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4h ago

India Deepens Russia Ties as Jaishankar Sets Red Lines in Strained US Trade Talks

Jaishankar says negotiations with Washington continue under tariff pressure with non‑negotiable protections for farmers and small producers.

EAM Subrahmanyam Jaishankar spoke about the trade ties between India and the US amid Donald Trump's 50% tariff threat.
Indian Foreign Minister Subrahmanyam Jaishankar speaks to the media in Berlin, Germany, May 23, 2025. REUTERS/Annegret Hilse/ File Photo
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'If You Don't Like It, Don't Buy It': Jaishankar Defends Russian Oil Imports, Reasserts 'Nation First' Stance

Overview

  • After a three‑day Moscow visit, Jaishankar and Russian counterparts agreed to ease tariff and non‑tariff barriers, improve logistics and payments, and target $100 billion in trade by 2030 with an early India–EAEU FTA.
  • The minister defended continued purchases of discounted Russian crude, arguing they serve national and global price stability and telling critics to refrain from buying from India if they object.
  • He confirmed US‑India trade talks remain active as a 25% tariff on Indian goods is in effect and an additional 25% linked to Russian oil trade is slated to begin around August 27.
  • In meetings with President Vladimir Putin, FM Sergey Lavrov and Deputy PM Denis Manturov, India and Russia discussed energy, defence and skilled worker mobility and moved to fast‑track new Indian consulates in Kazan and Yekaterinburg.
  • Both sides coordinated positions in UN, G20, BRICS and SCO forums, called for UN Security Council reform, pledged joint counter‑terrorism efforts and took up consular concerns about Indians serving in the Russian Army.