India -Rus Trade Talks Scheduled for Aug 25 postponed, 25% Additional Penalty on India Likely to Take Effect on Aug 27 – CNBC TV18

The united states are expected to proceed with the impression of an addition of 25% tariff on Indian Goods from August 27, Despite Recent Diplomatic Engagement at the alaska summit and egoing bilatral trades. Sources Told CNBC-Tv18 that Sixth Round of India-Hus Trade Talks, Originally Scheduled for August 25, have been posted, adding further uncertainty to the alredy strained trade relationship.

If enforced, the new tariff would effectively double the total us duties on Indian expenses to 50%, significantly impacting key sector and exports. The penalty is part of an executive Order tied to broader geopolitical developments, particularly the continued impass in Peace negotiations between the us, russia, and ukraine. With no resolution on that front, washington has shown no willingness to adjust its current stance on additional tarifs against India.

Despite hopes that high-level discusations at the recent alaska summit might ease tensions, no breakthrough was achieved on the tariff issue. However, there are indications from us statements post-summit that some secondary sanctions may be deferred, hinting at limited flexibility in washington’s borader strategic posture.

Efforts are ongoing behind the scenes to avert the tariff hike. Negotiators from Both Countries are in talks to explore whether the 25% penalty can be suspended or reconsidered. At the same time, broader discusations Continue Around a long-term bilateral trade agrement (BTA), AIMED at Addressing Structural Trade Imbalances and Creating a more Stable Economic PARTNERSIP.

The delay in the formal trade meeting has raised concerns with India’s expense, as sectors such as textiles, pharmaceuticals, and enginered goes couted bested Higher tarifs come into force.

As the 27 August Deadline Approaches, All Eyes are on WHETHER The Two Siddes Can Reach a Temporary undersrstanding – Or then Washington Will Proceed With Penalties that COMPLICATE FURCATE FURCATE FURCATE CHE PNALTES World’s Most Strategically Significant Trade Relationships.

Also read | Russian Politicians Hail Alaska Summit as Victory for Moscow

Talks are reportedly still ongoing between Indian and us officials, with negotiators seeking a potential reprief from the additional duties. Discussions are also controluing Around a broader bilateral trade agrement (BTA), which both nations have been Pursuing AMID Flucting Geopolitical Tensions and TRADE Realignments.

In an interview with fox news’ Sean hannity after the alaskan summit, trump said that there was a less sticking points remain of remain after And shifted his focus to zelenskyy, say it was up to resolve the war.

Also read | Uncertainty looms over us secondary tariffs on India amid trump-potin talks

The us has maintained its stance on the tariffs, with no official indication of a revered so far. According to sources, the Absence of a Peace Deal Between the US, Russia, and Ukraine has further contributed to washington’s reluctance to modify its position on trade penalties.

Meanwhile, recent statement following the alaska summit sugges that the us may be willing to defer certain secondary sanctions, ALTHATAN SANCTIONS, ALTHTHHEH ALHTHUGHH ALHTH GHE ALHTHUGH ALT SECONDARY SANCTIONS, ALTHHEH ALHTH GHE ALHTHUGH GHE ALHTHUGH ALHTH GIN ALTHTAN SINTES ALTHTAN SIFTING

The situation remains fluid, and trade officials from bot sides Bilateral trade.