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India halts $3.6B Boeing deal due to U.S. tariffs, reassessing costs and strategic impact.
India has temporarily halted a $3.6 billion deal to purchase Boeing aircraft due to a 50% tariff increase on Indian goods by President Trump. The deal, originally worth $2.42 billion for six Boeing P-8I maritime patrol aircraft, was approved in 2021. The cost rose due to inflation, supply chain issues, and tariffs. India is reassessing the purchase, considering rising costs and strategic autonomy. Meanwhile, Defence Minister Rajnath Singh's planned visit to Washington was canceled.
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