US-India Trade Talks Stall Amid Trump’s 25% Tariffs, Rising Tensions
US-India Trade Talks Stall Amid Trump’s 25% Tariffs, Rising Tensions

US-India Trade Talks Stall Amid Trump’s 25% Tariffs, Rising Tensions

News summary

US President Donald Trump has sharply criticized former Russian President Dmitry Medvedev following Medvedev's condemnation of Trump's foreign policy, warning him to 'watch his words' as tensions rise. Trump dismissed concerns about Russia's cooperation with India, threatening to impose a 25% tariff on Indian imports due to India's continued purchases from Russia, escalating trade tensions between the US and India. Despite previous negotiations aimed at a trade agreement, talks have stalled largely over US demands for greater access to India's agricultural market, which India resists to protect domestic industries. Indian trade groups have condemned the tariffs and secondary sanctions related to oil imports from Russia, warning of economic damage and rising inflation. The trade dispute has disrupted key exports such as Indian-assembled iPhones and led some US importers to cease business with India. Meanwhile, Medvedev responded to Trump's warnings with Cold War-style nuclear rhetoric, alluding to uncontrollable escalation, reflecting heightened geopolitical tensions amid ongoing conflicts over Ukraine and international trade.

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