Is Trump’s 100% tariff threat on India ‘leverage to push through a trade deal’? Expert weighs in
The imposition of 100% tariffs on Russian oil could affect India-US ties without altering Russia's policies. Rajoshri Roy, Research Fellow, Manohar Parrikar Institute for Defence Studies and Analyses, says past exemptions indicate possible leeway in managing this complex relationship.
Rajoshri Roy, a research fellow at the Manohar Parrikar Institute for Defence Studies and Analyses, suggests that imposing a 100% tariff on India for purchasing Russian oil may provide the US with leverage in trade negotiations, but India is unlikely to significantly reduce its oil imports from Russia due to its energy security concerns. Roy also mentioned that past instances of sanctions and tariffs have allowed India and the US to find a modus vivendi, and the India-US relationship remains mutually beneficial.
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