India is weighing options to placate the White House, including boosting US imports, and has ruled out immediate retaliation to President Donald Trump’s surprise 25% tariff threat, according to people familiar with the matter.

President Donald Trump says the United States and India are still negotiating on trade despite new tariffs slated to begin in a few days.

The US will impose 25% tariffs on goods imported from India "plus an unspecified penalty" for buying Russian oil and weapons, President Donald Trump has said.