
Describing the India-U.S. relationship as “very complicated”, U.S. Treasury Secretary Scott Bessent on Wednesday (August 27, 2025) hoped that “at the end of the day, we will come together.” “This is a very complicated relationship. President (Donald) Trump or Prime Minister (Narendra) Modi have very good relationships at that level. And it’s not just over the Russian oil,” Mr. Bessent said in an interview with Fox Business. Stressing that India is the world’s largest democracy and the U.S. is the world’s largest economy, he said, “I think at the end of the day, we will come together.”
The additional 25% tariff imposed by U.S. President Donald Trump on India for its purchases of Russian oil came into effect Wednesday (August 27, 2025), bringing the total amount of levies imposed on New Delhi to 50%.
The Indian government is pushing a ‘Swadeshi’ mantra to reduce the economy’s reliance on exports, with Prime Minister Narendra Modi calling on Indians to be “vocal for local” and buy Indian goods on Tuesday (August 26, 2025).
Taking a swipe at the Modi government after the additional tariffs imposed by the U.S., Congress president Mallikarjun Kharge termed them a result of its “superficial” foreign policy that would result in “huge job losses”.
Congress general secretary in-charge communications, Jairam Ramesh, said the “Trump double tariff” has come into effect, which will undoubtedly hit India’s labour-intensive exports to the U.S. — especially textiles, gems and jewellery, leather, marine products, and engineering.
Trump added 25% more tarrifs on india


