During his appearance at the Kennedy Center Honours in Washington DC, US President Donald Trump once again referenced India-Pakistan war tensions while defending his administration’s aggressive tariff agenda.

India’s current account deficit widened in the July–to-September quarter as US President Donald Trump’s 50% tariff hurt the country’s exports.

October shipments reveal a grim picture as trade slows across major global markets, leaving Indian exporters under mounting pressure.

US import tariffs on Indian goods, doubling to 50%, have caused a sharp 28.5% drop in exports over five months. Labour-intensive sectors, including textiles and gems, faced the steepest declines, leading to significant revenue losses and job concerns.

Victor Fedeli from Ontario says the Canadian province is laying out the red carpet for global investors in rare earths and the Indian tech sector

This will be the second visit by US negotiators since Washington imposed a 25% tariff — along with an additional 25% penalty — on select Indian goods entering the American market, citing India’s purchases of Russian crude oil.

Michael Rubin said Russian President Vladimir Putin's recent visit to India is seen as Trump's "gross incompetence" by the majority of the US people.

India's Russian crude imports may hit a four-year low in January 2026 due to US sanctions, forcing refiners to seek alternatives. Despite pressure, Russia is exploring new channels, with potential for non-sanctioned oil flows to resume.