The United States has agreed to a trade deal with India that calls for a 25% tariff on goods imported from that country. In addition, India could face punitive tariffs for continuing to do business with Russia,

President Trump said he would pose an additional penalty on India for its trade relations with Russia, which Trump is trying to pressure over its war with Ukraine.

With the US tariff deadline looming, an India-US trade deal appears unlikely, though a last-minute breakthrough remains possible. Trump has hinted at tariffs of 20-25% on Indian goods, while India anticipates these as a temporary measure during ongoing negotiations.