With threats of tariffs up to 50 percent, President Trump seems to be scrapping America’s plan to turn India into a counterweight to China, declaring instead that it is a “dead economy.”

We start with the deteriorating US-India relationship, as Donald Trump yesterday announced an additional 25 per cent tariff on imports from India owing to New Delhi’s purchases of Russian oil India’s Russian oil conundrum: After years of his country bingeing on cheap Russian crude,

U.S. President Donald Trump on Wednesday imposed an additional 25% tariff on Indian goods, citing New Delhi's continued imports of Russian oil in a move that sharply escalated tensions between the two nations after trade talks reached a deadlock.