I think we'll come together with India as 50% tariffs kick in: US Treasury Secretary Scott Bessent

Hours after US President Donald Trump's 50 per cent tariffs on Indian goods came into effect on Wednesday, US Treasury Secretary Scott Bessent talked about the bilateral ties and said they were "complicated", however, he expressed confidence that the two countries would come together "at the end of the day". "This is a very complicated relationship. President (Donald) Trump or Prime Minister (Narendra) Modi have very good relationships at that level. And it's not just over the



Russian oil," Bessent said in an interview with Fox Business.

Saying that India is the world's largest democracy and the US is the world's largest economy, he said, “I think at the end of the day, we will come together."

His comments came hours after the additional 25 per cent tariff imposed by Trump on India for its purchases of Russian oil came into effect, bringing the total amount of levies imposed on New Delhi to 50 per cent.