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4w ago

U.S. Puts India Trade Talks on Hold as Navarro Presses New Delhi to Halt Russian Oil Purchases

Agriculture market access remains the main obstacle to a trade deal.

Peter Navarro, Senior Counselor for Trade and Manufacturing for U.S. President Donald Trump, speaks to the media outside the White House in Washington, D.C., U.S., April 30, 2025. REUTERS/Evelyn Hockstein/ File Photo
US President Donald Trump shakes hand with Russian President Vladimir Putin, as they meet to negotiate for an end to the war in Ukraine, at Joint Base Elmendorf-Richardson in Anchorage, Alaska, U.S., August 15, 2025.
‘India hate at play’: Kanwal Sibal slams Navarro, reminds US of billions its firms earn in India

Overview

  • A U.S. delegation’s Aug. 25–29 visit to New Delhi was called off, pausing the sixth round of trade talks, with a new date yet to be set.
  • A 25% reciprocal tariff on Indian goods is already in force, and a second 25% levy tied to Russian oil purchases is slated for Aug. 27, though President Trump suggested the timing could shift after his meeting with Vladimir Putin.
  • In a Financial Times op-ed, White House trade adviser Peter Navarro urged India to stop buying Russian crude, accusing it of acting as a “global clearinghouse” for embargoed oil and warning this undermines its standing as a U.S. strategic partner.
  • India’s foreign ministry says it is being unfairly singled out and cites energy security for its purchases, while Indian Oil Corp reported roughly 24% Russian crude in the June quarter and said buying continues based on economics.
  • Secretary of State Marco Rubio said sanctioning China over Russian oil could spike global energy prices, an explanation that has fueled Indian accusations of double standards.