Washington: U.S. President Donald Trump has firmly ruled out any trade talks with India until the ongoing tariff dispute is resolved, declaring from the Oval Office, “No, not until the tariff dispute is settled.” His strong stance follows the decision to double tariffs on Indian imports to 50%, citing India’s continued oil trade with Russia amid the Ukraine war. An initial 25% tariff announced on July 30 took effect on August 7, and an additional 25% will be implemented within 21 days, impacting all Indian goods entering U.S. ports. The move has put the planned bilateral trade deal — once expected to progress by November — on hold. In response, Indian Prime Minister Narendra Modi asserted that India will not yield to economic pressure, signaling a tough road ahead for U.S.-India trade relations.
