US tariff threats on Russian oil could escalate India's inflation and current account deficit, warns CareEdge’s Sachin Gupta.

On August 5, 2025, US President Donald Trump announced 25% penal tariffs on India for its purchase of crude oil from Russia. One year later, India faces the prospect of up to 100%…

The US Senate on Friday approved a bill that could allow President Donald Trump to impose tariffs of up to 100% on goods from countries such as India and China that continue to…