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Experience from 2018-19 shows tariffs get passed on to consumers; the 2025 round may be more inflationary, leaving US consumers with higher prices and fewer choices
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Beyond Russian oil, US tariffs on India reveal a deeper strategic rift between Washington and New Delhi in a changing world order
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New Delhi calls the threat of additional tariffs “unjustified and unreasonable”
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The US President had mounted a sharp attack on India and Russia for their close ties and said the two countries can take their “dead economies down together”
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United States President’s tariff war has virtually undone efforts put in by India-US to deepen their economic and strategic cooperation
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New Delhi must absorb the tariffs temporarily without rushing into a one-sided deal
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US President Donald Trump made the remarks even as countries strive to reach deals with the US to avoid or minimise the impact of steep “reciprocal” tariffs that are set to take effect on August 1
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Trump’s tariff threat is a risky shortcut that could deepen uncertainty, provoke retaliation, and ultimately isolate the US from the very trade flows it seeks to dominate
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On March 26, the US adopted a safeguard measure in the form of a tariff increase of 25 per cent ad valorem on imports of passenger vehicles and light trucks, and on certain automobile parts from India
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India has hardened its position on giving duty concessions to American farm and dairy products as these are politically sensitive sectors
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However, summer heat poses high upside risks to food prices in addition to elevated geopolitical risks and tariff war
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US President also tells Apple CEO Tim Cook to give up plan of setting up more manufacturing facilities in India
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The biggest pact signed by Britain after leaving the EU marks a major milestone in bilateral relations and also reflects India’s rising status in the global order
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The pact lowers tariffs on 99 per cent of Indian goods to zero in the UK market while allowing Indian workers to travel to the UK for work without changing Britain’s point-based immigration system
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India should focus on expanding trade with developed countries rather than developing nations, leveraging its skilled and cost-effective labour advantage
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Trump administration’s decision to freeze $2.2 billion in grants to Harvard University, as a punishment for refusing to toe the line and comply with a list of ‘unlawful’ demands from the federal government, reflects an authoritarian mindset
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The fact that Vietnam, Malaysia, and Cambodia are all countries impacted by Trump’s tariffs provides Beijing an opportunity to project how it would act as a responsible superpower, one of China's long-time stances
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Trump’s leadership has always hinged on unpredictability and bravado, giving him an aura of a disruptor and a divider
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Silver also registered a steep rise of Rs 2,300 to Rs 95,500 per kg, largely in tandem with global trends
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The Indian currency logs the maximum single-day loss on April 8. It earlier recorded such a steep loss in one session on January 13 this year, when it had depreciated by 66 paise
