"us-tariffs"

Andhra Pradesh CM N Chandrababu Naidu said US tariffs have cost the state’s shrimp sector Rs 25,000 crore, with 50 per cent export orders cancelled. He urged the Centre to provide financial relief, boost domestic seafood consumption, and strengthen cold-chain infrastructure

Gold and Silver prices surged to fresh record highs this week, driven by global uncertainty, tariff concerns, and safe-haven demand, with analysts expecting the bullish trend to continue in near term

Former White House trade adviser Peter Navarro claimed the BRICS alliance is unsustainable because member nations “hate each other.” In a scathing attack, he likened their trade with the US to “vampires” and criticised India’s Russian oil imports and high tariffs.

Chinese Ambassador Xu Feihong criticised Washington’s 50% tariffs on India as “unfair,” calling on New Delhi and Beijing to deepen economic ties to counter the challenge. He also stressed joint efforts against terrorism and strengthening bilateral cooperation.

AAP leader Arvind Kejriwal urged Prime Minister Narendra Modi to impose a 75 per cent tariff on US imports in response to Washington’s duties on Indian goods. He warned that exempting duty on US cotton would harm Indian farmers

India’s Department of Posts has fully suspended all mail to the U.S., including letters and gifts under $100, due to new U.S. regulations removing duty-free exemptions. The move follows carrier refusals amid unclear customs processes under the new tariff regime

India has become Ukraine’s largest diesel supplier, accounting for 15.5 per cent of imports in July 2025, despite new US tariffs on Russian crude-linked trade. Deliveries rose via Romania and Turkey, deepening tensions with Washington but stabilising global oil markets

The Trump administration has proposed limiting visa durations for foreign students and media personnel, ending the long-standing “duration of status” system. Plans also include changes to the H1B and Green Card processes, amid rising tensions in US-India trade relations.

The US administration will raise tariffs on Indian imports to 50% from Wednesday, targeting India over continued Russian oil purchases, sparking concerns in markets and raising trade tensions.

Postal services in Australia, Switzerland, India, and several European countries have temporarily halted shipments to the United States following new customs and tariff rules, including the removal of the $800 de minimis exemption for low-value parcels.

Canada will remove counter-tariffs on US goods covered by CUSMA starting September 1, following discussions between PM Carney and President Trump. Tariffs on steel, aluminum, and autos remain as both countries work to resolve trade issues.

Jefferies has advised clients to buy Indian stocks, predicting Donald Trump will reverse his tariff stance. Analyst Christopher Wood highlighted India as Asia’s best long-term structural story, despite high valuations, while warning Trump’s policies could push BRICS nations toward de-dollarisation

President Donald Trump indicated that the US may not enforce secondary tariffs on countries, including India, purchasing Russian oil. The warning follows earlier US tariff measures, while India maintains that targeting it is unjustified and will safeguard its national interests.

Uddhav Thackeray lashed out at the Modi government over rising US tariffs, alleged foreign policy failures, and ties with Pakistan and China. He questioned the PM’s silence on key issues and accused the BJP of weakening democracy and ignoring national crises

US tariffs on Indian exports, set to take effect August 7, will have a minimal GDP impact of 0.19%, affecting $8.1 billion in trade, says PHDCCI. The think tank has outlined a four-pronged plan to manage the fallout.

Tesla shares dropped 8% on Thursday after CEO Elon Musk admitted the company could face a “few rough quarters” amid its pivot from car sales to autonomous ride services. The EV maker posted a 12% revenue decline and 16% fall in profits for the quarter.

An Indian delegation has reached Washington to hold a fresh round of talks on the Bilateral Trade Agreement (BTA) with the US, focusing on agriculture, automobiles, and tariffs. The four-day discussions are expected to shape a potential interim deal

EU leaders condemned US President Trump's surprise tariffs on EU exports, warning of inflation, disrupted supply chains, and economic fallout. Officials promised proportionate countermeasures if negotiations with Washington fail.

President Donald Trump has imposed new tariffs on imports from Japan, South Korea, and 10 other nations, effective August 1. The move has sparked diplomatic pushback, legal challenges, and market jitters as trade negotiations remain unresolved and uncertainty looms

Toy Association of India has identified about 40 firms with potential to export to US market while meeting the compliance requirements