India’s Russian Oil Strategy Collapses Under U.S. Tariffs
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India’s Russian Oil Strategy Collapses Under U.S. Tariffs
India’s economy faces a major setback as Trump’s tariffs on India threaten to erase the country’s $17B Russian oil savings gained since 2022. With US-India trade tensions escalating, new tariffs of up to 50% could slash Indian exports by nearly $37B in 2025, hitting key sectors like textiles, gems, and jewelry. Analysts warn this US-India trade war could reshape India-Russia relations, disrupt global oil markets, and put Prime Minister Modi’s economy strategy under pressure. This video explains the full impact of Trump tariffs on Indian exports, the future of India’s Russian oil imports, and what it means for global trade and geopolitics.
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