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Were 50% tariffs on India due to US President Trump's 'personal pique'? Jefferies claims real reason is not Russian oil purchase but...

DNA Friday, 29 August 2025 ()
Jefferies pointed out that this "red line" was upheld despite the heavy economic costs, effectively denying the 47th American president one of his opportunities to strengthen his international standing and potentially seek recognition such as the Nobel Peace Prize.
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News video: India Defies U.S Tariffs As Modi Refuses To Curb Russian Crude Imports | Trade War Escalates

India Defies U.S Tariffs As Modi Refuses To Curb Russian Crude Imports | Trade War Escalates 03:15

Washington’s high-stakes pressure campaign against India has backfired. Despite unprecedented tariffs and repeated threats over Russian oil imports, Prime Minister Narendra Modi has refused to bend. Russian crude still accounts for nearly one-third of India’s imports, and refiners show no signs...

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