Nobel laureate Abhijit Banerjee suggests India re-evaluate the benefits of cheap Russian oil imports following the US imposition of a 25% tariff on Indian goods, effectively raising duties to 50%. He proposes considering halting Russian oil purchases to potentially negotiate tariff removal with the US,

India, which now faces among the highest tariff rates imposed by the US, called the levy "unjustified and unreasonable".

For years, India has balanced close partnerships with both Washington and Moscow, even throughout Ukraine war. Trump is finally demanding it picks a side