50 percent tariffs on India

Tag: 50 percent tariffs on India

U.S. Treasury Secretary Scott Bessent Calls India Ties “Complicated” Amid Fresh 50% Tariffs

2025-08-27 Niranjan Ghatule

On August 27, 2025, U.S. Treasury Secretary Scott Bessent addressed trade tensions with India as fresh 50% tariffs took effect. He criticized India’s Russian oil imports, expressed frustration over stalled trade talks, highlighted U.S. leverage in the trade imbalance, and called for European support.

U.S. Treasury Secretary Scott Bessent Calls India Ties “Complicated” Amid Fresh 50% Tariffs

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U.S. Treasury Secretary Scott Bessent Calls India Ties “Complicated” Amid Fresh 50% Tariffs