Saralnama
On 27 Aug 2025, the US imposed 50% tariffs on Indian goods. This is a penalty for India buying Russian oil amid the Ukraine war. Peter Navarro, US trade adviser, accused India of funding Russia’s war through cheap oil imports. India rejected the charges, calling US actions unfair since China buys more Russian oil. US Treasury Secretary Scott Bessent said talks with India continue and both sides want to resolve trade issues. The tariffs affect 66% of India's exports to the US. India’s oil imports from Russia are about 1.5 million barrels daily. The trade tensions have paused negotiations for a US-India trade deal expected by mid-2026. The situation remains uncertain as both countries try to manage their complex relationship. (Updated 28 Aug 2025, 09:14 IST; source: link)