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India-Russia Bond: Will US Tariffs Break It? | JQJO

India-Russia Bond: Will US Tariffs Break It?

India-Russia Bond: Will US Tariffs Break It?

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Indian Prime Minister Modi and Russian President Putin reaffirmed their strong relationship during a meeting in China. This comes amidst strained relations with the US due to India's continued purchase of discounted Russian oil, which led to steep US tariffs on Indian imports. Modi emphasized the special partnership with Russia, while Putin highlighted their decades-long friendship. Despite US pressure, India defends its oil imports as crucial for its energy needs. Analysts suggest the US tariffs are pushing India closer to China and Russia. Both Putin and Modi plan future meetings, showcasing their continued strong ties.

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