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Ex-finance secretary hits out at Trump over 50 percent tariffs, reveals, 'India walked away from trade talks due to...'

DNA Saturday, 30 August 2025 ()
Former Finance Secretary Subhash Garg has lashed out at United States President Donald Trump over his hackneyed claims that India is "profiteering massively" from discounted Russian oil, stating the charge is merely a "political theatre, not economic reality", NDTV reports.
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Video Credit: Oneindia - Published
News video: EXPLAINED: India Ready To Fight Trump’s 50% Punitive Tariffs | PM Modi Vows To Defy U.S. Pressure

EXPLAINED: India Ready To Fight Trump’s 50% Punitive Tariffs | PM Modi Vows To Defy U.S. Pressure 04:31

 President Trump has imposed 50% punitive tariffs on India, accusing New Delhi of “funding Russia’s war machine” through increased oil imports from Moscow. The move threatens $48.2 billion worth of Indian exports, with SBI warning of a 0.3–0.6% GDP hit. Prime Minister Narendra Modi has refused...

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