India, Aug. 8 -- India now shares the top spot with Brazil, which is also facing a combined 50% tariff under Trump's adjusted trade regime.

Amid ongoing tariff tensions with US President Donald Trump, on Thursday Brazilian President Luiz Inacio Lula da Silva dialled Prime Minister Narendra Modi with both leaders committed to deepening strategic partnership, including in trade, energy, tech, defence, health and more.

Trump on Wednesday issued an executive order slapping an additional 25% tariff on Indian goods as a penalty for buying Russian oil, doubling it to 50%. India now shares the top spot with Brazil, which is also facing a combined 50% tariff under Trump's adjusted trade regime.

But while India's elevated tariffs are linked to i...