Tag: trump tariffs on india

Russia welcomes Wang Yi’s visit and the positive turn in India-China ties

August 20, 2025 admin

Roman Babushkin, charge d’affaires at the Russian embassy in India, attends a press conference in New Delhi, India, August 20, 2025. | Photo Credit: Reuters Russia has welcomed Chinese Foreign Minister Wang Yi’s visit to India and the positive turn in India-China relations, a senior Russian diplomat said here on Wednesday (August 20, 2025). Addressing…

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MSMEs in textiles, diamonds, chemicals to be most hit by U.S. tariffs: CRISIL Intelligence

August 20, 2025 admin

Representational image only. | Photo Credit: Vijay Soneji “The imposition of higher tariffs by the U.S. will significantly impact the Micro, Small and Medium Enterprise (MSME) sector, which accounts for around 45% of India’s exports, while MSMEs in textiles, diamonds and chemicals are likely to be the most hit,” a report by CRISIL Intelligence said….

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Trump imposed tariffs on India to end Russia-Ukraine war, says White House

August 20, 2025 admin

White House Press Secretary Karoline Leavitt speaks with reporters at the White House on August 19, 2025. | Photo Credit: AP White House Press Secretary Karoline Leavitt on Tuesday (August 19, 2025) said that U.S. President Donald Trump has imposed sanctions on India to bring an end to the Russia-Ukraine war. “The President has put…

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India recommends import tariffs for three years on some steel products

August 18, 2025 admin

Representational file image. | Photo Credit: Reuters India has recommended a three-year import tariff of 11%-12% on some steel products to curb shipments from top producer China. The levy, if imposed, will start at 12%. It will be eased to 11.5% in the second year and to 11% in the third year, the Directorate General…

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50% tariffs on Indian exports to the U.S. will reduce demand ‘very substantially’: Moody’s Analytics

August 18, 2025 admin

Moody’s added that the tariffs imposed by the U.S. have left countries across Europe and the Asia-Pacific region “feeling bruised”. File. | Photo Credit: Reuters The combined 50% tariff on Indian exports to the U.S. will reduce demand for Indian goods “very substantially”, Moody’s Analytics said in a report. The report was talking about the…

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India ‘bit recalcitrant’ on trade negotiations: U.S. Treasury Secretary Scott Bessent

August 13, 2025 admin

File picture of U.S. Treasury Secretary Scott Bessent. | Photo Credit: Reuters India has been a “bit recalcitrant” on trade negotiations with the US, Treasury Secretary Scott Bessent has said. “That’s aspirational,” Mr. Bessent said on Fox Business on Tuesday (August 12, 2025), responding to a question on wrapping up all the tariffs and trade…

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Will India cave in to U.S. pressure on Russian oil? | Explained

August 9, 2025 admin

The story so far: On August 6, U.S. President Donald Trump announced a whopping 25% penalty tariff on Indian goods for India’s import of Russian oil. This was on top of the 25% reciprocal tariffs announced on July 31 after Indian and U.S. negotiators failed to reach a Free Trade Agreement (FTA). Also Read |…

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Govt may roll out ₹2,250 crore export promotion mission soon: Official

August 9, 2025 admin

Image used for representative purpose only. | Photo Credit: Reuters The government is expected to soon announce support measures under the proposed ₹2,250 crore export promotion mission to help insulate industry from global trade uncertainties arising from Trump tariffs, an official said. “We are in dialogue with exporters to see how we can support them…

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Trump raises U.S. tariffs on Indian imports to 50%

August 6, 2025 admin

Prime Minister Narendra Modi and U.S. President Donald Trump at a joint press conference in Washington. File | Photo Credit: PTI Trump doubles tariff on India to 50% for buying Russian oil U.S. President Donald Trump on Wednesday (August 6, 2025) signed an executive order imposing an additional 25% tariff on imports from India, in…

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WATCH | Trump’s tariffs on India — analysing the economic and strategic impact

July 31, 2025 admin

U.S. President Donald Trump has announced a 25% tariff on Indian imports, along with an additional “penalty” targeting India’s defence and energy trade with Russia and its role in the BRICS alliance. In this LIVE analysis at 2:15 p.m., top experts examine how the Trump tariffs will impact Indian exports, India–U.S. trade negotiations, BRICS dynamics,…

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