Big Setback for U.S.: India Calls Off Crores-Worth Deal

New Delhi (The Uttam Hindu) - US President Donald Trump has announced to impose 50 percent tariff on India due to India's oil trade with Russia. The Indian government has also decided to respond to this attitude of America. According to a report, the Indian government has taken a big step against America and canceled an important military deal. According to a report by defense website IDRW, India decided to stop this deal on August 3.

Actually, India had made a deal to buy six P-8I Poseidon aircraft from the US company Boeing for its navy. These aircraft were to be used for surveillance in the sea. The Indian Navy needs these aircraft. These American aircraft are very modern and advanced. They are important to keep an eye on the growing influence of China from the Arabian Sea to the Indian Ocean. But, for the time being this deal has been stopped. The Indian Navy already has 12 such aircraft. India had bought aircraft from Boeing in 2009 and became the first buyer of these aircraft from the US. At that time the cost was around Rs 19 thousand crore in Indian rupees.

In 2016, India bought 4 more aircraft, which cost 8,500 crores. The Indian Navy praised the capability and efficiency of this aircraft. After this, 6 more aircraft were to be purchased in 2021, which the US had approved. The deal was stopped due to the cost being 21,000 crores. In 2025, the cost of the deal increased to 31,500 crores, despite this the Indian government decided to buy these aircraft. But, at present the deal has been postponed. The Indian Foreign Ministry had accused the US and the European Union of imposing unethical and irrational tariffs on India. The Foreign Ministry had said that the EU trades more with Russia than with India. The US also trades with Moscow. In such a situation, imposing tariffs on India is unfair.