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India says US trade negotiations are still going on as fresh tariffs loom

  • On August 23, 2025, Indian Foreign Minister Subrahmanyam Jaishankar confirmed that discussions regarding trade with the United States are continuing despite existing tensions and tariffs.
  • These talks follow the Trump administration's decision to raise tariffs above 50% on Indian goods as a penalty for India's continued purchase of Russian oil, which India disputes.
  • Jaishankar emphasized that defending farmers' and small producers' interests are red lines that India will not compromise, and he criticized the framing of the dispute mainly as an oil issue.
  • He highlighted that the volume of trade between Russia and European countries significantly exceeds that between Russia and India, noting that claims about India financing the war overlook the larger scale of Russia-EU commerce.
  • A scheduled trip by American trade officials to New Delhi from August 25 to 29 was called off, reducing expectations for a rollback or delay of tariffs amid ongoing discussions between the two nations.
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ReutersReuters
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India says US trade negotiations are still going on as fresh tariffs loom

India's foreign minister said on Saturday that trade negotiations with Washington are continuing but there are lines that New Delhi needs to defend, just days before hefty additional U.S. tariffs are due to hit.

·United Kingdom
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Social Samosa broke the news in on Friday, August 22, 2025.
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