President Trump declared that the U.S. will not engage in trade negotiations with India until the existing tariff dispute is resolved. This decision follows the U.S. imposing a 50% tariff on Indian exports, citing concerns over India’s trade imbalance and continued purchase of Russian oil. President Trump declared that the U.S. will not engage in trade negotiations with India until the existing tariff dispute is resolved. This decision follows the U.S. imposing a 50% tariff on Indian exports, citing concerns over India’s trade imbalance and continued purchase of Russian oil.
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50% US tariffs on India: More trade talks ahead? Trump asked; here’s how he responded
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