๐ฎ๐ณ๐ค๐บ๐ธ **IndiaโTrump Update | Aug 18, 2025**#trump
๐ฅ **Tariff Shock:** President Trump has raised tariffs on Indian goods to **50%**, citing Indiaโs continued imports of Russian oil.
๐ข๏ธ **Navarroโs Criticism:** Trumpโs advisor Peter Navarro slammed India as a *โglobal clearinghouseโ* for Russian crude, warning this could harm U.S.โIndia strategic ties.
๐น **Impact on India:** Banks step in to support exporters with flexible loans & working capital as trade tensions rise.
๐ **China Angle:** Amid U.S. pressure, India is seen drawing closer to China for strategic balance.
๐ **Markets:** Despite tariff tensions, investor optimism lingers on hopes of **GST reforms** and a possible U.S. policy softening.
โ๏ธ **Big Picture:** U.S.โIndia ties face one of their sharpest tests in years, with global trade and geopolitics hanging in the balance.
\#India #Trump #TradeWar #Geopolitics #Tariffs #Russia #China
