India has shown readiness to reduce its oil imports from Russia after facing growing pressure and economic threats from the United States. This move follows President Donald Trump’s recent warning and imposition of additional tariffs on Indian goods, raising total U.S. tariffs on Indian exports to 50%. According to a Reuters report, Indian officials discreetly […]
Indian Exports
India halts US arms deals after Trump’s tariff hike on exports
India has paused new arms deals with the United States after President Donald Trump imposed harsh tariffs on Indian exports. The move signals growing tensions between the two allies. Officials in Delhi said a planned visit by Defence Minister Rajnath Singh to Washington has been cancelled. The visit was meant to finalize major defence deals. […]
US tariffs threaten $64B Indian exports
India expects a major hit to $64 billion worth of exports to the US due to President Trump’s new tariffs and penalties. The tariffs include a 25% tax on Indian goods and a possible 10% penalty for buying Russian oil, according to an internal government report. These measures risk weakening India’s price competitiveness against other […]