With Iran & Trade Rifts, India Feels Brushed Aside By Donald Trump


With Iran & Trade Rifts, India Feels Brushed Aside By Donald Trump

United States President Donald Trump may count Prime Minister Narendra Modi among his international allies, but New Delhi is smarting over unexpected US decisions it sees as ignoring the interests of an increasingly close partner.

The Trump administration this week said it would start to sanction countries that do not comply with its orders to stop buying oil from Iran, demanding that eight governments — including India and China — end all imports when six-month waivers run out next week.

The move, which triggered a hike in global oil prices that could disproportionately hit Indians, came just as Modi was campaigning for a new mandate in ongoing, multi-phase elections.

The Iran diktat followed Trump’s announcement in March that India, along with Turkey, would no longer enjoy a preferential trading status for a wide range of manufactured goods. Read More

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