Page 8 - India Trade Policy

India looks to offer US tariff cuts on farm imports, eyes trade success

Unlike China, Canada and the EU, India is actively seeking to appease the Trump administration and is open to cutting tariffs on over half of US imports worth $23 billion

Trump's threat to pull the trigger may jolt India's complacent elite

India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now

Brokerages analyse US tariffs impact on economies, sectors and markets

Analysts at Barclays, meanwhile, estimate that nearly $22 billion worth of India's exports (30 per cent of exports to the US and 5 per cent of total goods exports) are most at risk

India seeks to ease tariffs, woo Trump with early trade deal talks

New Delhi has promised to step up energy purchases from the United States to $25 billion in the near future from $15 billion last year

'Huge opportunity': Japan delegation meets PM Modi, keen to invest in India

The meeting was marked by optimism and enthusiasm, with the Japanese business leaders expressing their eagerness to invest in India and forge stronger ties

Indian industry seeks shield from US tariff, pushes for trade pact

The US administration has said it will impose reciprocal tariffs from April 2 to match the tariff and non-tariff barriers on imports from America

India's exports to grow despite global uncertainties over tariffs: DGFT

India's exports are bound to grow in the coming years despite uncertainties over global trade and tariff, a senior government official said on Wednesday. Director General of Foreign Trade Santosh Kumar Sarangi said that exporters should tread the path pragmatically and wisely to navigate the current global trade contours. He also said that the current scenario presents a "golden" opportunity for India to do a variety of things which will propel exports and increase manufacturing competitiveness. Despite the "uncertainties relating to trade and tariff, our exports are bound to grow in future years," he said at the Sourcex India 2025 show. It was organised by the Federation of Indian Export Organisations (FIEO). US President Donald Trump has imposed reciprocal tariffs or import duties on countries like China and has pledged to impose these levies on India also on April 2. Certain exporters have raised concerns that imposition of duties by the US on sectors like engineering and pharm

India eyes tariff cut on $23 bn of US imports, to shield $66 bn in exports

Under the deal, India is open to reducing tariffs on 55 per cent of US goods it imports that are now subject to tariffs ranging from 5 per cent to 30 per cent

Senior US trade official Lynch on 5-day visit to India from March 25

Brendan Lynch, the assistant US trade representative for South and Central Asia will pay a five-day visit to India beginning Tuesday to discuss issues relating to trade and tariff between the two countries. Lynch's visit comes days ahead of coming into force of reciprocal tariffs announced by US President Donald Trump. The senior US trade official is expected to hold talks with Commerce Minister Piyush Goyal besides meeting a number of senior Indian officials, it is learnt. The two sides are also expected to hold negotiations to firm a framework for a bilateral trade pact that would address issues relating to levies and market access. "Assistant US Trade Representative for South and Central Asia Brendan Lynch, along with a team of US government officials, will be in India from March 25-29 for meetings with Indian interlocutors as part of ongoing bilateral trade discussions," a US official said. "This visit reflects the United States' continued commitment to advancing a productive

US firms join Donald Trump's tariff salvo on India, appeal to USTR

Appeal to USTR before reciprocal tariffs kick in from April 2

Datanomics: More Chinese market access may help counter Trump tariff impact

While India can look for innovative ideas to balance it out, one of the options available may be to persuade China to give it more market access

India, New Zealand explore digital payments, trade, and investment ties

Prime Minister Narendra Modi, Kiwi PM promise to quickly designate representatives for trade talks

India, China saw strong trade growth in Q4 2024 amid risks: UN report

Developing nations, particularly India and China, saw better than average trade expansion in the fourth quarter of 2024, a UN report has said but warned of a potential for an economic slowdown globally in the upcoming quarters. The latest Global Trade Update by UN Trade and Development (UNCTAD), covering data through early March, said that global trade expanded by nearly USD 1.2 trillion in 2024, reaching USD 33 trilliona result of a 9 per cent rise in services trade and a 2 per cent increase in goods trade. Developing nations, particularly China and India, saw better than average trade expansion, while many developed nations experienced trade contractions, it said. It said that China and India saw stronger trade momentum in Q4 2024 while the US remained a key driver. Merchandise trade showed mixed trends among major economies in Q4 2024. China and India trade continued to increase, particularly in exports. Conversely, export growth in South Korea decelerated, although it remaine

'Somebody is finally exposing them': Trump attacks India's tariffs regime

This development comes as the US prepares to introduce reciprocal tariffs on countries that impose high levies on American goods

US pushes India for a macro trade deal, not tariff tinkering: Lutnick

US commerce secy says agri can't be off the table for talks

Another trade hurdle: How quality control orders are hurting India

The tacit reason for QCOs is to prevent substandard goods from China that many worry are flooding Indian markets

Reciprocal tariffs: India, Thailand most impacted in Asia, says Nomura

On Wednesday, US president Donald Trump reiterated his stance to impose reciprocal tariffs on counties, including India from April 02, 2025, during his address to the Congress

US President Donald Trump and trade policy: What should India do?

The country should convert the Trump threat to an India opportunity, re-embracing a more liberal trade regime as a way of reviving manufacturing output and exports

Can MAGA and MIGA co-exist? India-US trade tariff talks may hold the key

While a trade deal between India and US looks natural, given differences in economic structure, India will need to improve quality of its exports failing which US will simply turn to other producers

India-US ties: First tranche of trade deal to be negotiated over 7-8 months

Experts upbeat as this comes after Trump's comments on India being the 'biggest tariff abuser'