How Donald Trump is leveraging the U.S. economy to use purchases of Russian oil by China and India to damage Russia's war effort.

U.S. President Donald Trump said on Tuesday he would increase the tariff charged on imports from India from the current rate of 25% "very substantially" over the next 24 hours, in view of New Delhi's continued purchases of Russian oil.

India fired back at the United States after President Trump pledged to increase tariffs on New Delhi over the country’s purchase of Russian oil. In a statement Monday, India’s Ministry of External Affairs (MEA) said the purchase of Russian oil is a “necessity” to “ensure predictable and affordable energy costs” and was once “encouraged”