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India engaged in further trade talks with US, Indian government source says
India is engaged in trade talks with the United States, an Indian government source with knowledge of the discussions said on Friday, a day after U.S. President Donald Trump signed an order imposing a 25% tariff on New Delhi's exports.
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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.
President Trump said last week that he would punish India if it did not cut off Russian oil imports, but he did not specify what the penalty might be.
The US imposition of 25% tariffs is expected to have minimal impact on India, with over half of Indian exports remaining ...
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