ANI
24 Sep 2025, 04:59 GMT+10
New York [US], September 24 (ANI): US President Donald Trump on Tuesday accused China and India of being the 'primary funders' of the Ukraine war through their continued purchase of Russian oil during his address at the 80th session of the United Nations General Assembly (UNGA).
'China and India are the primary funders of the ongoing war by continuing to purchase Russian oil,' Trump said in his over an hour-long speech at the General Debate of the UNGA, highlighting the role of these countries in financing the conflict in Ukraine.
The remarks came amid global discussions dominated by various conflicts, including the war in Ukraine. Trump's comments also follow his administration's recent decision to raise tariffs on India's imports of Russian oil. The additional 25 per cent levy imposed by the US pushed the total tariff on Indian goods to 50 per cent, one of the highest globally.
US President Donald Trump told the UN General Assembly that China and India are the 'primary funders' of the Ukraine war, accusing them of financing it by continuing to buy Russian oil.
India and the United States had earlier held five rounds of negotiations for a trade deal, but the proposed final round of talks scheduled for August was postponed. Over the past few months, India and the US have been negotiating an interim trade deal.
In July, President Trump announced a 25 per cent tariff on Indian goods despite hopes for an interim India-US trade deal that could have helped avoid elevated tariffs. A few days later, he imposed an additional 25 per cent tariff, bringing the total to 50 per cent, citing India's continued imports of Russian oil. These tariffs came into effect on August 27.
India had expressed reservations about the US demand to open up its agricultural and dairy sectors, which are critical and sensitive areas providing livelihoods to a large section of the population. Earlier this year, in March, India and the US had initiated talks on a just, balanced, and mutually beneficial Bilateral Trade Agreement (BTA), aiming to complete the first stage of the agreement by October-November 2025.(ANI)
Get a daily dose of Illinois Intelligencer news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Illinois Intelligencer.
More InformationNew York [US], September 24 (ANI): US President Donald Trump on Tuesday accused China and India of being the 'primary funders' of the...
New Delhi [India], September 24 (ANI): The International Cricket Council (ICC) has suspended USA Cricket (USAC) with immediate effect...
New York [US], September 24 (ANI): External Affairs Minister S Jaishankar on Monday met US Ambassador to India-designate Sergio Gor...
(Photo credit: Robert Hanashiro-Imagn Images) UCLA enters its Big Ten opener against Northwestern on Saturday afternoon in Evanston,...
European leaders said Iran has not done enough yet to fend off so-called snapback sanctions related to Tehran nuclear program as a...
New York [USA], September 24 (ANI): US President Donald Trump expressed his support for NATO countries shooting down Russian aircraft...
SAO PAULO, Brazil: Brazil's health minister said this week he is not attending the United Nations General Assembly in New York after...
DUBAI, U.A.E.: Pakistan's defense minister has confirmed that Saudi Arabia would fall under Islamabad's nuclear umbrella if required...
WASHINGTON, D.C.: The White House rushed to calm fears among immigrant workers after President Donald Trump's plan to impose a $100,000...
ARLINGTON COUNTY, Virginia: Striking Boeing Defense workers overwhelmingly backed a contract proposal drafted by their union, even...
LONDON, U.K.: The United States is seeking to regain control of Bagram air base in Afghanistan, President Donald Trump said this week...
JERUSALEM - In a move that has sparked international debate, the Republic of Fiji has officially opened its embassy in Jerusalem, aligning...
