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Kremlin Embraces India Amid US Economic Warfare
Armstrong Economics ^ | 6 Aug 25 | Martin Armstrong

Posted on 08/06/2025 6:50:53 AM PDT by delta7

Economic warfare is dismantling free trade and turning friends into foes. This has nothing to do with trade tariffs, as the issue is the tariffs we are placing on nations for the sole purpose of political policy. The US is threatening India with sanctions if it continues to purchase Russian oil, and the Kremlin is using that to its advantage.

“We believe that sovereign countries should have, and have the right to choose their own trade partners, partners in trade and economic cooperation. And to choose those trade and economic cooperation regimes that are in the interests of a particular country,” Kremlin Press Secretary Dmitry Peskov stated.

Around 35% to 40% of India’s crude oil now comes from Russia as the nation began drastically increasing its purchases when the Ukraine-Russia-NATO war began, since Russian crude was cheaper than what the Middle Eastern nations were charging. India has heavily profited from this deal, but the US would have done the exact same thing if it were in India’s position. The Trump Administration believes free trade is only free and fair if it directly benefits the United States.

“The targeting of India is unjustified and unreasonable. Like any major economy, India will take all necessary measures to safeguard its national interests and economic security,” India’s Ministry of External Affairs (MEA) commented. “It is noteworthy that those nations criticizing India are themselves engaging in trade with Russia.

In contrast to our situation, their trade does not constitute a critical national necessity.” The MEA also noted that the US and its allies reached out to India to purchase oil amid shortages that they themselves created. There is a clear double standard here that is making America look a bit foolish.

“India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don’t care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA,” Donald Trump stated online, openly stating that these new tariffs are intended to shape India’s trade policy. Furthermore, Trump said India was “not a good trade partner” and dismissed the billions in trade between the two.

This arrogant stance is pushing India out of neutrality and into the arms of the Kremlin. There is nothing diplomatic about calling your trade partner worthless on the public stage and then bullying them with sanctions into changing their foreign policy.

Trump has also been threatening economic warfare against nations that oppose Israel. I do not know who is currently surrounding Trump and permitting him to carry out these disastrous policies. Let us not forget that India is also a nuclear superpower—we do not want to turn India into an enemy nation.


TOPICS:
KEYWORDS: bombay; calcutta; india; modi; putin; russia; texasbuffoon; thegaytor
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To: Wuli

“That’s not “a source” - it just says, “here, go fish”.”

It contains links on the history of tariffs on India.

Perhaps you should have done some homework before stating I was wrong!


41 posted on 08/06/2025 12:14:39 PM PDT by TexasGator (./There is no Sharknado system)
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To: medical conservative

Do you work for Armstrong?


42 posted on 08/06/2025 12:17:17 PM PDT by TexasGator (./There is no Sharknado system)
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To: delta7

Who is your favorite maggot? Armstrong or Putin?


43 posted on 08/06/2025 12:19:15 PM PDT by dennisw (There is no limit to human stupidity)
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To: TexasGator

Perhaps you should actually cite a source, not a “reading list” to go fishing in. I guess you quoting from one the links is too much for you.


44 posted on 08/06/2025 12:28:15 PM PDT by Wuli (uire)
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To: Wuli

“Perhaps you should actually cite a source, not a “reading list” to go fishing in. I guess you quoting from one the links is too much for you.”

Perhaps you should have done your homework before falsely claiming I was wrong.

I provided you with multiple sources. Pick one.


45 posted on 08/06/2025 12:37:42 PM PDT by TexasGator (./There is no Sharknado system)
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To: TexasGator

“Perhaps you should have done your homework before falsely claiming I was wrong.”

I did not claim you were wrong. I asked for a source for your claim.


46 posted on 08/06/2025 12:39:37 PM PDT by Wuli (uire)
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To: Wuli

It is right there in front of your eyes. On the page I linked!

“From January to April 2025, the average applied US tariff rate rose from 2.5% to an estimated 27% the highest level in over a century.”


47 posted on 08/06/2025 12:42:00 PM PDT by TexasGator (./There is no Sharknado system)
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To: Wuli
"I did not claim you were wrong. "

LOL!

--------------Emphasis mine------

To: TexasGator

“India essentially imported to us duty free. “

Not true. That ended in 2019.

33 posted on 8/6/2025, 2:14:08 PM by Wuli (uire)

------------

48 posted on 08/06/2025 12:45:57 PM PDT by TexasGator (./There is no Sharknado system)
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To: TexasGator

“Not true. That ended in 2019. “

Look it up. That’s true. “Duty Free” for India ended in 2019.


49 posted on 08/06/2025 12:55:21 PM PDT by Wuli (uire)
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To: Wuli

“Look it up. That’s true. “Duty Free” for India ended in 2019.”

Don’t excerpt from my post!


50 posted on 08/06/2025 12:58:40 PM PDT by TexasGator (./There is no Sharknado system)
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To: TexasGator

GSP Status Revoked (2019): In June 2019, the United States ended India’s preferential trade status under the Generalized System of Preferences (GSP) program.
Impact: This meant the removal of duty-free treatment for certain Indian exports to the US, valued at an estimated $5.6 billion annually, affecting sectors like pharmaceuticals, textiles, and agriculture.


51 posted on 08/06/2025 1:05:53 PM PDT by Wuli (uire)
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To: Wuli

One of my earlier posts which you questioned ...

-True. In 2024, tariffs were 2.4%.-


52 posted on 08/06/2025 1:19:54 PM PDT by TexasGator (./There is no Sharknado system)
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To: delta7

“That said, I buy my Ivermectin from India, less than one dollar apiece. “

With all your millions you are risking your health buying drugs from India?

Beam ne up!


53 posted on 08/06/2025 3:03:24 PM PDT by TexasGator (./There is no Sharknado system)
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To: Williams

Russia and India make a great match, assuming that two sickly countries thousands of miles apart can be combined to make a single healthy country. Nothing of consequence is going to happen other than two leaders getting together and whining about what a meanie Trump is.


54 posted on 08/06/2025 10:45:40 PM PDT by Rockingham
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