3 political reasons for current India-US trade stalemate
Monday, 4 August 2025 Donald Trump's imposition of 25% tariffs on India, despite ongoing trade talks, stems from political motives, according to SBI Research. The report highlights Trump's declining approval ratings and concerns over India's firm stance on sovereignty. The US administration's crypto push, Pakistan's digital currency ambitions, and India's growing BRICS partnership are also factors.
The India US Tariffs dispute deepens as Donald Trump announces a 25% duty on Indian imports, coupled with penalties over New Delhi’s continued oil and arms trade with Russia. While India has not officially responded, markets are jittery and economists warn of a possible dent to India's GDP. The...
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