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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 |…
Read More “Will India cave in to U.S. pressure on Russian oil? | Explained” »
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…
Read More “Govt may roll out ₹2,250 crore export promotion mission soon: Official” »
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…
Read More “Trump raises U.S. tariffs on Indian imports to 50%” »
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,…
Read More “WATCH | Trump’s tariffs on India — analysing the economic and strategic impact” »
Putting an end to months of speculation, U.S. President Donald Trump on Wednesday (July 30, 2025) announced that imports from India will attract 25% tariffs from August 1, “plus a penalty”, citing India’s purchases of energy and military equipment from Russia, its high tariffs, and its “strenuous and obnoxious” non-monetary barriers to trade. Hours later,…