India-US relations: News and Discussions IV

[ShauryaT]

Via the Hindustan Times:

"US President Donald Trump appears unwilling to back down from his claim that India will soon snap its oil trade ties with Russia. Reiterating the assertion on Thursday, he added a specific figure this time: “By the end of the year, they'll be down to almost nothing, about 40 percent of the (Russian) oil.”

US has sanctioned Russian oil companies. When the US did so for Iran, India stopped its purchases. Why will India not do the same now?

[williams]

Via the Hindustan Times:

"US President Donald Trump appears unwilling to back down from his claim that India will soon snap its oil trade ties with Russia. Reiterating the assertion on Thursday, he added a specific figure this time: “By the end of the year, they'll be down to almost nothing, about 40 percent of the (Russian) oil.”

US has sanctioned Russian oil companies. When the US did so for Iran, India stopped its purchases. Why will India not do the same now?

It affects only if you are trading in US currency. India has already decided (2 weeks back) to trade with Russia using yuan. DJT wanted 1+1 but what is happening is RCI.

[Amber G.]

.....
US has sanctioned Russian oil companies. When the US did so for Iran, India stopped its purchases. Why will India not do the same now?

Unlike the sanctions on Iran, which had broad international support and UN backing, the current sanctions on Russia are largely driven by the US and some of Trump's fans in Europe..(IOW The Iranian sanctions were part of a broader diplomatic effort to limit Iran's nuclear program, whereas the sanctions on Russia are basically Trump's tantrums

[drnayar]

As national debt accelerates to $38 trillion, watchdog warns it's 'no way for a great nation like America to run its finances' | Fortune https://share.google/Kp9GHh3ce0Z0deCbH

Can the US just say we will pay anymore interest on the ginormous debt burden ?

Historically there is precedent when moving out of gold backed dollar !

[A_Gupta]

Reuters, which has been wrong on this topic before, reports:
https://www.reuters.com/world/india/ind ... 025-10-23/

NEW DELHI, Oct 23 (Reuters) - Privately-owned Reliance Industries (RELI.NS), opens new tab will stop importing oil under its long-term deal to buy nearly 500,000 barrels per day of crude from Russian oil major Rosneft, after the oil producer was sanctioned by the United States, two sources with direct knowledge of the matter said on Thursday.

The Times of India says that PSUs will also move away from Rosneft and Lukoil petroleum.

[Vayutuvan]

> The states: “Federal Motor Carrier Safety Administration audit had uncovered compliance irregularities in California, Colorado, Pennsylvania, South
> Dakota, Texas and Washington”. Texas and South Dakota are solidly Republican.

Sure. What is left unsaid is that California (the state with the most population, meaning it sends the most representatives to the House), CO, and Washington are all solidly democratic. PA (Which is quite populous) is Democratic-leaning. One can even make a case that PA is a solidly Democratic-leaning state.

Why is this in this thread anyways?

[Vayutuvan]

As national debt accelerates to $38 trillion, watchdog warns it's 'no way for a great nation like America to run its finances' | Fortune https://share.google/Kp9GHh3ce0Z0deCbH

Can the US just say we will not pay anymore interest on the ginormous debt burden ?

Historically there is precedent when moving out of gold backed dollar !

You may be missing a "not", I guess.

They can say it. Then what will happen to all the Treasuries held by Americans themselves (including American banks, bond funds, etc?).

[Vayutuvan]

Via the Hindustan Times:

"US President Donald Trump appears unwilling to back down from his claim that India will soon snap its oil trade ties with Russia. Reiterating the assertion on Thursday, he added a specific figure this time: “By the end of the year, they'll be down to almost nothing, about 40 percent of the (Russian) oil.”

US has sanctioned Russian oil companies. When the US did so for Iran, India stopped its purchases. Why will India not do the same now?

The price is much better in this case vis a vis Iran case, perhaps? Just a WAG.

[uddu]

https://x.com/KanchanGupta/status/1981337585743258002
@KanchanGupta
Memo to compromised 'Hindus' who are sucking up to Jihadist Mamdani and given him free access to certain temples in New York.

https://x.com/TaliGoldsheft/status/1981089419097428188
@TaliGoldsheft
NEWS - “Over 650 rabbis from around the country signed on to an open letter on Wednesday voicing concern that, if elected New York City mayor, Zohran Mamdani would threaten “the safety and dignity of Jews in every city,” citing the Democratic nominee and frontrunner’s antagonistic views towards Israel.” Via
@J_Insider @HaleyCohen19

[uddu]

https://x.com/KanwalSibal/status/1981215556616540434
@KanwalSibal
The US has upped the ante.
Trump is totally unpredictable. At one moment he plans a meeting with Putin in Budapest, next he is targeting Russia’s oil sector by sanctioning two major Russian oil companies and demanding an immediate ceasefire in Ukraine.

Russia will not accept such open coercion. What next?

Problem for India. Rosneft has a major investment in Nyara.

This kind of US unilateralism is a huge problem for the international community. The US is imposing its arbitrary and capricious will on the rest of the world.

The US is in the process of destabilising the current global system. It needs reforming, but the solution does not lie in more US hegemony.

[Amber G.]

Trump announces the 'termination' of 'all trade negotiations with Canada' in a block letter on social media post, just before he goes to sleep (Washington DC, it's around midnight). Gives some idea why India is thinking ....pointless to go through all the hard negotiations only for this fellow to use some silly pretext to undo the whole thing...

[Amber G.]

Manhattan Institute Report: Indian Immigrants Yield $1.6 Million Fiscal Surplus Each

A Manhattan Institute study by economist Daniel Di Martino, released October 23, 2025, analyzes Census data to show that Indian immigrants and their descendants generate a $1.6 million net fiscal surplus over 30 years, outpacing groups like Chinese and Filipinos while imposing costs for others like Mexicans. High-skilled H-1B visa holders in tech and STEM drive $2.3 million in savings per person, potentially cutting U.S. national debt by $4.3 trillion from 2.7 million foreign-born Indian-Americans. The report's findings contrast with rising anti-Indian sentiment on X, where critics cite job competition, cultural shifts, and $129.4 billion in 2024 remittances to India.

[Amber G.]

Manhattan Institute Report: Indian Immigrants Yield $1.6 Million Fiscal Surplus Each

A Manhattan Institute study by economist Daniel Di Martino, released October 23, 2025, analyzes Census data to show that Indian immigrants and their descendants generate a $1.6 million net fiscal surplus over 30 years, outpacing groups like Chinese and Filipinos while imposing costs for others like Mexicans. High-skilled H-1B visa holders in tech and STEM drive $2.3 million in savings per person, potentially cutting U.S. national debt by $4.3 trillion from 2.7 million foreign-born Indian-Americans. The report's findings contrast with rising anti-Indian sentiment on X, where critics cite job competition, cultural shifts, and $129.4 billion in 2024 remittances to India.