Trump threatens 50% tariffs on India over ties to Russia and Brics bloc
White House move follows India’s oil purchases from Russia and comes amid broader Trump push for trade ‘reciprocity’
White House move follows India’s oil purchases from Russia and comes amid broader Trump push for trade ‘reciprocity’
Trump’s tariff threats and social media outbursts have raised concerns about the state of India-US relations.
It would be added on top of a separate 25 per cent tariff entering into force on Aug 7.
PM Modi’s trip to China for the SCO Summit is expected to be clubbed with a visit to Japan for the annual bilateral summit with PM Shigeru Ishiba
India-tollen dobles til 50 prosent etter russiske oljekjøp.
On the sidelines of the Summit, Modi is also expected to hold bilateral talks with Chinese President Xi Jinping, a meeting that will take place amid rising tensions with the US over trade tariffs and purchase of Russian oil.
Indian Prime Minister Narendra Modi will attend the Shanghai Cooperation Organisation summit in Tianjin, marking his first China visit since 2018 amid escalating US-India trade tensions.
Indian PM to visit China for SCO summit: source. Says Modi China visit first in over 7 years. India braces for $64bn export hit due to US tariffs.
India braces for hit to $64bn US exports amid rising tensions with Washington.