President Trump imposed new 25% tariffs on India and threatened wider secondary sanctions against countries purchasing Russian oil, explicitly mentioning China as a potential target. Both India and China rejected the measures as coercive pressure threatening their energy security and economic sovereignty. The sanctions could trigger global oil price spikes and inflation, with India facing disproportionate financial system risks. While China may leverage its economic scale for exemptions, India must reconsider its Russian oil imports that previously saved billions in energy costs. Trump indicated more sanctions are forthcoming, stating ‘You’re going to see so many secondary sanctions’ against Russian energy trading partners.
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