Depts told to find extra sops for US

LIKE COUNTRIES AROUND the world scrambling to deal with Trump's tariff threats, India had largely adopted a principled, but non-confrontational, stance in an attempt to balance selective concessions with caution to safeguard its economic growth, and circumvent a backlash from domestic producers.

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Sources said a majority of the countries that rushed to sign deals with the world's biggest economy ended up with lopsided agreements that effectively extracted more than what it gave. This includes the UK and Australia that have a trade deficit with the US. On talks with New Delhi, US Treasury Secretary Scott Bessent told CNBC Thursday: "Well, I don't know what's going to happen; it will be up to India. India came to the table early. They have been slow-rolling things, so I think that the President, the whole trade team is frustrated with them. India has been a large buyer of sanctioned Russian oil, that they then resell as refined products. So, they have not been a great global actor."