The article highlights volatile U S tariff policy under President Trump with rapid shifts impacting global markets. It notes a sharp 50 percent tariff increase on India framed around oil purchases from Russia, while China remains the main target with managed tariff changes. Analysts warn that tariff actions affect oil politics and broader trade talks and could raise domestic prices. Officials in India and China call for restraint while U S negotiations continue. There is concern of a wider slow down and trade war risk.
Trump Tariff Moves Spark Global Tension and Market Risk
