Trump: I will be substantially raising the Tariff paid by India to the USA. India is buying Russian Oil, then selling much of it on the open market | Forex Factory

  • Trump: I will be substantially raising the Tariff paid by India to the USA. India is buying Russian Oil, then selling much of it on the open market

    From @realDonaldTrump

    [truth_social_post=114971053091282290;0]India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don’t care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA. Thank you for your attention to this matter!!! President DJT[/truth_social_post]

Comment Options
1greyfox
Aug 4, 2025 10:05am
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Quoting andinurhasan
its mumbai, dumbai, shitbai, no nobody gives a flying ****
Thank you for your intelligent assessment of the issue. No one cares for your stupid useless reply.
ForexFactory is becoming the land of childish cursing, it used to be professional here, those days are gone.
Reply
Windstrown
Aug 4, 2025 9:57am
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Oh well now Americans are paying even more tax, hmm good one trumpie by the time you get your industries build back in America the whole world will live without the US. Great form of taxation on your own people
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DwnUndrTrdr
Aug 4, 2025 10:09am
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Quoting Js3mwtRc
No taco this time!
Agree. Here in Australia imports of Russian oil refined in India up 30%.
heretheregon
Aug 4, 2025 10:18am
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As a firm Trump hater - he has a point.
Weird how he didn't give a damn a couple of months ago and was willing to shove Ukraine under the rug.
I'm not too sure this will have much effect though.
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CashBox
Aug 4, 2025 2:38pm
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It's sad that comments by non-members are allowed by FF.
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dchristi
Aug 4, 2025 10:26am
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Once again, Dumb Don is peddling the false claim that the exporting country will pay higher tariffs.

No, U.S. importers of Indian goods, and eventually U.S. consumers of those goods will now pay the higher tariffs.
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Js3mwtRc
Aug 4, 2025 9:57am
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No taco this time!
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Polimini
Aug 4, 2025 10:12am
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He isn't totally wrong. I don't know the numbers, but everyone seems to agree that has going on for a long time. Is this the best way to deal with it? not really imo.
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CashBox
Aug 4, 2025 2:36pm
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Quoting Trader#A306
Everyone will buy cheap Russian oil. Tariffs are a useless trick to hide the Epstein list.
lol, if the Epstein list is soooo important and is allllll about Trump, then why didn't the biden administration release "the list"?

Hmm, maybe because releasing the list would NOT have damaged Trump, but would have damaged the other side who had the power to release it for several years?

People are so stupid it's funny.
Reply
Price
Aug 4, 2025 10:21am
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Tell NK Rocket Man to stop sending troops. That would help.
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DwnUndrTrdr
Aug 4, 2025 10:12am
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Quoting 1greyfox
{quote} Thank you for your intelligent assessment of the issue. No one cares for your stupid useless reply. ForexFactory is becoming the land of childish cursing, it used to be professional here, those days are gone.
Sign of the times my friend. The US President has no problem dropping the F bomb
Mafia
Aug 4, 2025 11:09am
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Good point Mr. President. India is full hypocrites, bend them hard until they get on their knees.
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The Fool
Aug 4, 2025 12:59pm
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Who pays the tariffs?
The Fool
Aug 5, 2025 9:35am
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https://en.wikipedia.org/wiki/Poor_Things_(film)
Inserted Video
chemosi
Aug 5, 2025 9:20am
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Where are the "Trump is a Putin asset " comments????
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ridrid
Aug 4, 2025 10:16am
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bro this insider trading needs to stop
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laxma
Aug 4, 2025 10:21am
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Mister trump don't give illogical statement about continuing of Ukraine war.in own her election campaign you said that I who is bring peace in this World but after making president attack on Iran, threat of nuclear war and threat of higher tariff literally ruin the world thank you for attention
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Trader#248D
Aug 4, 2025 11:06am
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Anything that might cause the Russian war machine to grind to a halt is worthwhile. Shame that he's not so bothered about the Israel war machine rumbling it's way through a civilian population.
Reply
Eurorally
Aug 4, 2025 6:12pm
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Quoting 1greyfox
{quote} Thank you for your intelligent assessment of the issue. No one cares for your stupid useless reply. ForexFactory is becoming the land of childish cursing, it used to be professional here, those days are gone.
You have said it !
Reply
1greyfox
Aug 4, 2025 12:28pm
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Quoting DwnUndrTrdr
{quote} Sign of the times my friend. The US President has no problem dropping the F bomb
Hello DwnUndrTrdr.

Unfortunately, you are correct, it is a sign of the times. I expect more from not only President Trump but also from all the elected officials with their use of foul language.
Also, disrespecting any of the elected officials( no matter what country they are in) by calling them all sorts of names isn't right either. The scriptures plainly teach that we are to respect those who are over us. The highest is God himself. We will all be held accountable for all we have done while on earth.
Reply
DwnUndrTrdr
Aug 4, 2025 10:33am
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Quoting ridrid
bro this insider trading needs to stop
The story has been really starting to cook last week so I wouldn’t call this tweet a huge surprise. But, yeah I’m sure there’s some well informed money that’s been put to work
DwnUndrTrdr
Aug 4, 2025 7:50pm
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Quoting Frosteez
{quote} How could you arrive to that conclusion? If he were to stop the Rus-Ukr war, wouldnt it be like the 3rd or 4th war he's ended since the start of this term? The real deal here is Grand Strategy. We foresee an upcoming, large-scale conflict with China over Taiwan. If we cannot weaken China's pockets then we can weaken their partner nations and therefore hurt China indirectly. There is a lot of bullsh going on back home and we needed this to be a term where the losing party teamed up with the other. Instead the losing party seems to only be...
You do understand how this tariff thing works?
DwnUndrTrdr
Aug 4, 2025 9:23pm
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Quoting JonGlover
{quote} Exactly right. This site used to be traders talking about trading. Now all they do is give political opinions.
True. In fairness, I think the current financial environment is more politically directed than in recent history so the conversation reflects this.
DwnUndrTrdr
Aug 4, 2025 9:28pm — Edited
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Quoting fxpipper
The world keeps spinning and doesn't give a fuck about the Toddler-in-Chief or his bully tactics.
For all the cheerleading in the world, all of these trade agreements have to be negotiated, enacted and ratified. Trump and his song and dance show will have packed up long before.
DwnUndrTrdr
Aug 5, 2025 9:31am
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Quoting andinurhasan
{quote} Oh, who are you? You are an obstinate boomer, and I don't want to listen to you. If you're a true gentleman, don't come here. Instead, go to the internal trader group of CME. You are not that man; you are not a professional. You're a poor thingperson who wants to be validated by strangers.
Your comment shows you are a poor thingperson as well. Welcome to the tribe. Take a seat around the fire, warm yourself.
DwnUndrTrdr
Aug 5, 2025 9:37am
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Quoting chemosi
Where are the "Trump is a Putin asset " comments????
Trump is a Trump asset. We are all collateral in his game. The fact he is the leader of the free world should give a moment’s pause..
andinurhasan
Aug 5, 2025 7:43am
Permalink
Quoting 1greyfox
{quote} Thank you for your intelligent assessment of the issue. No one cares for your stupid useless reply. ForexFactory is becoming the land of childish cursing, it used to be professional here, those days are gone.
Oh, who are you? You are an obstinate boomer, and I don't want to listen to you. If you're a true gentleman, don't come here. Instead, go to the internal trader group of CME. You are not that man; you are not a professional. You're a poor thingperson who wants to be validated by strangers.
Reply
thesaint9
Aug 4, 2025 3:03pm
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Quoting heretheregon
As a firm Trump hater - he has a point. Weird how he didn't give a damn a couple of months ago and was willing to shove Ukraine under the rug. I'm not too sure this will have much effect though.
So it is ok for Trump to arm-twist Ukraine into making a deal to mine, but it's not ok for India, an oil-dependent country, to buy cheap oil for its people? This is why the world will eventually stop trading with the US and opt for another currency to trade in because the US keeps over-leveraging its strength in a dictatorial way and makes itself less trusted.
Reply
thesaint9
Aug 4, 2025 3:05pm
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Quoting CashBox
{quote} lol, if the Epstein list is soooo important and is allllll about Trump, then why didn't the biden administration release "the list"? Hmm, maybe because releasing the list would NOT have damaged Trump, but would have damaged the other side who had the power to release it for several years? People are so stupid it's funny.
It is because even the Democrats and their wealthy donors are on the list. DUH!! The list will expose Trump, Democrats, Republicans, and many wealthy folks. You can't be that naive to believe there is "no list". Why in the world was Maxwell sentenced then? Trump himself said a lot of lives would be destroyed if the list were released, and he was not talking about the victims. And victims' names can be redacted easily. What does common sense tell you when he says these things?
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Trader#D2F5
Aug 4, 2025 9:58am
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He just want his share of the profit and not caring about war or people of Ukraine.
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lordnq72
Aug 4, 2025 10:04am
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Why is this piece of shit allowed to open his mouth
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Trader#A306
Aug 4, 2025 10:11am
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Everyone will buy cheap Russian oil. Tariffs are a useless trick to hide the Epstein list.
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Trader#36CF
Aug 4, 2025 10:58am
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Attack Trump for trying to stop a war that India is helping to fund?
So are you a Chinese bot or a Russian bot? Clueless either way.

As to everyone who keeps saying US people will pay all the tariffs, that’s mathematically ridiculous and there is zero evidence for that. Definitely some costs will be passed on for certain things. There will be a one time increase in costs, but you can buy alternatives if possible. Also if faced with a tax increase that would cost you $10k a year vs. tariffs that might cost you less than $2k per year, which would you prefer? The tariffs are guaranteed better deal than letting the taxes go back to where they were.
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Trader#8837
Aug 4, 2025 11:16am
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Quoting Trader#36CF
Attack Trump for trying to stop a war that India is helping to fund? So are you a Chinese bot or a Russian bot? Clueless either way. As to everyone who keeps saying US people will pay all the tariffs, that’s mathematically ridiculous and there is zero evidence for that. Definitely some costs will be passed on for certain things. There will be a one time increase in costs, but you can buy alternatives if possible. Also if faced with a tax increase that would cost you $10k a year vs. tariffs that might cost you less than $2k per year, which would...
you don't understand how tariffs work , you also disregard the trickle down effect of lost revenue. If you think he's doing this because India is buying Russian oil your sipping koolaid( I agree they shouldn't be) that's his excuse not his reason
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First-boss
Aug 4, 2025 10:35am
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its about to go down!!!
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fxpipper
Aug 4, 2025 9:18pm
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The world keeps spinning and doesn't give a fuck about the Toddler-in-Chief or his bully tactics.
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CryptoNiche
Aug 4, 2025 2:01pm
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Go Trump!
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jordanvic
Aug 4, 2025 9:58am
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You know it's bad when even India doesn't give a damn about your tarrifs.
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princegujjar
Aug 4, 2025 2:13pm
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Does it mean no one else is allowed to make profit?
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green789
Aug 4, 2025 1:48pm
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Trump imposed or is in process to impose 30 % tariffs on South Africa as well ..it is because South Africa is a Bricks country like India ..will have great economic effects in our country as well...
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Trader#43AA
Aug 4, 2025 10:02am
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They broke my asshole again
Reply
jilvin
Aug 4, 2025 10:43am
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Quoting dchristi
Once again, Dumb Don is peddling the false claim that the exporting country will pay higher tariffs. No, U.S. importers of Indian goods, and eventually U.S. consumers of those goods will now pay the higher tariffs.
It could dampen exports of India too, especially for non essential commodities. It's not as simple as one country paying the toll.
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Trader#E7CF
Aug 4, 2025 11:07am
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But why would buyers pay higher prices for Indian (russian oil) when it is available in the market place? Trump is speaking from his arse.
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Trader#3A45
Aug 4, 2025 12:37pm
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The damage Dictator Don is doing to international relationships and the good will of other nations will haunt the US for decades..
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Frosteez
Aug 4, 2025 5:41pm
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Quoting Trader#D2F5
He just want his share of the profit and not caring about war or people of Ukraine.
How could you arrive to that conclusion?
If he were to stop the Rus-Ukr war, wouldnt it be like the 3rd or 4th war he's ended since the start of this term?
The real deal here is Grand Strategy.
We foresee an upcoming, large-scale conflict with China over Taiwan.
If we cannot weaken China's pockets then we can weaken their partner nations and therefore hurt China indirectly.
There is a lot of bullsh going on back home and we needed this to be a term where the losing party teamed up with the other.
Instead the losing party seems to only be participating in destructive, manipulative sabotage.
I'm tired of the fighting and the opinions meant to sway others opinions when then original is deriving from uneducated, un-informed mouths & minds.Even if we dont go to war with anyone over the next 20 years, we are on a financially unsustainable path as a country.
Idc if we gotta charge the world 10x more tariff fees than normal, its us or them
Reply
JonGlover
Aug 4, 2025 7:58pm
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Quoting 1greyfox
{quote} Thank you for your intelligent assessment of the issue. No one cares for your stupid useless reply. ForexFactory is becoming the land of childish cursing, it used to be professional here, those days are gone.
Exactly right. This site used to be traders talking about trading. Now all they do is give political opinions.
Reply
Taprootv1
Aug 4, 2025 9:56am
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Be nice
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Akash46
Aug 4, 2025 10:05am
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somebody tell this man to stfu
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ME-Trader
Aug 4, 2025 10:07am
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Trump is a Market Menace
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Akash46
Aug 4, 2025 10:07am
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this guy is eating my sl like a bulk diet
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Calin100
Aug 4, 2025 10:19am
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I think the Yen looks good these days ))
UncleIroh
Aug 4, 2025 10:21am
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The trump show continues
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Trader#8837
Aug 4, 2025 11:03am
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Quoting Trader#1782
{quote}lmao telling a president to stfu lol who the f are you
a president is just another person, if you think he's special that's your delusion don't push it on others
Reply
Trader#8837
Aug 4, 2025 11:13am
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Quoting Trader#248D
Anything that might cause the Russian war machine to grind to a halt is worthwhile. Shame that he's not so bothered about the Israel war machine rumbling it's way through a civilian population.
trump and his cronies have big land grab aspirations and ergo support netenyahoos blitzkrieg 2.0 the Palestine genocide plan.
Reply
Dpks
Aug 4, 2025 2:37pm
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Quoting Mafia
Good point Mr. President. India is full hypocrites, bend them hard until they get on their knees.
You won't be able to do that
Reply
Trader#2DAB
Aug 4, 2025 2:40pm
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Fuck man, now whole of India has to face consequences of what one company(owner by Mukesh Ambani) is doing. He doesn’t even sell this cheap oil in India, exports it all after refining to the world. Foreign policy thrown down the drain just so Modi can help his buddy make money.
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Ghosh
Aug 4, 2025 3:33pm
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he will pay for this by indians
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Trader#3A45
Aug 4, 2025 4:02pm
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WTF does Trump continually say the Country of Origin will pay?? Even a quick AI search returns this...

Tariffs are taxes imposed by a government on imported goods. While tariffs are paid directly by the importer (usually a domestic company bringing goods from abroad), the cost often gets passed along the supply chain. Here's how it typically breaks down:

1. Importer Pays First
The company importing the goods pays the tariff to the government when the goods enter the country.

2. Costs Passed to Others
The importer may then:

Raise prices for wholesalers or retailers,

Or directly pass higher prices to consumers.

3. End Result: Consumers Often Pay More
Although the government collects the money from the importer, the final burden is usually shared:

Consumers pay higher prices for imported goods.

Domestic businesses that rely on imported materials may face higher costs.

Foreign exporters may see reduced demand if prices rise too much.

Example:
If the U.S. imposes a 25% tariff on imported steel:

A U.S. company importing steel from China pays the 25% tariff at the border.

That company likely raises prices on products made with steel.

Consumers or businesses buying those products ultimately feel the price increase
Reply
Trader#6CF0
Aug 5, 2025 1:10am
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Quoting dchristi
Once again, Dumb Don is peddling the false claim that the exporting country will pay higher tariffs. No, U.S. importers of Indian goods, and eventually U.S. consumers of those goods will now pay the higher tariffs.
i think will send bear
Reply
Lashaun
Aug 5, 2025 4:52am
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Ah he beat me to it the rascal!! "Thank you for your attention to this matter"
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Trader#4B09
Aug 4, 2025 10:06am
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Stfuuuu, keep fucking up my trades
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Trader#4486
Aug 4, 2025 10:07am
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Imagine gold killing all world it's cheating keep raising for no reason just hunting traders
Reply
Trader#1782
Aug 4, 2025 10:17am
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Quoting Trader#A306
Everyone will buy cheap Russian oil. Tariffs are a useless trick to hide the Epstein list.
lmao epstein list make you rich?
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Trader#1782
Aug 4, 2025 10:18am
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Quoting Akash46
somebody tell this man to stfu
lmao telling a president to stfu lol who the f are you
Reply
Trader#667C
Aug 4, 2025 10:26am
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will this news push gold prices further or cause a temporary bearish sentiment?
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Trader#0B3C
Aug 4, 2025 10:28am
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oh shit
Reply
Trader#EA0E
Aug 4, 2025 11:00am
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Stocks LOVE this news, keep wining Donny boy
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Trader#BEDF
Aug 4, 2025 12:00pm
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GOLD RISE
Reply
Trader#E633
Aug 4, 2025 12:02pm
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donald duck gone mad...
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Trader#1C24
Aug 4, 2025 12:06pm
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the price of my polo just went up, thanks trump
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Trader#7598
Aug 4, 2025 12:14pm
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tariff 4 peace. that's the idea. if you are an idiot enough, you don't get this. prosperity vs war... that's the question?
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Trader#39D1
Aug 4, 2025 12:29pm
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What about Israel doing in Palestine! You bloddy Moron you dont even deserve to be president! This guy is clearly mentally instable! Pity the Americans chose him as their president!
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Trader#9EB6
Aug 4, 2025 12:59pm
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That’s gonna be real crazy
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Trader#EC29
Aug 4, 2025 1:01pm
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Come on , india will fu** u.
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Trader#80B9
Aug 4, 2025 2:04pm
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Your mother's son Trump
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Trader#F6FE
Aug 4, 2025 3:43pm
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Tariffs are always paid by the country that does the importing!! USA will be paying and the tax revenue pick-up clearly shows increased tax burden on the US economy.
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Trader#6419
Aug 4, 2025 9:06pm
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keep buying them dips. markets dont go down yall
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