Can India repair trade ties with the US without giving up its Russian oil imports?
US-India trade relations came under significant strain after tariffs on Indian exports rose to as much as 50%, partly justified by India's continued purchases of discounted Russian oil. India has defended these purchases as necessary for affordable energy access, noting that the US and EU have also continued some trade with Russia. More recent moves toward a narrower bilateral trade understanding suggest both sides are seeking a path forward, though the underlying disagreement over energy sourcing has not been fully resolved.
Tariffs on Indian exports to the US rose as high as 50%, including a penalty tied specifically to Russian oil purchases.
More recent negotiations toward a bilateral trade understanding suggest both sides are seeking to de-escalate tensions.