The White House's abrupt move to double duties on Indian goods over its Russian oil purchases came with little warning and no clear path forward.

White House trade adviser Peter Navarro blasted India for continuing to buy Russian oil and said he expects punitive tariffs of 50% on imports from the South Asian nation to kick in as planned next week.

Chinese Ambassador Xu Feihong said that the US had long benefited from free trade but was now using tariffs as bargaining chips. He stated that the US had imposed tariffs of up to 50% on India and that China firmly opposed it.

China firmly stands with India against Donald Trump’s tariffs. Their growing closeness can, in part, be attributed to Trump’s repeated tariff threats. Strongly opposing the US move to impose a 50% tariff on India,

India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign,

Investors should focus on a diversified portfolio strategy and view market corrections as opportunities for long-term allocations as US tariffs may impact export-driven sectors, but domestic demand will cushion the economy.

White House Trade Adviser Peter Navarro criticises India for high tariffs and energy ties with Russia, highlighting tensions with the US.

Ecuador, meanwhile, is closely tracking tariffs on India to seize on business opportunities, but producers there will go slow on new investments amid uncertainty over whether India and the Trump administration could strike a tariff deal, said Jose Antonio Camposano, president of National Chamber of Aquaculture of Ecuador.