U.S. Offers India 25% Tariff Cut in Exchange for Oil Reliance Reduction

Trade negotiations between the U.S. and India are heating up, focused on easing tensions stemming from Trump-era tariffs. The White House has proposed a 25% tariff reduction for Indian goods if India stops buying oil from Russia. This new twist adds complexity to an already strained relationship between the two countries. India’s decision to accept or reject this offer is delicate, as it needs low-cost oil imports to meet its growing energy demands while simultaneously seeking to maintain positive trade ties with the U.S.