Pak Gets US Deal As Trump Suggests India To Buy Pak Oil In Future

President Trump’s increasingly vitriolic posts on social media platform

Truth Social have added to New Delhi’s diplomatic and economic concerns. In his latest post, he wrote: "I don't care what India does with Russia. They can take their dead economies down together, for all I care. We have done very little business with India, their tariffs are too high, among the highest in the world. Likewise, Russia and the USA do almost no business together. Let's keep it that way."

Trump also criticised India’s longstanding defence ties and oil procurement from Russia, stating that India “has always bought a vast majority of their military equipment from Russia” and remains “Russia’s largest buyer of energy, along with China,” even as the global community urges Moscow to end the war in Ukraine. According to reports, the US is expected to impose unspecified penalties on India over its continued imports of military hardware and crude oil from Russia.

Trump’s remarks are surprising, given that the International Monetary Fund (IMF) has described India as the fastest-growing major economy in the world. India is also reported to have surpassed Japan to become the world’s fourth-largest economy, with a GDP of US$4.187 trillion. Meanwhile, Pakistan’s oil reserves, including the unverified potential in its restive Balochistan province, have yet to be globally recognised as “massive.”

On Wednesday, Trump had earlier stated: “Remember, while India is our friend, we have, over the years, done relatively little business with them because their tariffs are far too high, among the highest in the world, and they have the most strenuous and obnoxious non-monetary trade barriers of any country.”
“We have a massive trade deficit with India,” he added.

On Pakistan, President Trump said: “We have just concluded a deal with the country of Pakistan, whereby Pakistan and the United States will work together on developing their massive oil reserves. We are in the process of choosing the oil company that will lead this partnership. Who knows, maybe they’ll be selling oil to India someday!”

In response, Islamabad issued a statement describing the agreement as a landmark development aimed at boosting bilateral trade, expanding market access, attracting investment, and fostering cooperation in areas of mutual interest. The agreement includes provisions for reciprocal tariff reductions, especially on Pakistani exports to the United States. It also marks a new phase in economic collaboration across sectors such as energy, mining, IT, cryptocurrency, and more.
Despite Trump’s claims, Pakistan is ranked 52nd globally in proven oil reserves, with just over 350 million barrels.
In response to the US President’s comments, India’s Ministry of Commerce issued a statement on Wednesday: “The Government has taken note of the US President’s statement on bilateral trade. The matter is being studied for its implications. India and the US have been engaged in negotiations over the past few months to conclude a fair, balanced, and mutually beneficial bilateral trade agreement. We remain committed to that objective.”

“The Government attaches the utmost importance to protecting and promoting the welfare of our farmers, entrepreneurs, and MSMEs. All necessary steps will be taken to secure our national interest, as has been the case with other trade agreements, including the recently concluded Comprehensive Economic and Trade Agreement with the UK.”