Ambani Family Postpones New York Cultural Event Amid India-US Trade Tensions

The Nita Mukesh Ambani Cultural Centre has postponed its 'India Weekend' event in New York, originally scheduled for September 12-14, citing "unforeseen circumstances" amid escalating tensions between the United States and India. The postponement coincides with the Trump administration's decision to double tariffs on Indian imports, including a 50% tariff, as a response to India's significant purchases of discounted Russian crude oil. These U.S. actions are intended to pressure India to reduce its oil trade with Russia, which U.S. officials argue undermines efforts to end the war in Ukraine. While Mukesh Ambani's Reliance Industries is a major buyer of Russian oil, neither Ambani nor his companies were explicitly named in the U.S. criticisms. India has defended its economic rationale for buying Russian oil and has criticized the U.S. for singling it out, even as it seeks to strengthen ties with Russia. The Ambani family stressed that the postponement is a pause rather than a cancellation and reaffirmed their commitment to eventually hold the event in New York.