500 Billion Dollar Promise, 18% Tariffs Cut, But Oil Pressure Puts India-US Trade Deal Under Strain

Описание: This is being sold as a breakthrough moment in India–US trade ties. A $500 billion promise, reduced tariffs, and expanded market access. US President Donald Trump announced a new trade deal claiming immediate effect, while Prime Minister Narendra Modi confirmed one key part—tariffs on Made in India goods have been cut to 18 percent from 25. But beyond that shared statement, the stories diverge sharply. Trump claims India will drop all tariffs and non-tariff barriers, buy over $500 billion worth of American goods, and completely stop buying Russian oil. India has confirmed none of this. The White House has linked tariff relief to an expectation that India will cease Russian oil imports, striking at the heart of India’s energy policy. With Russia supplying nearly 40 percent of India’s crude and long-term contracts in place, New Delhi’s silence is strategic. This deal may boost trade, but it also tests India’s autonomy in an era of economic pressure and geopolitical bargaining.

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