World

US-India Trade Relations Strained Over Oil Imports

Updated 2026-10-02 04:10 UTC 1 source Negative

U.S. trade representative Greer stated that a deal with India is not imminent, following a call between U.S. President Trump and Indian Prime Minister Modi. New Delhi faces potential tariffs for continuing to purchase Russian oil.

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CNBC
Ties between the U.S. and India have been under strain for over a year, and New Delhi faces fresh risk of up to 100% tariffs for continuing to buy Russian oil.
2026-10-02 03:54 UTC
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