Trump's Tariff Wall: A New India Trade Standoff

US President Donald Trump imposed an additional 25 per cent tariff on Indian goods, increasing it to 50 per cent, targeting India's imports of Russian oil. The move, criticized by India as unjustified, could strain US-India trade relations, with key export sectors like textiles and leather bearing the brunt.

In a move escalating trade tensions, US President Donald Trump has doubled tariffs on Indian goods to 50 per cent, citing New Delhi's continued imports of Russian oil. This action not only affects critical sectors including textiles and leather but also heightens bilateral trade disputes.

The additional tariff targets only India among Russian oil importers, sparing countries like China and Turkey with lower duties. Responding to what it terms 'unfair and unreasonable' tariffs, India threatens necessary actions to protect national interests.

This development may hamper the U.S.-India strategic partnership as it coincides with upcoming talks on a bilateral trade agreement, putting a strain on negotiations and potentially affecting $86 billion worth of exports.

(With inputs from agencies.)