U.S. team led by deputy USTR Switzer to visit India from December 10-12 to discuss tariffs

[ad_1] 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 […]

Continue Reading

India is exploring newer markets to mitigate the impact on marine exports hit by U.S. tariffs 

[ad_1] 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 […]

Continue Reading

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

[ad_1] 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 […]

Continue Reading

India-U.S. trade talks: Commerce Minister Piyush Goyal likely to visit Washington soon

[ad_1] During his earlier visit in May, Union Minister Piyush Goyal held deliberations with U.S. Commerce Secretary Howard Lutnick in Washington. File | Photo Credit: X/@PiyushGoyal With the India-U.S. trade talks moving in the right direction, Union Commerce and Industry Minister Piyush Goyal is expected to visit Washington soon, sources told PTI. The visit comes […]

Continue Reading

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

[ad_1] 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 […]

Continue Reading

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

[ad_1] 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 […]

Continue Reading

Imposed tariffs against India for purchasing Russian energy products: Trump administration tells U.S. Supreme Court

[ad_1] File picture of U.S. President Donald Trump. | Photo Credit: Reuters The Trump administration has told the U.S. Supreme Court that it imposed tariffs against India for purchasing Russian energy products “to deal with a preexisting national emergency regarding Russia’s war in Ukraine” and as a “crucial aspect” of the President’s push for peace […]

Continue Reading

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

[ad_1] 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 […]

Continue Reading

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

[ad_1] 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 […]

Continue Reading