Overview

• Peter Navarro said he expects the doubled U.S. duties on Indian goods to take effect on August 27 and accused New Delhi of enabling Russia’s war financing.
• S. Jaishankar, speaking in Moscow after meetings with Sergey Lavrov and Vladimir Putin, defended India’s oil purchases as a sovereign, market‑driven choice previously encouraged to stabilize energy prices.
• Russia’s trade mission signaled continued flows to India with a roughly 5% commercial discount on crude, describing terms as subject to negotiation.
• China’s envoy publicly opposed Washington’s tariff move and pledged to back India in upholding multilateral trade rules, calling silence a license for bullying.
• India’s intake of Russian crude has climbed to roughly 35% of its imports since 2022, while U.S.–India trade talks remain on hold as the tariff deadline approaches.