'Complicated, but we’ll come together': Bessent says on India-US trade as Trump's 50% tariff kicks in on New Delhi

  • Posted on August 27, 2025
  • By Business News Today
  • 5 Views
'Complicated, but we’ll come together': Bessent says on India-US trade as Trump's 50% tariff kicks in on New Delhi

US Treasury Secretary Scott Bessent addressed the complex India-US relationship amid tariff disputes. He expressed optimism for a resolution despite escalating tensions. Fresh US tariffs on India took effect, doubling duties to 50% in response to India's continued Russian crude purchases. Bessent highlighted the positive relationship between President Donald Trump and Prime Minister Narendra Modi.
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