India, Russia and Peter Navarro
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India is stealing US jobs, stunting trade growth with unfair practices: Peter Navarro
Peter Navarro, White House senior counselor for trade and manufacturing, discusses India's purchase of Russian oil, the U.S. expanding 50% steel and aluminum tariffs to 407 products and DNI Tulsi Gabbard removing clearances from 37 officials.
WH Trade Advisor Peter Navarro says that India has now become a major refining hub for Russian oil, while at the same time claiming neutrality to avoid "sanctions scrutiny".
In an opinion piece for the Financial Times, Navarro — a close confidant of US President Donald Trump — claimed India had become a “global clearing house” for Russian crude, refining discounted oil and reselling it abroad while allowing Russia to pocket badly needed foreign currency.
11hon MSN
'They are just profiteering': US treasury fires fresh salvo at India’s rich over Russian oil
Bessent’s remarks come on the heels of a scathing op-ed by White House adviser Peter Navarro in the Financial Times, accusing India’s energy giants of funneling profits from Russian oil “into Vladimir Putin’s war chest.
This follows Peter Navarro's comment that India is 'a global clearing house for Russian crude' & that the proceeds flow to India's politically connected energy titans & into Putin’s war chest.
White House counsellor for trade and manufacturing Peter Navarro has accused India of enabling Russia’s war in Ukraine by acting as a “global clearinghouse” for Russian oil, while continuing to block American exports with high tariffs.
In his op-ed, Navarro reiterated the claim that India's purchase of Russian oil were funding the Russia-Ukraine war.
White House trade advisor Peter Navarro said India's Russian oil buys are funding Moscow's war in Ukraine and must end, warning New Delhi is "cozying up" to Russia and China in an op-ed published Monday in the Financial Times.