Donald Trump's latest flat 25% tariff on all Indian exports to the US seems to have rubbed New Delhi the wrong way, as the world's fourth largest economy has reportedly told US officials that India was no longer interested in buying its fifth-generation F-35 stealth fighter jets. The US has been repeatedly lobbying global military powers such as India to purchase American defence exports. But after the latest Trump tariffs, India would no longer approve any major military purchases from the US. F-35s are tied to Lockheed Martin software, have high operational costs, and they cost $80 million each. The USAF cut down on the number of orders of the troubled fifth-generation supersonic stealth F-35 fighters it intends to procure from Lockheed Martin Corp from 48 to 24. The Pentagon also reportedly cut down its order to just 12 F-35Cs from the 17 that the US Congress approved for the fiscal year. Lockheed Martin shares are $421.01.

PM Mark Carney is re-considering Canada's enormous contract to purchase 88 F-35 fighters from the US and Moscow is said to have offered India, through Rostec and Sukhoi, a package deal for the new Su-57E fifth-generation stealth fighter and the Su-35M multirole aircraft. India increased oil purchases from Russia, an historic ally, to support Moscow's brutal invasion of Ukraine. Elon Musk tweeted his two cents in to the fracas: 'X'