With a Friday deadline for Russia to agree to peace in Ukraine or have its oil customers face secondary tariffs, Trump has found a novel, but risky, use for his favorite trade tool.

Tariffs on Indian exports to the United States will surge to 50 percent by late August, as part of an effort by President Trump to pressure Russia into resolving its war in Ukraine.

Mohandas Pai, Neelkanth Mishra, Pankaj Saran and Rahul Roy-Chaudhuri decode the current spat and the changing landscape of foreign policy. One recommendation is to “keep the temperature down”.