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With reciprocal tariffs lowered to 10%, think tank GTRI urges India to reassess the trade pact. “Deals are not charity. Both sides must gain,” founder Ajay Srivastava said
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President Donald Trump criticized the US-India trade relationship as “one-sided,” citing high Indian tariffs on American goods. While acknowledging improved ties, he defended steep US tariffs. India called the measures “unjustified,” asserting its right to protect national economic interests
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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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US President Donald Trump said the country is close to finalising a trade deal with India, as his administration sends out tariff letters to other nations. India, spared from this round, has three more weeks to conclude an interim agreement
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US Vice President JD Vance’s visit to India helped in removing uncertainties surrounding the new tariff regime and cleared the way for finalising a trade agreement between the two countries
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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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Trump announced the revised levies in a post on Truth Social on Wednesday midday as the markets were in tumult for another day over the tariffs, this time with the sell-off treasury bonds
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The RBI slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US
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Aquaculture is the southern State's fourth-largest sector, contributing nearly 9 per cent of the gross value added (GVA) in 2024-25 at more than Rs 1.3 lakh crore
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The tariffs will be imposed on American goods starting April 10; Beijing also announced it filed a lawsuit with World Trade Organization
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The new tariffs may adversely impact India’s booming exports in various sectors, but it could still remain competitive as China, Vietnam, Taiwan and Thailand face even higher tariffs
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India, however, is likely to be relatively less impacted among Asian economies as other countries have been hit by higher tariff rates or run a larger trade surplus with the US
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US President Donald Trump plans to roll out a set of reciprocal tariffs on April 2, which he says will be ‘Liberation Day’ for the US
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Experts say the proposal to remove the Equalisation Levy on online advertisements is aimed at showing an accommodative stance to the US, which has threatened to introduce reciprocal tariffs from April 2
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The move towards protectionism could lead to a more fragmented and less predictable global trade environment
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When you are at a stage of development when your own industry has to grow, you will tend to make sure that, as per the WTO norms, whatever is the trade tariff which you can levy... you will levy, says Union Finance Minister
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"India charges auto tariffs higher than 100 per cent," he said in his address to a joint session of Congress on Tuesday, outlining his policies
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President Donald Trump wants to impose the same tariff on imports from foreign countries as those nations impose on our exports
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India should expand its export portfolio, diversifying its trade to other economies such as SE Asia and Latin America
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‘If he (Musk) built the factory in India, that’s okay, but that's unfair to us. It’s very unfair,’ US President Donald Trump said in a recent interview
