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Story summary
- India and the United States signed a 10-year defense framework in October 2025.
- President Donald Trump imposed 50 percent tariffs on Indian goods in August 2025, alleging financing of Russia’s war.
- Indian official Mattoo urged predictable U.S. technology transfer, co-production and a stable trade framework.
- India imports about 90 percent of its crude oil and sources most industrial equipment from China.