Business

India's Strategic Moves to Counter Trump's Tariff Threats: From Oil Imports to Diplomatic Diplomacy

US President Donald Trump's Tariff Threat

US President Donald Trump has escalated tensions by threatening to significantly raise tariffs on Indian goods, citing New Delhi's continued purchase of discounted Russian oil as the reason. This move could severely impact Indian exporters across various sectors.

From oil to outrage: How India plans to counter Trump’s tariff threat

India's Response

The Modi government is strategizing behind the scenes to mitigate the economic fallout and stabilize relations without escalating the situation publicly. Measures include sectoral support for affected industries and exploring diplomatic trade-offs.

Global Implications

This trade rift has significant economic and geopolitical consequences, with India becoming the largest seaborne buyer of Russian crude. The situation highlights the delicate balance of global trade relations and the challenges of navigating them amidst geopolitical tensions.

What's Next

With deadlines looming and the US elections on the horizon, the next steps in US-India relations remain uncertain. India's cautious yet firm response aims to protect its national interests while avoiding further escalation.