US-India tariffs

14 Aug

US Treasury Warns India Could Face Higher Tariffs if Trump-Putin Talks Fail

Rajeev Sharma0 CommentsBusiness, IndiaRussian oil sanctions, Scott Bessent warning, Trump-Putin Alaska talks, US-India tariffs

Washington, August 14, 2025: US Treasury Secretary Scott Bessent has warned that secondary tariffs on India could rise further if President Donald Trump’s upcoming talks with Russian President Vladimir Putin in Alaska do not deliver progress.In an interview with Bloomberg on Wednesday, Bessent said, “We put secondary tariffs on the Indians for buying Russian oil. I could see, if things don’t go well, then sanctions or secondary tariffs could go up.”President Trump last week announced 50 per cent tariffs on Indian imports, including a 25 per cent duty on crude oil purchases from Russia. The new measures are scheduled to…

07 Aug

“India Has Not Violated Any US Law”: Former MoS MJ Akbar Slams Trump’s Tariffs

Rajeev Sharma0 CommentsIndiaDonald Trump sanctions, India Russia oil trade, MJ Akbar, US-India tariffs

New Delhi— Former Minister of State for External Affairs, MJ Akbar, has strongly criticised the recent US decision to impose steep tariffs on Indian goods, calling it a result of Washington’s "volatile and inconsistent policy." In a conversation with ANI, Akbar defended India’s purchase of Russian oil, stressing that "India has not violated any American law." He noted the contradiction in US President Donald Trump’s actions declaring Russia a foe and penalising India for trade ties, only to announce talks with President Putin days later. Describing the current global scenario as “a game of snakes and ladders” initiated by Trump,…