India, Tariff
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The Diplomat |
New Delhi faces a difficult choice between attempting to ease tariffs through diplomatic channels or imposing counter-tariffs on U.S. goods.
CNN |
President Donald Trump declared a national economic emergency and announced tariffs of at least 10% across all countries, with rates going even higher for 60 countries deemed the “worst offenders,” a...
Reuters |
The Indian rupee declined in the non-deliverable forward market on Thursday after the U.S. President Donald Trump slapped a 26% tariff on imports from the Asian nation.
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ABP News on MSNUS Revises India’s Tariff Rate, Cuts It To 26% From 27%In a recent announcement, President Donald Trump presented a chart detailing reciprocal tariffs for various countries, including India, China, the UK, and the European Union
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Asian News International on MSN"Russia, India developed immunity against negative external factors: Russian official on US tariffsIn response to the United States imposing a 26 per cent reciprocal tariff on India, Roman Babushkin, Minister of Counsellor and Deputy Chief of Mission at the Embassy of Russia in India, emphasised Russia's confidence in its relations with India and said that despite "deliberate attempts" to disrupt relations,
Congressman John Moolenaar, who chairs the House Select Committee on China, released a statement endorsing President Trump’s declaration of new tariffs aimed at Chinese imports, based on a report from the Select Committee on the CCP (SCCCP).
India-China ties appear to be mending amid recent signs of the easing of tensions. The US trade war in which the two Asian giants are caught is also a factor.
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ET Retail on MSNIndia maintains high import duty, non-tariff barriers on American goods: US reportA US report highlights India's high import tariffs on various American goods such as agricultural products, drug formulations, and alcoholic beverages, emphasizing significant trade and regulatory challenges.
India has offered tariff cuts on imports of U.S. farm products like almonds and cranberries as a further concession to the United States, two government sources said, hoping to avert President Donald Trump's reciprocal tariffs set for next week.
Donald Trump imposes heavy tariffs on India, claiming unfair treatment despite friendship with PM Modi. Is this the start of a trade war?- Watch Video on English Oneindia
Potential US tariff hikes on Indian products risk impacting goods from various sectors, including agriculture and machinery. The impending tariff differential aims to counter the existing high import duty gap,