US Treasury Secretary Scott Bessent has urged European leaders to collaborate with the United States in enforcing sanctions on Russian oil buyers, emphasizing that the sanctions regime could either be tightened or relaxed depending on outcomes from ongoing diplomatic meetings. Bessent stressed the need for European commitment, describing the situation as "put up or shut up time." Concurrently, the US has imposed a 50% tariff on Indian goods, marking the highest tariff rate in Asia, which threatens India's manufacturing sector—a key focus of Prime Minister Narendra Modi's decade-long economic strategy. The tariffs are linked to India's continued defense and oil imports from Russia amid US-Russia tensions, including peace talks involving former President Donald Trump and Russian President Vladimir Putin. The US has also warned of potential secondary tariffs if India does not cease purchasing Russian oil. This move has disrupted regional trade dynamics in the Indo-Pacific, affecting countries from Japan to Vietnam, and has caused shifts in US-India relations. Analysts estimate the tariffs' impact on India's GDP to be marginal, ranging from 0.1 to 0.3 percentage points. Meanwhile, India is seeking to strengthen its global diplomatic position through visits to Argentina and Brazil, aiming to act as a diplomatic bridge between the Global South and the East-West divide. Experts suggest India might need to further open its economy and pursue bilateral agreements to mitigate the effects of US tariffs and maintain competitiveness. The broader context includes India and China quietly restoring economic ties, signaling a transformation in global economic alignments beyond Western focus on BRICS.