Delhi’s cheap electricity was never truly cheap. It was deferred. For years, power tariffs remained largely unchanged even as the real cost of generating, transmitting, and distributing electricity steadily increased.
Fresh US data shows a narrowing trade gap under new policies, but India continues to rank among the largest contributors to America’s goods trade deficit.
Amid concerns over a proposed hike in power tariffs, the Uttarakhand Electricity Regulatory Commission (UERC) has declined the proposal of the state power department, bringing relief to consumers.
The United States is once again reminding the world that its trade policy can turn on a dime ~ and that reminder matters far beyond Washington. When President Donald Trump signals that countries which “play games” with trade commitments will face steeper penalties, he is not merely posturing for a domestic audience.
"We are studying all these developments for their implications," the Union Ministry of Commerce & Industry said in a statement.
Former National Security Advisor Jake Sullivan and ex-Deputy Secretary of State Kurt Campbell criticized US President Donald Trump over deteriorating ties with New Delhi amid steep tariffs and closer relations with Pakistan, stressing that US interests in Pakistan pale in comparison to its multifaceted partnership with India.
Commerce Minister Piyush Goyal met EPCs and industry bodies to address rising global tariffs, sectoral challenges, and measures to boost India’s exports through quality upgrades, supply chain diversification, and supportive policy interventions.
Trump said the relationship with New Delhi was "one-sided" as it charged "tremendously high tariffs", not allowing US to sell anything in the Indian markets.
US President Donald Trump criticized India’s high tariffs on American goods, calling trade ties a “one-sided disaster.” He said India’s offer to cut tariffs to nothing has come “too late,” noting New Delhi’s reliance on Russian oil and defense imports.
American journalist Rick Sanchez slammed US tariffs on India over Russian oil as a “disrespectful and ignorant policy,” saying Washington is treating India like a schoolchild. He praised New Delhi for standing firm, calling it a transformational moment that shifts global power towards the Global South, as PM Modi met Xi Jinping and Vladimir Putin at the SCO Summit in Tianjin.
