Trump's Tariff Tantrum: U.S.-India Trade Tensions Escalate Over Russian Oil

In a significant escalation of trade tensions, U.S. President Donald Trump has imposed a 25% tariff on Indian goods, citing India's continued import of Russian oil as the reason for the move. This decision threatens to dismantle the previously warm relations between the two countries and comes after trade talks reached a stalemate.

Analysts believe the tariffs, which could raise duties on some Indian exports to as much as 50%, mark a downturn in U.S.-India relations. Sectors like textiles, footwear, gems, and jewelry are particularly vulnerable, with India's access to its largest export market under threat.

In response, India's external affairs ministry labeled the decision "extremely unfortunate," and emphasized the necessity of Russian oil purchases due to market conditions and energy needs. Meanwhile, Indian Prime Minister Narendra Modi prepares for a strategic visit to China, potentially hinting at shifting alliances in the face of U.S. trade policies.

(With inputs from agencies.)