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'A Severe Setback...': Exporters Body's Warning As Trump's 50% Tariff Kicks In
The United States' extra 25 per cent tariff on goods from India - a 'penalty' for buying Russian weapons and crude oil that kicked in this morning, doubling existing levies - will deliver a severe shock to Indian exporters, an exporters body warned.
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Trump Doubles Tariffs On Indian Imports, Raising Trade Tensions
US President Donald Trump's additional 25% tariff on Indian imports took effect on Wednesday, raising duties on some shipments to as much as 50% - among the highest imposed by Washington and on par with Brazil and China.
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Analysis: India's Russian Oil Gains Eroded By Trump Tariffs
India saved billions of dollars by stepping up imports of discounted Russian oil in the wake of the war in Ukraine, but punitive tariffs imposed by the US that came into effect on Wednesday will quickly undo the gains.
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How Floundering India-US Talks Led To 50% Trump Tariffs
US President Donald Trump's doubling of tariffs on goods from India to as much as 50% took effect as scheduled on Wednesday, escalating tensions between the world's two largest democracies and strategic partners.
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Resilient India Braces For Impact As Trump's 50% Tariff Blast Kicks In
US tariffs of 50 per cent took effect on Wednesday on many Indian products, doubling an existing duty as President Donald Trump sought to punish New Delhi for buying Russian oil.
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PM Modi Avoided 4 Calls From Trump Amid Tariff Tension: Report
The American President has made at least four attempts to speak with PM Modi on the phone in the past weeks, but the latter did not take the calls, German newspaper Frankfurter Allgemeine Zeitung (FAZ) reported, citing sources.
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India's "Resilience" Message As US Issues Notice On Additional 25% Tariffs
The Donald Trump administration in the United States has officially issued a notice regarding the imposition of an additional 25 per cent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.
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"Pressure May Rise, But We Will Bear It": PM Modi Ahead Of US Tariff Deadline
Prime Minister Narendra Modi on Monday asserted he can't compromise on interests of farmers, cattle-rearers, small-scale industries, cautioning "pressure on us may increase, but we will bear it".
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India Hires 2nd Lobbying Firm In US Before Trump's Russian Oil Tariff Kicks In
Days before US President Donald Trump's punitive 50 per cent tariffs take effect on Indian exports, India's embassy in Washington has reportedly hired a second lobbying firm with close ties to the Trump administration.
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Opinion | Trump's Hollow Claims: Here's Where India - And China - Really Buy Their Oil From
Navarro says India is importing more oil than it needs, forgetting that it is adding value by refining it and satisfying existing external demand, created, ironically, by the US and the EU imposing sanctions on Russia.
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Trump's 50% Tariffs Unlikely To Significantly Impact India's Growth: Analysts
As the deadline for US secondary tariffs of 25 per cent falls this week over Russian oil purchase, analysts say that a total of 50 per cent tariff is unlikely to significantly impact India's growth due to a robust domestic demand.
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"To Make It Harder For Russians": JD Vance On Trump's Tariffs On India
US President Donald Trump's punitive 50 per cent tariffs on imports from India were meant to get an "aggressive economic leverage" for forcing Russia to stop bombing Ukraine, according to American Vice President JD Vance.
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India Will Buy Oil From Wherever It Gets "Best Deal": Indian Envoy To Russia
Indian companies will continue buying oil from wherever they get the "best deal", India's envoy to Russia Vinay Kumar has said, asserting that New Delhi will continue taking measures which protect its "national interest".
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"India Must Take It Seriously": Nikki Haley's Warning On Russian Oil Imports
Donald Trump's Republican colleague, Nikki Haley, on Sunday warned India over its Russian oil imports and asked to work on a solution with the White House "sooner the better".
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"Don't Like It, Don't Buy It": S Jaishankar Defends Importing Russian Oil
There are some "red lines" in the India-US trade deal negotiations, Foreign Minister S Jaishankar has underscored amid strained relations with the US over several aspects in bilateral trade where India has refused any concession to President Trump.
-
'A Severe Setback...': Exporters Body's Warning As Trump's 50% Tariff Kicks In
The United States' extra 25 per cent tariff on goods from India - a 'penalty' for buying Russian weapons and crude oil that kicked in this morning, doubling existing levies - will deliver a severe shock to Indian exporters, an exporters body warned.
-
Trump Doubles Tariffs On Indian Imports, Raising Trade Tensions
US President Donald Trump's additional 25% tariff on Indian imports took effect on Wednesday, raising duties on some shipments to as much as 50% - among the highest imposed by Washington and on par with Brazil and China.
-
Analysis: India's Russian Oil Gains Eroded By Trump Tariffs
India saved billions of dollars by stepping up imports of discounted Russian oil in the wake of the war in Ukraine, but punitive tariffs imposed by the US that came into effect on Wednesday will quickly undo the gains.
-
How Floundering India-US Talks Led To 50% Trump Tariffs
US President Donald Trump's doubling of tariffs on goods from India to as much as 50% took effect as scheduled on Wednesday, escalating tensions between the world's two largest democracies and strategic partners.
-
Resilient India Braces For Impact As Trump's 50% Tariff Blast Kicks In
US tariffs of 50 per cent took effect on Wednesday on many Indian products, doubling an existing duty as President Donald Trump sought to punish New Delhi for buying Russian oil.
-
PM Modi Avoided 4 Calls From Trump Amid Tariff Tension: Report
The American President has made at least four attempts to speak with PM Modi on the phone in the past weeks, but the latter did not take the calls, German newspaper Frankfurter Allgemeine Zeitung (FAZ) reported, citing sources.
-
India's "Resilience" Message As US Issues Notice On Additional 25% Tariffs
The Donald Trump administration in the United States has officially issued a notice regarding the imposition of an additional 25 per cent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.
-
"Pressure May Rise, But We Will Bear It": PM Modi Ahead Of US Tariff Deadline
Prime Minister Narendra Modi on Monday asserted he can't compromise on interests of farmers, cattle-rearers, small-scale industries, cautioning "pressure on us may increase, but we will bear it".
-
India Hires 2nd Lobbying Firm In US Before Trump's Russian Oil Tariff Kicks In
Days before US President Donald Trump's punitive 50 per cent tariffs take effect on Indian exports, India's embassy in Washington has reportedly hired a second lobbying firm with close ties to the Trump administration.
-
Opinion | Trump's Hollow Claims: Here's Where India - And China - Really Buy Their Oil From
Navarro says India is importing more oil than it needs, forgetting that it is adding value by refining it and satisfying existing external demand, created, ironically, by the US and the EU imposing sanctions on Russia.
-
Trump's 50% Tariffs Unlikely To Significantly Impact India's Growth: Analysts
As the deadline for US secondary tariffs of 25 per cent falls this week over Russian oil purchase, analysts say that a total of 50 per cent tariff is unlikely to significantly impact India's growth due to a robust domestic demand.
-
"To Make It Harder For Russians": JD Vance On Trump's Tariffs On India
US President Donald Trump's punitive 50 per cent tariffs on imports from India were meant to get an "aggressive economic leverage" for forcing Russia to stop bombing Ukraine, according to American Vice President JD Vance.
-
India Will Buy Oil From Wherever It Gets "Best Deal": Indian Envoy To Russia
Indian companies will continue buying oil from wherever they get the "best deal", India's envoy to Russia Vinay Kumar has said, asserting that New Delhi will continue taking measures which protect its "national interest".
-
"India Must Take It Seriously": Nikki Haley's Warning On Russian Oil Imports
Donald Trump's Republican colleague, Nikki Haley, on Sunday warned India over its Russian oil imports and asked to work on a solution with the White House "sooner the better".
-
"Don't Like It, Don't Buy It": S Jaishankar Defends Importing Russian Oil
There are some "red lines" in the India-US trade deal negotiations, Foreign Minister S Jaishankar has underscored amid strained relations with the US over several aspects in bilateral trade where India has refused any concession to President Trump.
