ReferIndia News How Trump's 50% tariffs evoke memories of 1998 when US sanctioned India

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How Trump's 50% tariffs evoke memories of 1998 when US sanctioned India

Published on: Aug. 28, 2025, 12:56 p.m. | Source: Firstpost

In May 1998, India’s nuclear detonations triggered US sanctions under the Glenn Amendment, halting defence sales, denying loans and restricting technology exports. Most sanctions were lifted by 2001, leading to a reset in bilateral ties. Now, Trump has imposed 50 per cent tariffs over India’s Russian oil purchases, marking the steepest tariff hike in US-India trade history

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