Trump’s threat to India over its purchases of Russian oil started on July 31, when he announced a 25% tariff for Indian goods, along with an unspecified penalty.

Continuing his tirade against India, US President Donald Trump has now threatened to impose substantially higher tariffs on India in the next 24 hours. A day after he launched a fresh salvo at India over Russian oil imports, Trump told CNBC today: "I think I am going to raise India's tariffs substantially in the next 24 hours."

Kremlin spokesperson Dmitry Peskov told reporters on Tuesday that "trying to force countries to stop trading with Russia is illegal."