Tag: US tariffs on india

U.S. tariffs will have long-term effect on trade: Commerce Ministry to PAC

September 29, 2025 admin

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…

Business

From The Hindu: Analysing impact of U.S. tariff on Indian industries

September 17, 2025 admin

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…

Business

India-U.S. trade talks: U.S. chief negotiator to visit India on September 16 for trade talks

September 15, 2025 admin

File picture of U.S. Chief negotiator Brendan Lynch (centre, talking). Picture: X/@USIBC As a “continuation” of trade talks between India and the U.S., India will host the U.S. chief negotiator Brendan Lynch for a one-day meeting with India’s chief negotiator Rajesh Agrawal, Mr. Agrawal said on Monday (September 15, 2025). This follows developments earlier this…

Business

India brags about having 1.4 billion people but won’t buy one bushel of U.S. corn: Lutnick

September 14, 2025 admin

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….

Business

U.S. asks G7 countries to impose tariffs on countries purchasing oil from Russia

September 13, 2025 admin

The U.S. has asked G7 countries to impose tariffs on countries purchasing oil from Russia, asserting that only “unified efforts” that cut off funding to Moscow’s war machine at source can apply sufficient pressure to end “the senseless killing.” U.S. Treasury Secretary Scott Bessent and the United States Trade Representative Ambassador Jamieson Greer were on…

World

India Inc in ‘cosy, comfort zone’ courtesy large local market, not venturing out globally: Goyal

August 31, 2025 admin

Indian businesses are in a “cosy comfort zone” created by the presence of a 1.4 billion-person domestic market, and need to find opportunities globally, Union Commerce Minister Piyush Goyal said on Saturday (August 30, 2025). In the comments that come amid deep concerns about the impact of high U.S. tariffs on the Indian economy, Mr….

Business

Shrimp export volume set to decline 15-18% on higher U.S. tariffs, says CRISIL

August 29, 2025 admin

India’s shrimp export volume is headed to fall 15-18% this fiscal with the U.S. raising tariff to 58.26% with effect from August 27, CRISIL Ratings said in a note. “Realisations would fall, too, even as exporters look to change their product mix and scout for alternative export destinations,” it said “Thus, revenues, which were stagnant…

Business

Trump tariffs LIVE: Businessmen express disappointment as U.S. 50% tariff on Indian goods takes effect

August 27, 2025 admin

India is planning dedicated outreach programmes in 40 countries, including the UK, Japan, and South Korea, to push textiles exports amid a 50% tariff imposed by the U.S. on Indian products, an official said on Wednesday. Other nations include Germany, France, Italy, Spain, the Netherlands, Poland, Canada, Mexico, Russia, Belgium, Turkiye, the United Arab Emirates,…

Business

Export units at Tirupur, Noida, Surat halt production amid high U.S. tariffs: FIEO

August 26, 2025 admin

Apex exporters body FIEO on Tuesday (August 26, 2025) expressed serious concerns over high U.S. tariffs on Indian goods and said that textiles and apparel manufacturers in Tirupur, Noida, and Surat have halted production amid worsening cost competitiveness due to these steep duties. The U.S. duties on Indian goods will increase to 50% from August…

Business

RBI open to help tariff impacted sectors, says Governor Malhotra

August 25, 2025 admin

Reserve Bank of India Governor Sanjay Malhotra speaks during the FIBAC banking conference in Mumbai, on August 25, 2025. | Photo Credit: Reuters Should the tariffs imposed by U.S. President Donald Trump kick in, the Reserve Bank of India (RBI), like in the past, would step in and provide financial support to worst impacted sectors…

Business