A US delegation's planned visit to India for bilateral trade agreement negotiations is likely postponed, casting uncertainty on the sixth round of dis

U.S. President Donald Trump has announced additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%.

Former National Security Adviser John Bolton said Wednesday that President Trump’s tariffs may push India further away from the U.S. and into deeper alliances with Russia and China. The president previously threatened to impose a 25 percent tariff on India for purchasing oil from the Kremlin absent of similar punishments for China,

Trade negotiations between India and the US have stalled, with significant implications for agricultural policies and tariffs on Indian goods.

Renowned economist and Columbia University Professor Jeffrey Sachs has strongly criticised the United States administration’s tariffs, terming them as pressure tactic on India.

The Modi government will hope that Washington and Moscow will arrive at a final agreement on how to deal with Ukraine and Trump will discard the 25 per cent additional tariff. At the minimum, Delhi would want Trump to postpone the deadline of August 27 for implementing the additional tariffs against India.

President Donald Trump says the United States and India are still negotiating on trade despite new tariffs slated to begin in a few days.

India's merchandise trade deficit hit an eight-month high of over $27 billion in July as imports surged faster than exports ahead of U.S. President Donald Trump's announcements of new tariffs on trading partners,