Tag: trump tariffs on india

India killed U.S. with tariffs, now offers ‘no tariffs’: Trump

September 3, 2025 admin

U.S. President Donald Trump said he understands tariffs “better” than anybody. File. | Photo Credit: AP India “kills” the U.S. with tariffs and the country has now offered “no tariffs”, U.S. President Donald Trump claimed amid New Delhi’s escalating tensions with Washington over trade and tariffs. “They have tariffs against us. China, which kills us…

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Textile, leather, gems and jewellery stocks decline in morning trade

August 28, 2025 admin

Bombay Stock Exchange (BSE) in Mumbai. | Photo Credit: REUTERS Textile, leather, gems and jewellery stocks declined on Thursday morning trade as the steep 50% tariff on Indian goods entering the United States came into effect. Shares of Alok Industries tanked 4.13%, Raymond Lifestyle fell by 3.66%, Siyaram Silk Mills dropped 2.92%, Welspun Living declined…

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U.S. tariff impact: India sees Asia’s biggest earnings downgrades

August 22, 2025 admin

Analysis by MUFG indicates that a sustained 50% tariff could cut India’s GDP growth by 1 percentage point over time, with the biggest hit to employment-sensitive sectors such as textiles. | Photo Credit: Getty Images/istockphoto Indian companies have seen the steepest earnings downgrades in Asia, with analysts slashing forecasts as steep U.S. tariffs heighten risks…

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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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