https://www.thehindubusinessline.com/economy/india-brazil-to-strengthen-energy-ties-as-trump-tariffs-threatens-to-disrupt-crude-oil-supplies/article69963724.ece Copy ...

The White House's abrupt move to double duties on Indian goods over its Russian oil purchases came with little warning and no clear path forward.

Peter Navarro, Donald Trump’s chief trade adviser, has slammed India, dubbing it a ‘maharaj in tariff’ and accusing it of running a ‘profiteering scheme’ through discounted Russian oil. From his Harvard roots to his prison stint and return to Trump’s inner circle,

India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign,

Peter Navarro alleged that the money India makes from trade with the US is being used to buy discounted Russian crude, which is then refined and resold at higher prices in other markets.

Navarro also said that New Delhi is acting as a "laundromat for the Kremlin" by purchasing discounted Russian crude oil, refining it, and selling the products

Indian companies have seen the steepest earnings downgrades in Asia, with analysts slashing forecasts as steep U.S. tariffs heighten risks to growth even if proposed domestic tax cuts help cushion the impact.

New Delhi’s frayed ties with Washington have added to a thaw in the frosty relationship with Beijing that began last year.