Syed Akbaruddin
U.S. President Donald Trump’s threatened penal tariffs on Indian goods have now become a reality. As of Wednesday, Aug. 27, an additional 25 percent tariff—on top of the existing 25 percent levy—has gone into effect because, the White House says, India is purchasing Russian crude oil.
The reverberations from Trump’s tariffs are already shaking what was long celebrated as one of the world’s most consequential partnerships, as I have previously written in Foreign Policy. For many Indians, this is not simply a matter of trade arithmetic. It is a sharp signal that the very foundation of the trust painstakingly built with Washington over two decades is at stake.
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