Amidst rising trade tensions between the United States and India, Russia has extended a welcoming hand to Indian goods potentially impacted by US tariffs. Roman Babushkin, a senior Russian diplomat, has indicated Russia's readiness to increase imports of Indian products, a move seen as a potential buffer against the effects of punitive tariffs imposed by Washington.

Babushkin, the Charge d'Affaires at the Russian Embassy in New Delhi, criticized the US for its "unjustified and unilateral" tariffs on India's purchase of Russian crude oil. He highlighted that Russia remains committed to supporting India's energy security, despite external pressures. "If Indian goods are facing difficulties entering the US market, the Russian market is welcoming Indian exports," Babushkin stated, underscoring Russia's willingness to bolster bilateral trade.

This development occurs against the backdrop of increasing strains in the US-India trade relationship, primarily due to India's continued imports of Russian oil. The Trump administration has imposed a 50% tariff on Indian goods in response to these imports. Washington's stance is that India's purchase of Russian oil is helping to fund Russia's war on Ukraine.

In contrast, Russia has defended India's right to procure crude oil from the most competitive source. Russia reportedly offers a 5% discount on its oil to India, making it an attractive option for the energy-hungry nation. Evgeny Griva, a trade official at the Russian embassy, projected bilateral trade to grow by about 10% a year.

Babushkin has also criticized the US for not behaving like a "friend" to India, highlighting the contrast between Trump's rhetoric and his administration's actions. He described sanctions and tariffs as "a tool of unlawful competition". He further added that such measures reflect "a lack of trust, blackmail and pressure, as well as disrespect of national interests,".

Russia has emphasized the "time-tested friendship" between the two nations, dating back to the Soviet era. Despite the challenging circumstances, Russia has expressed confidence in its strategic partnership with India. "Whatever happens, even during challenges, we are committed to removing any problems,” Babushkin affirmed.

The US has not taken similar actions against China, the largest buyer of Russian energy. This has led to accusations of unequal treatment, reflecting political and economic calculations. Some observers suggest that the US is keen to avoid a tariff spike with China, especially with the upcoming Christmas holiday season.

The situation has created a complex dynamic, with India navigating between its relationships with the US and Russia. India has maintained that it will not back down in the face of economic pressure and defends its right to purchase oil from the cheapest source.

Bilateral trade between India and Russia reached a record high of $68.7 billion in 2024-25, with India exporting goods worth $4.88 billion. This robust trade relationship is expected to strengthen further, with Russia's markets open to Indian exports.