Overview

• Trump wrote on Truth Social that negotiations are ongoing and said he expects to speak with Prime Minister Narendra Modi in the coming weeks, expressing confidence in a successful outcome.
• The 50% U.S. tariffs on Indian goods remain in place, combining a 25% reciprocal duty and a 25% penalty linked to India's Russian oil purchases, and a recent negotiator-level meeting was called off with no new date set.
• Multiple reports say Trump urged European Union leaders to consider sweeping tariffs on India and China to pressure Russia, even as he strikes a conciliatory tone toward New Delhi.
• Senior U.S. officials have publicly advocated tougher steps, including more sanctions and tariffs on buyers of Russian oil, highlighting mixed signals within Washington’s policy approach.
• Financial Express, citing Business World, reported that Reliance chairman Mukesh Ambani is slated to meet Trump on September 12, with Ivanka Trump expected to facilitate, a development not officially confirmed.