White House trade adviser Peter Navarro has launched a sharp critique of India’s continued energy trade with Russia, warning that secondary tariffs on Indian goods will take effect on August 27. His remarks follow External Affairs Minister S Jaishankar’s meeting with Russian President Vladimir Putin in Moscow on August 21,

India and Russia reaffirmed plans to expand trade, with New Delhi seeking to boost exports to narrow its deficit with Moscow.

US may double tariffs on India to 50% over Russian oil imports, says Navarro. Jaishankar counters, defending India’s energy policy amid trade tensions.

For more than two decades, Washington and New Delhi built a strategic partnership that was hailed as one of the great success stories of post–Cold War diplomacy. Today, that relationship is facing its most serious test in years — and India is signaling it has other options.

"For more effective multilateralism, we agreed to work closely together in preparation for the French presidency of the G7 and the Indian presidency of the BRICS in 2026," Macron said. Please click here to add Swarajya as your preferred and trusted news source on Google.

Sky-high US tariffs are prompting India and Brazil to explore opportunities to boost oil trade, as New Delhi looks for alternatives to Russian oil, while Brazil scouts for newer markets for its growing crude output,

Indian companies have seen the steepest earnings downgrades in Asia, with analysts slashing forecasts as steep U.S. tariffs heighten risks to growth even if proposed domestic tax cuts help cushion the impact.

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.