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U.S-India trade talks alive despite Trump’s tariff war

Despite escalating trade tensions—including the U.S. doubling tariffs to 50% amid India’s continued Russian oil imports—the two nations remain engaged in bilateral trade negotiations. India’s Trade Minister Piyush Goyal confirms active discussions toward a potential agreement. U.S. Treasury Secretary Scott Bessent expressed cautious optimism, stating that while the relationship is “very complicated,” both sides are working toward a resolution.