US delegation's India visit cancelled amid escalating trade tensions
The visit scheduled for August 25-29 has been postponed due to ongoing trade disputes. Officials are working to reschedule the talks.
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Trade relations between the US and India have become increasingly strained following President Trump's tariff policies. The US has imposed a 25% tariff on Indian exports, with an additional 25% penalty scheduled for August 27 due to India's continued oil purchases from Russia. This creates a cumulative 50% tariff rate, one of the highest applied to any US trading partner.
India has strongly criticized these measures as unfair, pointing out the hypocrisy of US and EU nations that continue trading with Russia while penalizing India. The planned trade delegation visit to New Delhi has been cancelled, though both countries remain in communication.
The economic stakes are significant, as the US is India's largest export partner, receiving approximately 20% of India's total exports worth $86.51 billion annually.
Original Article
cnbc.comhttps://www.cnbc.com/2025/08/17/us-delegation-india-visit-called-off-as-trade-tensions-simmer-.html