Trump and group annoyed with India over commerce talks, says U.S. Treasury Secretary

U.S. Treasury Secretary #Scott Bessent on Thursday (July 31, 2025) stated President #Donald Trump and the entire commerce negotiation group had been “frustrated” with #India over the commerce talks.

His feedback got here a day after Mr. Trump introduced the imposition of a 25% tariff on all items coming from #India beginning August 1, plus an unspecified penalty for getting #Russian crude oil and army tools.

Also learn | Structural cracks emerge within the #India-U.S. strategic partnership

“Well, I do not know what is going on to occur. It might be as much as #India. #India got here to the desk early. They’ve been sluggish rolling issues. So I believe that the President, the entire commerce group, has been annoyed with them,” Mr. Bessent stated in an interview with CNBC.

He additionally stated #India has been a big purchaser of oil from #Russia, which is going through sanctions, and reselling the crude as refined merchandise. “So, they [#India] haven’t been a fantastic world actor,” he added.

Mr. Trump’s shock announcement on Wednesday is being seen as a stress tactic to get #New Delhi to comply with calls for made by the U..S, which has, in latest days, received beneficial commerce offers with main companions comparable to #Japan, the U.Ok. and the #European Union.

#India has stated it’s going to take all obligatory steps to safeguard and promote nationwide curiosity and that the implications of the tariffs are being examined.