Bessent says disappointed by EU-India deal
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Bessent states that the US imposed a 25 per cent tariff on India for buying Russian oil, but the Europeans signed a trade deal with the country
"And just to be clear again, the Russian oil goes into India, the refined products come out, and the Europeans buy the refined products. They are financing the war against themselves."
By Gopika Gopakumar MUMBAI, Jan 24 (Reuters) - U.S. Treasury Secretary Scott Bessent on Friday signaled the potential removal of additional 25% tariffs on India following a sharp reduction in Indian imports of Russian oil.