‘India has not been a great global actor’: Donald Trump administration fires fresh salvo after 25% tariff; says Russia oil ‘most certainly a point of irritation’
‘India has not been a great global actor’: Donald Trump administration fires fresh salvo after 25% tariff; says Russia oil ‘most certainly a point of irritation’
US Treasury Secretary Scott Bessent expressed frustration with India's trade practices, particularly its purchase of sanctioned Russian oil, leading to potential penalties and tariffs. President Trump's administration is reportedly displeased with India's slow pace in trade negotiations. Experts suggest these actions are pressure tactics to expedite a trade deal, especially as the US secures agreements with other major partners.
US Treasury Secretary Scott Bessent expressed frustration with India's trade practices, particularly its purchase of sanctioned Russian oil, leading to potential penalties and tariffs. President Trump's administration is reportedly displeased with India's slow pace in trade negotiations. Experts suggest these actions are pressure tactics to expedite a trade deal, especially as the US secures agreements with other major partners.