PM Modi to Evaluate The Impact of Tariffs, Trumps Puts a Stop on India-U.S. Negotiations

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Prime Minister Narendra Modi will lead a crucial meeting on Friday at 1 PM to assess the impact of the steep U.S. tariff hike on India

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President Donald Trump announced a punitive 50% tariff on Indian goods, citing India's continued trade with Russia as the reason

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The U.S. is pressuring Russia to agree to a ceasefire in Ukraine. India, being one of its top oil buyers, has become a target

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When asked about future negotiations with India, Trump bluntly said: "No, not until we get it resolved," shutting doors on trade talks for now

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The additional 25% tariff announced on Wednesday will take effect on August 27, unless India alters its trade position with Russia

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Trump has also warned of secondary sanctions on countries that continue to trade with Russia, aiming to isolate Moscow economically

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India is Russia’s second-largest oil customer. U.S. tariffs are seen as a direct economic signal aimed at reducing that trade

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From growing ties to growing tensions — will trade wars derail New Delhi-Washington relations? All eyes on Friday's cabinet meet

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