US Treasury Secretary Scott Bessent slammed the India-EU free trade agreement, which is likely to be unveiled on Tuesday, saying that Europe is indirectly funding the Russia-Ukraine war and was “financing a war against itself” by signing its deal with India.
Bessent said European governments were weakening their own security position by purchasing refined petroleum products from India, which he said are sourced from Russian crude. He argued that this stands in contrast to Washington’s stance, as the US continues to levy tariffs on India over the same issue.