Red carpet for Putin, trade relief for China, penalties on India: Inside Trump's peculiar policy playbook
From cnbc.com
President Donald Trump is pursuing an unusual strategy — courting Russian President Vladimir Putin, holding fire on Beijing, all the while turning the screws on a close ally: India. Despite India being one of the earliest nations to engage in negotiations with the Trump administration, there is still no sign of it sealing a deal with the U.S. New Delhi is now also staring at a secondary tariff of 25% or a “penalty” for its purchases of Russian oil that is set to come into effect later this month. U.S. Treasury Secretary Scott Bessent on Tuesday escalated criticism against India, accusing it of profiteering from cheap ...
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