A scheduled visit by U.S. trade representatives to New Delhi later this month has been called off. Originally planned for August 25-29, the visit will likely be rescheduled, though no new dates have been set yet. This cancellation comes amid escalating trade tensions between the U.S. and India, particularly after U.S. President Donald Trump imposed a 25% tariff on Indian exports, with an additional 25% tariff set to take effect on August 27. These tariffs are seen as a punitive measure against India’s purchase of Russian crude oil.
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The U.S. and India are reportedly in discussions to reschedule the talks, but a new date has not been finalized. The tariffs, amounting to a cumulative 50% rate, are among the highest imposed by the U.S. on any trading partner, prompting a strong reaction from India. India has expressed frustration, accusing the U.S. of unfairly targeting them while continuing trade with Russia. The Indian Ministry of Commerce and Industry, along with the U.S. Trade Representative’s Office, has yet to comment on the developments.
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The U.S. remains India’s largest export partner, with Indian exports to the U.S. totaling nearly $86.51 billion in the fiscal year ending March 2025, accounting for around 20% of India’s overall exports.