US-India Trade Tensions Rise Over Tariffs and Russian Oil

Donald Trump’s top economic adviser has warned New Delhi that if India keeps buying Russian crude oil, Washington will not relax its tough tariffs.

Kevin Hassett, Director of the US National Economic Council, called trade negotiations with India “complicated.” He accused India of refusing to open its markets to American products.

“If the Indians don’t budge, I don’t think President Trump will,” Hassett said.

US Imposes Record-High Tariffs on Indian Goods

On Wednesday, the United States raised tariffs on Indian imports to 50%, the highest after Brazil. The hike includes a 25% duty linked to India’s Russian oil trade.

Hassett explained that the US is using tariffs both to pressure Russia and to push India to give fair access to US products.

He compared the talks to a marathon, saying they need patience, long-term focus, and acceptance of ups and downs before reaching a deal.

Trump Team’s View on Negotiations

Hassett’s warning followed remarks by US Treasury Secretary Scott Bessent. Bessent said tariffs were not just about Russian oil but also about delays in the trade talks.

“I thought we’d close a deal by May or June. India could have been one of the first. But they slowed us down,” Bessent told Fox Business.

He admitted the talks were “complicated” but stayed hopeful:

“India is the world’s largest democracy. The US is the world’s largest economy. At the end, we will come together.”

India Stands Firm

India has made it clear it will not give in to US pressure. Prime Minister Narendra Modi said he will “never compromise” on protecting Indian farmers and the nation’s interests.

The government estimated that the tariffs will hit $48.2 billion worth of Indian exports to the US. Experts warned that higher duties could make many shipments to America unprofitable, which could cause job losses and slower growth.

Officials stressed that India is ready to face the challenge. They said the country will track the economic ripple effects and respond with strong policy steps.

✅ Key Highlights:

• US doubles tariffs on Indian goods to 50%

• Hassett warns India over Russian oil imports

• Talks described as “complicated but ongoing”

• Modi vows to protect farmers and economy