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Why Trump is hitting India with tariffs over Russian oil ties

POLITICO Energy

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President Donald Trump is hitting India with a 25 percent tariff and an additional energy penalty, citing the country’s continued purchases of Russian oil. The move marks a dramatic use of energy policy as a diplomatic weapon and threatens to strain ties with one of America’s key allies against China. POLITICO’s Phelim Kine breaks down how the president is using energy leverage in his trade policy against India. Plus, Exxon Mobil CEO Darren Woods says the Trump administration’s trade deals are unlikely to drive significant demand for U.S. natural gas. Phelim Kine is POLITICO’s DC-based China and Indo-Pacific Affairs correspondent. Josh Siegel is an energy reporter for POLITICO and the host of POLITICO Energy. Nirmal Mulaikal is the co-host and producer of POLITICO Energy.  Kara Tabor is an audio producer for POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO.  Matt Daily is the energy editor for POLITICO. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Music courtesy of www.epidemicsound.com Intro: https://www.epidemicsound.com/track/fAomeYxofK/ Outro: https://www.epidemicsound.com/track/yKY3y3cGAN/

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Why Trump is hitting India with tariffs over Russian oil ties

POLITICO Energy

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