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The United States said Thursday (July 23, 2026) that it would impose new tariffs on 60 trading partners over forced labour concerns, replacing an expiring global duty rolled out by President Donald Trump earlier this year. The levies, which take effect Friday (July 24, 2026), range from 10% to 12.5% and impact major economies like…
Read More “U.S. unveils new tariffs on 60 partners as Trump rebuilds trade agenda” »
The U.S. currently has imposed a total of 50% tariffs on imports from India, with 25% of these constituting reciprocal tariffs, and another 25% being imposed as a penalty for India’s imports of Russian oil. File. | Photo Credit: The Hindu A team of negotiators from the U.S. will visit India on December 10-12 to…
U.S. President Donald Trump listens as Indian Prime Minister Narendra Modi speaks during a joint press conference at the White House in Washington, D.C., U.S., February 13, 2025. | Photo Credit: Reuters U.S. President Donald Trump speaks often with Indian Prime Minister Narendra Modi and trade teams from both countries continue to hold talks, the…
Read More “Trump, Modi speak frequently as trade talks continue, White House says” »
The U.S. has imposed high tariffs, notably a 50% duty implemented in August 2025, which significantly impact India’s marine exports. File image used for representation. | Photo Credit: The Hindu The higher tariffs imposed on Indian goods by American President Donald Trump would have a long-term impact, especially for India’s marine exports, officials of the…
The U.S. has imposed high tariffs, notably a 50% duty implemented in August 2025, which significantly impact India’s marine exports. File image used for representation. | Photo Credit: The Hindu The higher tariffs imposed on Indian goods by American President Donald Trump would have a long-term impact, especially for India’s marine exports, officials of the…
Read More “U.S. tariffs will have long-term effect on trade: Commerce Ministry to PAC” »
U.S. Secretary of Commerce Howard Lutnick speaks while standing next to U.S. President Donald Trump. File. | Photo Credit: Reuters The U.S. needed to “fix” certain countries like India, Switzerland and Brazil, in terms of their trading relationships with America, U.S. Commerce Secretary Howard Lutnick has said. He said the countries needed to “ react correctly”…
Read More “Countries need to ‘react correctly’ to the U.S.: Lutnick on India and others” »
Representational file image. | Photo Credit: Reuters In August this year, the 25% tariff on Indian exports, imposed by U.S. President Donald Trump, came into effect. Prior to this, Mr. Trump had signed an executive order — Addressing Threats to the U.S. by the Government of the Russian Federation — imposing the additional tariff over an above…
Read More “From The Hindu: Analysing impact of U.S. tariff on Indian industries” »
The U.S. has to decide first where they see India fit into their scheme of things, says T.S. Tirumurti, India’s former Ambassador and Permanent Representative to the U.N., New York. In an interview with The Hindu, Mr. Tirumurti spoke about the foreign policy challenges and opportunities India is facing in an uncertain world, including its…
Read More “India is keen to preserve its relations with the U.S. but not at any cost: Tirumurti” »
U.S. Secretary of Commerce Howard Lutnick. File. | Photo Credit: Reuters India brags about having 1.4 billion people but won’t buy even a small amount of American corn, United States Commerce Secretary Howard Lutnick has said, asserting that New Delhi must bring down its tariffs or face a “tough time” doing business with the U.S….
There is a palpable tension in the air. “I am worried. Had we even anticipated that heavy tariffs would be imposed overnight, we would have diversified. But what do I do now? I have thousands of karigars (skilled artisans) dependent on me. They have been working with me for decades. They have families to take…