Russian oil poses just one problem. Business groups are flummoxed by the variety and vagueness of the American president’s complaints.

India expects US trade negotiators to visit the country later this month to continue talks on a bilateral deal, an official in New Delhi said, after President Donald Trump hit the South Asian nation with a 25% tariff.

US President Donald Trump's decision to impose 25% tariffs on goods imported from India could hit the country's growth prospects, experts say. It is unclear how big the hit could be, given that Trump has announced an unspecified penalty in addition to the 25% tariff rate.