It’s time the US climbed down from its high horse and acknowledged that for India, it’s not about choosing between the US and Russia—but about maintaining ties with both, notes Chartered Accountant S Murlidharan.
On July 30, President Donald Trump attempted to deliver a shock treatment to India and its tariff negotiators by announcing a 25% tariff on Indian exports to the US, coupled with a threat of additional penalties that could raise the total to 100%. This move singled out China, India, and Brazil for the “offense” of continuing to buy oil and arms from Russia—Washington’s current bête noire.
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