Trump tariff threat: India ‘recalcitrant’ in trade talks, says US treasury chief; deal likely by October
Wednesday, 13 August 2025 () US Treasury Secretary Scott Bessent labeled India as "recalcitrant" in trade negotiations, days after President Trump announced a 25% tariff on Indian imports due to Russian oil purchases. Bessent hopes to conclude tariff discussions by October, while India's External Affairs Ministry has criticized the US decision as unfair and unreasonable.
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