Tag: trump tariff war

Modi-Trump meeting: Reciprocal tariffs by U.S. may not hurt India much says GTRI

February 14, 2025 admin

Prime Minister Narendra Modi and U.S. President Donald Trump shake hands as they deliver a joint press statement after their meeting at the White House, in Washington, DC on Thursday, February 13, 2025 | Photo Credit: Reuters The U.S. government’s move to impose reciprocal tariffs to match higher duties levied by its trading partners is…

Business

Amidst Trump’s tariff war, India slashes peak tariffs from 150% to 70%, to ‘correct bad optics’

February 2, 2025 admin

While India’s peak custom duty rate is now 70%, the import duties on the top 30 items exported by the U.S. to India — led by crude petroleum, coking coal, aeroplanes, and liquefied natural gas — are minimal, in the range of zero to 7.5%, the Central Board of Indirect Taxes and Customs chairman Sanjay…

Business

Donald Trump Fires “Tremendous Tariff-Maker” Warning At India, China

January 28, 2025 admin

New Delhi: Donald Trump on Tuesday denounced India, China, and Brazil as “tremendous tariff-maker(s)” and said his government would not allow the three to continue down this path, declaring, “… we’re not going to let that happen any longer because we’re going to put America first.” Speaking to House Republicans at a Florida retreat, the…

World

Is Trump Team Diluting The “Universal” Tariff Plan? Here’s What He Said

January 7, 2025 admin

Washington DC: With just weeks to US President-elect Donald Trump’s Inauguration, his aides are reportedly exploring plans to translate the Republican leader’s campaign pledges of imposing universal tariffs on imports from overseas into policy. In the run-up to the Presidential polls, Donald Trump has called for “universal” tariffs as high as 10 or 20 per…

World