The Fort Worth Press - Tariffs roil U.S.–India ties

USD -
AED 3.672504
AFN 64.999985
ALL 80.801578
AMD 379.052619
ANG 1.79008
AOA 917.0005
ARS 1444.518097
AUD 1.411841
AWG 1.80125
AZN 1.696279
BAM 1.635086
BBD 2.015232
BDT 122.267785
BGN 1.67937
BHD 0.376978
BIF 2963.891885
BMD 1
BND 1.262572
BOB 6.913877
BRL 5.197695
BSD 1.000552
BTN 91.90563
BWP 13.092058
BYN 2.844901
BYR 19600
BZD 2.012306
CAD 1.352525
CDF 2239.999892
CHF 0.766005
CLF 0.021855
CLP 862.939846
CNY 6.95465
CNH 6.94336
COP 3670.36
CRC 496.603616
CUC 1
CUP 26.5
CVE 92.184025
CZK 20.2826
DJF 178.171634
DKK 6.232985
DOP 62.953287
DZD 129.125047
EGP 46.831098
ERN 15
ETB 155.581807
EUR 0.83478
FJD 2.18535
FKP 0.725629
GBP 0.722945
GEL 2.695028
GGP 0.725629
GHS 10.935965
GIP 0.725629
GMD 73.000171
GNF 8779.982109
GTQ 7.676359
GYD 209.330809
HKD 7.802105
HNL 26.404826
HRK 6.287903
HTG 131.029265
HUF 317.125504
IDR 16790
ILS 3.08995
IMP 0.725629
INR 91.961098
IQD 1310.716137
IRR 42125.000158
ISK 120.879818
JEP 0.725629
JMD 156.845533
JOD 0.708973
JPY 153.140309
KES 129.019508
KGS 87.449851
KHR 4022.138062
KMF 412.000269
KPW 899.941848
KRW 1426.244988
KWD 0.30638
KYD 0.833849
KZT 504.129951
LAK 21556.00515
LBP 89599.377999
LKR 309.821593
LRD 185.10375
LSL 15.909425
LTL 2.95274
LVL 0.60489
LYD 6.283493
MAD 9.046646
MDL 16.778972
MGA 4464.341698
MKD 51.411749
MMK 2099.981308
MNT 3572.641598
MOP 8.041032
MRU 39.942314
MUR 45.150063
MVR 15.459886
MWK 1734.990323
MXN 17.130502
MYR 3.917499
MZN 63.760234
NAD 15.909425
NGN 1396.979967
NIO 36.81874
NOK 9.549755
NPR 147.04884
NZD 1.64394
OMR 0.384495
PAB 1.000548
PEN 3.347838
PGK 4.282979
PHP 58.894035
PKR 279.904359
PLN 3.50968
PYG 6719.056974
QAR 3.637952
RON 4.252796
RSD 97.993015
RUB 76.553846
RWF 1459.772854
SAR 3.750344
SBD 8.077676
SCR 14.335635
SDG 601.5029
SEK 8.798985
SGD 1.26207
SHP 0.750259
SLE 24.297895
SLL 20969.499267
SOS 570.833804
SRD 38.092014
STD 20697.981008
STN 20.482723
SVC 8.754828
SYP 11059.574895
SZL 15.902821
THB 31.037498
TJS 9.35016
TMT 3.5
TND 2.861454
TOP 2.40776
TRY 43.417022
TTD 6.791011
TWD 31.321495
TZS 2559.99997
UAH 42.769647
UGX 3582.341606
UYU 37.863461
UZS 12105.606367
VES 358.47615
VND 26060
VUV 119.671185
WST 2.725359
XAF 548.392544
XAG 0.008378
XAU 0.000179
XCD 2.702549
XCG 1.803217
XDR 0.682024
XOF 548.390252
XPF 99.704048
YER 238.411671
ZAR 15.66115
ZMK 9001.201907
ZMW 19.885632
ZWL 321.999592
  • RBGPF

    0.0000

    82.4

    0%

  • SCS

    0.0200

    16.14

    +0.12%

  • CMSC

    -0.1000

    23.7

    -0.42%

  • NGG

    0.3700

    84.68

    +0.44%

  • RELX

    -0.9800

    37.38

    -2.62%

  • CMSD

    -0.0457

    24.0508

    -0.19%

  • BTI

    -0.1800

    60.16

    -0.3%

  • BCE

    -0.2500

    25.27

    -0.99%

  • AZN

    -2.3800

    93.22

    -2.55%

  • BP

    0.0800

    37.7

    +0.21%

  • GSK

    -0.7000

    50.1

    -1.4%

  • RIO

    0.4600

    93.37

    +0.49%

  • RYCEF

    -0.5500

    16.6

    -3.31%

  • VOD

    0.0700

    14.57

    +0.48%

  • JRI

    -0.6900

    12.99

    -5.31%

  • BCC

    -0.8900

    80.85

    -1.1%


Tariffs roil U.S.–India ties




A rupture is widening between the world’s largest and oldest democracies, and its shockwaves are already rippling through trade, technology, and security. In Washington, tariffs have become the blunt instrument of choice. In New Delhi, officials weigh retaliation and diversification. Between them lies a relationship strained by economic coercion, immigration politics, and unresolved security grievances.

In early August, the United States announced an additional blanket import tax on Indian goods—on top of existing duties—pushing levies on some exports to levels few partners face. The measure is framed as punishment for India’s continued purchases of Russian crude and as part of a broader “reciprocal” tariff agenda. Whatever the intent, the signal is unmistakable: trade, once the ballast of the partnership, is now a pressure point.

The economic fallout is immediate and visible. Export orders for high-exposure sectors have slowed sharply, and factories in India’s most globally connected clusters report cuts to shifts and payrolls. U.S. buyers, facing higher landed costs, are postponing or cancelling shipments; Indian suppliers, squeezed between thin margins and weak demand, are trimming production. Prices for some U.S. imports are set to climb, with industry groups warning of pass-through effects for consumers.

Immigration, for decades a bridge between the two nations, is becoming another fault line. With new rulemaking floated in Washington, the H-1B program—through which Indian professionals make up the overwhelming majority of skilled visas—is again under the knife. Proposals to favor only the highest wages and public calls to “pause” the program altogether have rattled tech workers and employers alike. That uncertainty threatens one of the most resilient pillars of U.S.–India ties: the human capital pipeline that fuels American innovation and anchors Indian diaspora influence.

Security cooperation, meanwhile, is caught between momentum and mistrust. On one hand, defense-industrial collaboration has never looked more ambitious, with negotiations to co-produce advanced jet engines on Indian soil and a long-horizon framework to deepen interoperability. On the other, a lingering law-enforcement case from late 2024—U.S. prosecutors alleging a foiled plot to assassinate a government critic on American soil—has left scar tissue that resurfaces whenever tensions rise. The two governments say they are working the issue quietly; it still shadows the relationship.

Geopolitically, the timing could hardly be worse. Washington’s stated priority remains balancing China in the Indo-Pacific. Yet coercive tariffs on India, a cornerstone of that strategy, risk pushing New Delhi to hedge—reopening trade channels with Beijing and doubling down on groupings where Washington lacks leverage. Allies from the Pacific to Europe are watching: if tariffs replace diplomacy, informal coalitions like the Quad become harder to sustain.

In New Delhi, policymakers are calibrating their response. India’s energy calculus—discounted Russian crude that helps tame domestic inflation—has not fundamentally changed. Nor has its preference for strategic autonomy. But the costs are rising. If the new U.S. duties take full effect and persist, expect targeted countermeasures, accelerated efforts to localize critical supply chains, and fresh bids to diversify export markets away from an increasingly volatile United States.

For American business, the risks are symmetrical. Tariffs function as a tax on U.S. consumers and a drag on companies that rely on Indian inputs and talent. The more Washington signals unpredictability—on trade, visas, and technology transfers—the more boardrooms will dust off contingency plans: dual sourcing, near-shoring, or shifting investment to jurisdictions with steadier policy.

This is where leadership matters. Wise statecraft distinguishes leverage from self-harm. Diplomacy tests arguments before testing alliances. Foresight weighs tactical wins against strategic drift. When unilateral tariffs and campaign-style messaging substitute for patient negotiation, the costs compound: higher prices at home, weaker coalitions abroad, and partners who conclude that hedging is safer than alignment.

None of this is irreversible. A disciplined off-ramp exists: suspend escalatory tariff tranches pending structured talks; ring-fence high-impact sectors with temporary exemptions; codify a transparent process for visa reform that preserves merit-based mobility; and firewall law-enforcement cases from trade retaliation. Pair that with a clear roadmap on defense co-production and export controls, and the relationship can re-center on mutual interests rather than mutual recriminations.

Something serious is indeed happening between India and the United States. Whether it becomes something truly terrible depends on choices made in the coming weeks. Prudence, diplomacy, and foresight are not luxuries here—they are the strategy.