India’s government is scrambling to contain the economic fallout from President Trump’s threatened tariff action.

Russia accused the United States on Tuesday of exerting illegal trade pressure on India after U.S. President Donald Trump threatened again to raise tariffs on India over its purchases of Russian oil.

President Donald Trump Monday said he would "substantially" raise tariffs on India for "buying massive amounts of Russian oil" and "selling it on the open market for big profits," elaborating on his threat last week to impose a penalty on top of a 25% tax for Indian imports.