New Delhi, Sept. 4 -- Piyush Goyal, the Union Minister of Commerce and Industry, today expressed confidence that the friendship between the United States and India, can overcome current trade and tariff hurdles.

Notably, US President Donald Trump has slammed among the highest tariffs on India - a combined 50 per cent duties, of which 25 per cent was imposed in April 2025, and another 25 per cent was added from August 27, as "punishment" for buying Russian crude oil.

"I think the US-India relationship is one of the most consequential relationships on the globe today. We are two very large democracies. We believe in the rule of law. We are allies and friends, for long.I look at this only as one more situation which will pass as there's a ...