US Tariff

Indian exporters are linked to about $12 billion of the total refunds. Textiles and apparel account for roughly $4 billion of that amount

A refund system for businesses that paid tariffs which the US Supreme Court ruled President Donald Trump imposed without the constitutional authority to do so is scheduled to launch Monday. Importers and their brokers will be able to begin claiming refunds through an online portal beginning at 8 am, according to US Customs and Border Protection (CBP), the agency administering the system. It is the first step in a complicated process that also might eventually lead to refunds for consumers who were billed for some or all of the tariffs on products shipped to them from outside the United States. Companies must submit declarations listing the goods on which they collectively put billions of dollars toward the import taxes the court subsequently struck down. If CBP approves a claim, it will take 60-90 days for a refund to be issued, the agency said. The government expects to process refunds in phases, however, focusing first on more recent tariff payments. Any number of technical facto

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The US plans tariffs of up to 100 per cent on imported medicines to reduce foreign dependence and boost domestic manufacturing, a move that could reshape global pharmaceutical supply chains

India's growing economy and massive infrastructure needs align perfectly with American expertise in energy, advanced manufacturing and digital infrastructure and both sides are well-positioned for a 'win-win' expansion of their strategic economic pillar, US Ambassador Sergio Gor has said. The envoy said the two countries are prioritising building resilient supply chains for semiconductors and critical minerals, and welcomed New Delhi joining the US-led 'Pax Silica' initiative, which aims to secure these networks amid intense competition from China. In an interview to Span magazine, a US embassy publication, the ambassador said Washington is uniquely positioned to serve as the "main facilitator" of economic growth across South and Central Asia and that its proposed trade deal with India will create a "powerful anchor" for regional economic integration. Elaborating on the US' defence and security cooperation with India, he said it represents the "most strategically significant" area o

Foreign outflows, the West Asia conflict, rupee depreciation, uncertainty around US tariffs, and elevated valuations were among the key factors that influenced investor sentiment

The production-linked incentive scheme for large-scale electronics manufacturing, due to end on March 31, has propelled India as the second-largest smartphone maker in the world. What's its future?

President Donald Trump is scrambling to replace the revenue the federal government lost when the Supreme Court struck down his biggest and boldest tariffs last month. If the effort succeeds, congressional Democrats warn in a study out Friday, the administration's import taxes will cost American households an average of $2,512 in 2026, up 44% from $1,745 in tariff costs last year. And this at a time when U.S. consumers are already angry over the high cost of living and the war with Iran is pushing up energy prices. "Despite a Supreme Court ruling that much of Trump's tariff agenda is illegal, the Trump administration refuses to provide relief for families," said Sen. Maggie Hassan of New Hampshire, the top Democrat on the Joint Economic Committee. "As American families continue to struggle with high costs, the President keeps choosing to institute new tariffs that will push prices even higher." Calling the study "phony," White House spokesman Kush Desai said "President Trump will ...

Waaree Energies gains after management clarifies 126% US tariff does not apply.

Shares of affected companies reacted positively, including Europe's luxury brands from LVMH to Hermes and Italian luxury outerwear group Moncler, all of which rose after the ruling

Supreme Court struck down sweeping tariffs under a law meant for national emergencies

Bangladesh's key export-earning ready-made garments made from cotton and synthetic fibres imported from the US will enjoy zero reciprocal duty under a new trade deal

Renewed interest from US, EU and UK buyers after tariff cuts is positioning India as a key sourcing hub for global toy majors ahead of the Autumn-Winter 2026 season

Easing of US tariffs has revived demand-side confidence in India's gems and jewellery sector, raising hopes of reversing export losses and regaining momentum

With the "hanging sword" of trade uncertainty finally removed, market participants are pivoting toward export-heavy sectors poised to benefit from India-US trade deal

After the US imposed 50 per cent tariffs, Prime Minister Narendra Modi said India would "never compromise" on the interests of farmers, livestock rearers and fishermen

The Union Budget proposes a one-time measure allowing eligible SEZ manufacturing units to sell a portion of their output in the domestic market at concessional duty to offset US tariff shocks

The US president criticised judges blocking his tariff regime and said he would find other ways to impose duties if the court rules against him

Fears of renewed trade war escalated after Trump said he would impose additional 10% levies from February 1 on goods imported from European nations if no deal on Greenland was reached