In a surprising twist on global trade, Brazil and India have both rejected U.S. demands to stop buying Russian oil. The United States had dangled tariff cuts — some as high as 50% on Brazilian exports like coffee and meat — hoping to sway economic policies, but both nations are holding steady.
Brazil’s chief advisor, Celso Amorim, made it clear in a CNN Brazil interview that Brazil opposes unilateral sanctions unless they are authorized by the United Nations Security Council. He stressed that normal trade relationships shouldn’t be disrupted by political pressure, marking a decisive rejection of the U.S. tactic.
Across the globe, India is continuing with its long-term oil contracts with Russia. Despite threats of a new 25% tariff on its U.S. exports and other potential penalties, Indian sources confirm that its energy strategy remains unchanged. This careful balance has even helped ease global oil price surges, showing that energy needs often weigh more than political ultimatums.
For young news enthusiasts and professionals alike, this development highlights the intricate dance between politics and economic needs. It’s a reminder that in the ever-evolving arena of international trade, steadfast policies and stable partnerships can sometimes trump short-term political maneuvers. 🔥💡
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Brazil, India reject U.S. demands to stop buying Russian oil
cgtn.com
