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India and U.S. Push Trade Talks Ahead of U.N. Assembly

U.S. tariffs will rise to 50% on August 27; Modi’s speaking slot at the U.N. remains provisional as negotiators race to finalize a trade accord.

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Trump Modi

Overview

  • The Trump administration announced an additional 25% tariff on Indian imports tied to Russian oil purchases, boosting total duties to 50% effective August 27.
  • India’s Ministry of External Affairs has condemned the supplementary levy as unjustified and vowed to safeguard national interests.
  • Negotiators from both countries are holding ongoing talks to clinch the first tranche of a bilateral trade agreement under the “Mission 500” framework.
  • New Delhi has secured a provisional speaking slot for Modi on September 26 at the U.N. General Assembly, but no final decision on his attendance has been confirmed.
  • India is closely monitoring President Trump’s meeting with Vladimir Putin on August 15, and Modi’s calls with Putin and Zelenskyy feed into broader diplomatic calculations.