India-US Trade Talks: High Tariffs, Russian Oil, and Agriculture Create Sticking Points

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News18•12-01-2026, 19:11
India-US Trade Talks: High Tariffs, Russian Oil, and Agriculture Create Sticking Points
- •India-US trade talks begin amidst high tariffs, market access issues, and a pending US Supreme Court decision on emergency tariffs.
- •A proposed US bill threatens 500% tariffs on countries buying Russian oil, adding pressure on India's energy security.
- •Agriculture and dairy sectors remain major points of contention, with India resisting US demands to protect its farmers.
- •India's Ambassador to the US, Sergio Gor, confirms ongoing dialogue, hinting at a possible Trump visit, elevating political significance.
- •Experts anticipate no immediate breakthrough, but continuous dialogue underscores both nations' commitment to avoid escalating economic tensions.
Why It Matters: India-US trade talks face significant hurdles over tariffs, Russian oil, and agriculture, with no immediate breakthrough expected.
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