31-August-2025
Economy News
 
‘Not until we…’, Trump hints at freezing India-US trade talks after slapping 50% tariffs
08-Aug-2025

India-US trade talk: US President Donald Trump has put trade talks with India on ice, saying negotiations will not resume until the dispute over tariffs is resolved. Speaking at the Oval Office, Trump told ANI, “No, not until we get it resolved,” when asked if discussions could restart in light of a new 50 per cent duty on Indian imports. The statement came just hours after the White House issued an Executive Order doubling tariffs on Indian goods, citing national security and foreign policy concerns linked to India’s continued imports of Russian oil.

News Source:- https://www.financialexpress.com/policy/economy-is-trump-freezing-trade-talks-with-india-after-slapping-50-tariffs-3940025/