President Trump accused India of aiding Moscow’s war on Ukraine by purchasing Russian energy, derailing trade talks between India and the United States.

U.S. President Donald Trump said on Tuesday he would increase the tariff charged on imports from India from the current rate of 25% "very substantially" over the next 24 hours, in view of New Delhi's continued purchases of Russian oil.

The Guinness brewer now expects to take a $200 million annual hit from tariffs, although it said it could mitigate half of that.