the North American box office for a second straight week with USD 54.5 million in ticket sales, industry estimates showed Sunday. Read More

Fake windows, blocked views: How Trump’s $300 million WH ballroom was trashed by architects

Architects and design experts have raised concerns about US President Donald Trump’s controversial plan to build a new White House ballroom, warning that the proposal contains major design flaws and risks altering one of America’s mos Read More

Who is Solange Tremblay? Canadian flight attendant survives LaGuardia crash after being ejected 320 feet

Solange Tremblay, a veteran Canadian flight attendant with more than 25 years of experience, was severely injured when an Air Canada Express flight crashed at New York’s LaGuardia Airport last week. Read More

Sonam Kapoor, Anand Ahuja welcome second baby boy

Sonam Kapoor and Anand Ahuja have welcomed their second child, a baby boy, on March 29, 2026. The actor shared the joyful news on social media with a heartfelt note, announcing the arrival of their newest family member. Read More

Explained: Why ISL clubs are meeting bidders before AIFF picks commercial partner and what is KPMG’s role

AIFF has allowed ISL clubs to engage with bidders before finalising 20-year commercial rights for men’s and women’s football. KPMG has also been hired to help the Indian football body in making the decision. Read More

Florida man stopped by police after drivers report ‘missiles’ mounted on truck

A Florida man was stopped by police after multiple drivers reported seeing what looked like missiles mounted on his truck, sparking alarm on a busy highway. Read More

Iran’s new supreme leader Mojtaba Khamenei thanks Iraq in latest written message

Iran’s new supreme leader Mojtaba Khamenei has in a written message thanked the people of Iraq for their support in the war against the United States and Israel. Read More

‘I’m going to text Joe’: JD Vance fires back after Joe Rogan slams MAGA supporters as ‘unintelligent’ and ‘dorks’

Vance, appearing on The Benny Show, said every movement has “dorks” while defending MAGA supporters and immigration record/ Youtube US Vice President JD Vance has responded to criticism from podcast host Joe Rogan, after Rogan descri Read More

Related Articles