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‘If Indians don’t budge, Trump won’t need it’: Kevin Hassett cites India’s ‘intransigence’ as US tariffs take effect; calls ties ‘complicated’

IndiaTimes Thursday, 28 August 2025 ()
The United States imposed 50 percent tariffs on Indian exports. This action is linked to trade disputes and geopolitical tensions. Kevin Hassett mentioned India's reluctance to open markets and its Russian oil purchases. The tariff hike stems from President Trump's Executive Order. India is moving to mitigate the impact of these tariffs.
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News video: EXPLAINED: India Ready To Fight Trump’s 50% Punitive Tariffs | PM Modi Vows To Defy U.S. Pressure

EXPLAINED: India Ready To Fight Trump’s 50% Punitive Tariffs | PM Modi Vows To Defy U.S. Pressure 04:31

President Trump has imposed 50% punitive tariffs on India, accusing New Delhi of “funding Russia’s war machine” through increased oil imports from Moscow. The move threatens $48.2 billion worth of Indian exports, with SBI warning of a 0.3–0.6% GDP hit. Prime Minister Narendra Modi has refused...

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