A US House-passed bill could allow President Donald Trump to impose tariffs of up to 100 per cent on India over Russian oil purchases, GTRI said. It warned such measures could threaten Indian exports, energy security and trade relations with Washington
Ex-Trump trade adviser Peter Navarro accused India of being an “oil money laundromat for the Kremlin,” citing Russian oil imports and high tariffs, as Democrats criticised Trump for singling out India over China.
US President Donald Trump imposed 50% tariffs on India, including 25% on Russian oil imports, to pressure an end to the Russia-Ukraine war. India rejected the move as “unjustified,” vowing to protect its national interests and economic security
House Foreign Affairs Committee Democrats said tariffs on India will not stop Russia or address the Ukraine war. US Treasury Secretary Scott Bessent indicated secondary sanctions could rise. India called the targeting “unjustified,” pledging to safeguard national and economic interests.
US President Donald Trump announced a new deal with Pakistan to jointly develop massive oil reserves, suggested future exports to India and linked it with new tariffs and BRICS-related tensions.
Donald Trump announced a 25% tariff on Indian goods, effective August 1, criticising high trade barriers and India's ties with Russia. His Truth Social post accused India of unfair practices and dependency on Russian military and energy supplies
