Diabytes
US India trade tensions News
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US President Donald Trump has said there will be no trade negotiations with India until a dispute over tariffs is resolved, following his administration's decision to double tariffs on Indian imports.
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Noted economist Jeffrey Sachs had warned that the U.S. would block India’s rise. Months later, his prediction echoes in tariffs, stalled trade deals and strained ties.
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Despite rising U.S. pressure and Trump’s tariff warnings, India holds firm on its oil strategy with Moscow, prioritising economic interests over foreign demands.
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Speaking in the Lok Sabha, Commerce and Industry Minister Piyush Goyal stated that the government is closely examining the implications of the recently announced 25% tariffs imposed by the United States on Indian goods.
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