White House trade adviser Peter Navarro blasted India for continuing to buy Russian oil and said he expects punitive tariffs of 50% on imports from the South Asian nation to kick in as planned next week.

The White House's abrupt move to double duties on Indian goods over its Russian oil purchases came with little warning and no clear path forward.

Chinese Ambassador Xu Feihong said that the US had long benefited from free trade but was now using tariffs as bargaining chips. He stated that the US had imposed tariffs of up to 50% on India and that China firmly opposed it.

Ecuador, meanwhile, is closely tracking tariffs on India to seize on business opportunities, but producers there will go slow on new investments amid uncertainty over whether India and the Trump administration could strike a tariff deal, said Jose Antonio Camposano, president of National Chamber of Aquaculture of Ecuador.

Navarro also said that New Delhi is acting as a "laundromat for the Kremlin" by purchasing discounted Russian crude oil, refining it, and selling the products

White House Trade Adviser Peter Navarro criticises India for high tariffs and energy ties with Russia, highlighting tensions with the US.

India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign,