U.S. President Donald Trump again threatened on Monday to raise tariffs on goods from India over its Russian oil purchases, while New Delhi called his attack "unjustified" and vowed to protect its economic interests,

President Donald Trump said he will “substantially” raise tariffs on India because it’s still buying Russian oil.

India has pushed back against US President Donald Trump's threat to impose higher tariffs on Indian goods. New Delhi condemned Western criticism of its buying oil from Moscow, vowing to protect its national interests.

President Donald Trump has just signed a bold new executive order that changes the game on global trade. In a sweeping move, the U.S. will impose new tariffs on imports from over 70 countries — with some rates reaching as high as 41%.

President Trump is using an “Art of the Deal” approach to get other nations to hand over cash to lower their tariffs.

"There could be a distribution or a dividend to the people of our country, I would say for people that would be middle income people and lower income people, we could do a dividend," Trump told reporters before boarding Air Force One after leaving his golf club in New Jersey.

The Swiss government held crisis talks on Monday to come up with a proposal that might dissuade US President Donald Trump from imposing 39% tariffs on the country in less than three days.With the rate — the highest among industrial nations — set to go into effect on Aug.

Karin Keller-Sutter accused of mishandling talks as shares dive after Switzerland hit with 39% tariff