India, Russian oil and Trump
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Indian real-estate firms have been accused of fraud, money laundering and more on other projects. The Trumps have stepped up overseas deals in the president’s second term.
India's goods exports to the US, its largest foreign market, dropped sharply by 20% in September and nearly 40% in the last four months, as Trump's steep tariffs took effect, data shows.
Canada is pushing to strengthen ties with China and India, even as it remains in precarious trade talks with a US administration that has escalated its tariff war with Beijing.
New Delhi can be a counterweight to Beijing’s economic and military bellicosity. Even if President Donald Trump was right that foreign countries absorb the cost of his tariffs, that wouldn’t mean they are necessarily in America’s interest. Suppressing economic growth in strategically important regions can easily backfire on the United States.