US Edition
Trump-Modi Bromance Sours over Trade Talks, Russian Oil
INDIA, AUG 5 – The US imposed a 25% tariff hike on Indian exports due to India's $30 billion annual Russian oil purchases, escalating economic and diplomatic tensions between the two nations.
- Donald Trump has imposed a 25% tariff on Indian imports due to India's purchases of Russian oil, which he claims support Moscow’s war in Ukraine.
- India's Ministry of External Affairs criticized the U.S. stance as unjustified, highlighting Europe’s greater trade with Russia.
- Trump threatened further penalties related to India's energy purchases from Russia, intensifying U.S.-India tensions.
- Modi asserted that India will safeguard its national interests despite the tariff pressures from the U.S.
12 Articles
12 Articles
Is India Facing Highest Trump Tariff? Breaking Down The Latest US Order
US President Donald Trump today signed an executive order imposing an additional 25 per cent tariff on Indian goods, citing New Delhi's continued purchase of Russian oil -- a revenue source the White House says is sustaining Moscow's war in Ukraine.
Trump-Modi bromance sours over trade talks, Russian oil
During his first term, President Trump struck up an exuberant bromance with Indian Prime Minister Narendra Modi, holding joint rallies in Texas and India and calling Modi one of “America’s greatest, most devoted, and most loyal friends.” While Modi was among the first heads of state to visit the White House in Trump’s second term,…
Is Trump pushing India and China closer together?
Donald Trump has repeatedly issued warnings to India of ‘substantially’ raising tariffs owing to its oil trade with Russia. This has led to an unexpected outcome: China and India are both pushing back against the US, adopting a defiant tone. Could this lead to a further thaw in ties between Beijing and New Delhi?
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