"F-35 Deal on the Brink: How India's 25% Tariff Shock May Derail US Jets Deal"
Labels: F-35, Tariffs, Lockheed Martin, India-US Defense Relations, Military Trade, F-35 Deal Collapse, International Trade Cooperation F-35 Deal on the Brink: How India's 25% Tariff Shock May Derail US Jets Deal The proposed deal between India and the United States for the purchase of F-35 fighter jets is on the verge of collapse, thanks to a sudden tariff shock from India. F-35 , Lockheed Martin's multirole combat aircraft, was hailed as a game-changer in India's military modernization efforts. But just a week ago, India unexpectedly slapped a 25% tariff on American-made goods, including military equipment, sending shockwaves through the US-India defense relationship. India's Trade Protectionism India's move to hike tariffs on American imports, including F-35 jets, is part of its efforts to boost domestic industry and reduce its dependence on imports. However, this protectionist stance has worrying implications for the F-35 deal. The Indian government has ...