The United States would maintain a tariff rate of 19% on exports from all three countries under the deals, with the levy to be reduced to zero for some goods
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The Trump administration has told the US 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 in the country. Trump has imposed 25 per cent reciprocal tariffs on India and an additional 25 per cent levies for Delhi's purchases of Russian oil, bringing the total duties imposed on India to 50 per cent, with effect from August 27. In a 251-page appeal to the Supreme Court, submitted Wednesday, the Trump administration said that the President recently authorised IEEPA (International Emergency Economic Powers Act) tariffs against India for purchasing Russian energy products, to deal with a preexisting national emergency regarding Russia's war in Ukraine, as a crucial aspect of his push for peace in that war-torn country. The appeal further states that the stakes in this case could not be higher. The President an
It is unbelievable that India's refusal to acknowledge the role of the US in ending 'Operation Sindoor' should lead to such harsh measures
Wood has removed the investment in Aditya Birla Real Estate in his India long-only equity portfolio and replaced it with an investment in Mahindra & Mahindra (M&M)
Data from the Annual Survey of Industries (ASI) show that these sectors together employed around 21 million workers directly and via contractors in 2023, Nomura said
Trump has long railed against EU tech and antitrust regulation over US tech giants including Alphabet Inc.'s Google, Apple Inc. and Meta Platforms Inc
Our own negotiations have so far come to nought. We face amongst the highest tariffs of any country. Mr Trump has supplemented his tariffs with claims and threats
India and the US have held five rounds of trade negotiations, with the sixth round scheduled later this month in India
Business and startup leaders urge reduced US dependence as Trump's tariff hike on Indian exports threatens $80 billion in trade and hits tech and FMCG sectors
Shortly after Nvidia CEO met Trump and agreed to a 15% cut, the US Commerce Department began issuing licences for AI chip sales to China
From an investment and trading perspective, it's clear there is no upside to tariffs for either nation
Economists expect India's FY26 GDP to face a 35-60 bps hit from US tariff hike; strong domestic demand may cushion the blow but targeted support may be needed
Benchmarks rebound from sharp fall as domestic investors pour in ₹10,864 crore
With Trump's tariff hike targeting Indian exports, New Delhi may await US domestic shifts, engage BRICS leaders, and explore alternative markets before retaliating
If effective, the steep 50 per cent tariff would be similar to a trade embargo, and will lead to sharp fall in affected export products, especially ones with thinner margins
Labeling the tariff hike "unfair, unjustified, and unreasonable," India said it is being penalised for decisions also made by several other countries in their own national interest
What began in March 2025 as a push for reciprocal tariffs evolved into a months-long diplomatic tightrope, culminating in tariff actions and sharp remarks
US shares rallied on Monday on generally positive earnings reports and increasing bets for a September rate cut from the Fed after disappointing jobs data on Friday
Today's articles look at India's options while dealing with the vagaries of Donald Trump's tariff impositions, a look at a potential new VP for India, and the desire for older, great brand campaigns