Trump says US to 'substantially' raise trade tariffs on India
Trump has set a Friday deadline for Russia to agree to a ceasefire with Ukraine.
Trump said in a social media post on Monday that India is buying massive amounts of Russian oil and selling much of it on the open market "for big profits."
He wrote, "They don't care how many people in Ukraine are being killed by the Russian War Machine."
India rejected the charges, calling them "unjustified and unreasonable."
A statement by India's external affairs ministry said the imports are "a necessity" to ensure predicable and affordable energy to the Indian consumer.
"India will take all necessary measures to safeguard its national interests and economic security," the statement added.
Indian government figures show imports of Russian oil have significantly increased. They made up about 2 percent of the country's supply before the invasion of Ukraine, but now account for more than 30 percent.
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