European Union is accelerating negotiations for a Free Trade Agreement (FTA) with India, even as Donald Trump urges the bloc to impose up to 100% tariffs on India
India continues importing Russian oil and protecting domestic industries despite US tariff threats and Navarro’s rants. Trump’s olive branches contrast with Washington’s coercion, highlighting America’s confused stance and India’s firm commitment to independent trade policy.
The Guardian’s latest sepoy sermon by Mukul Kesavan reduces India’s dignified defiance of American bullying into a ‘failure’, proving once again that for brown sepoys, Western arrogance is wisdom and Indian sovereignty is hubris.
Richard D Wolff called Navarro “not the sharpest knife in the drawer”, asserting that anyone who has a trade relation with Russia is in some way making money off that trade because that is why trade happens.
Instead of giving in to pressure, India is mending its ties with Russia and China. President Donald Trump has accused India of funding Russia’s war in Ukraine by buying discounted crude oil from Moscow.
India has saved over $17 billion since 2022 by purchasing cheaper Russian crude. More importantly, its imports have played a stabilising role in the global market.