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No quick fix for India to ramp up US energy imports amid tariff threat

The attrition in US energy flows to India comes even as the US announced a 25% tariff on automobile, and proposed to impose a reciprocal tariff on Indian products from April 2

US-India trade relations, US tariff reduction demands, non-tariff barriers, regulatory hurdles, US exports to India, US Chamber of Commerce, Coalition of Services Industries, Harley Davidson trade stance, USTR trade review, reciprocal tariffs April 2
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Part of India’s plans to engage Washington involves purchase of more US energy

S Dinakar Amritsar

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India’s purchases of US energy products have lost momentum in the last few years, driven by lack of competitive rates and geopolitical uncertainties, causing concern over how much more energy products India can import to plug a $36 billion trade surplus with the US and neutralize proposed tariffs by Washington.
 
But an urgency crept in this year after the share of US oil in India's overall crude import basket slumped by more than half in 2024 to 4 percent from 2021 levels, and Donald Trump stepped in to slap tariffs indiscriminately. Purchases of US crude oil doubled in March from