Trump stated, "India has always bought a vast majority of their military equipment from Russia, and are Russia's largest buyer of ENERGY, along with China." He criticized India's tariffs as "among the highest in the World." This decision is partly to punish India for its economic ties with Russia amid the ongoing war in Ukraine.
Gold prices fell as optimism grew for a ceasefire between Russia and Ukraine, and the largest outflow from gold-backed ETFs since September 2022 pressured the market.
"Imprisoning Mark Kislitsyn in a penal colony on 'treason' charges for sending US$10 to an account in Ukraine defies common sense. The real aim of this prosecution is not protecting state security but punishing a committed human rights activist for his anti-war position."