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India speeds trade deals with UK, EU, and others after 50% U.S. tariffs over Russian oil, but U.S. ties remain crucial.
India is accelerating trade deals with the UK, EU, Mexico, Chile, Mercosur, Oman, and New Zealand to reduce reliance on the U.S. market after 50% tariffs were imposed in August 2025 over Russian oil purchases.
The UK agreement could double garment exports, while a potential EU deal is seen as transformative.
Despite a 19% export rise in November 2025, driven by electronics and marine products, officials stress the U.S. remains vital.
Russian oil imports dropped sharply in December, but a U.S. resolution remains uncertain.
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India acelera los acuerdos comerciales con el Reino Unido, la UE y otros después de los aranceles estadounidenses del 50% sobre el petróleo ruso, pero los lazos estadounidenses siguen siendo cruciales.