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.

"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.

Peter Navarro, Donald Trump’s chief trade adviser, has slammed India, dubbing it a ‘maharaj in tariff’ and accusing it of running a ‘profiteering scheme’ through discounted Russian oil. From his Harvard roots to his prison stint and return to Trump’s inner circle,

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.

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.

Robert Lighthizer, Trump’s chief trade negotiator in his first term and a long-time trade skeptic, wrote that during talks with Indian officials he kept biographies of “fifteen or so billionaires” on his desk.

In her opinion piece for Newsweek, Haley warned that ignoring India's role as a counterweight to Chinese dominance in Asia, especially in light of China's evasion of sanctions on Russian oil purchases,

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.