The additional 25 per cent tariff imposed by US President Donald Trump on India for its purchases of Russian oil came into effect Wednesday, bringing the total amount of levies imposed on New Delhi to 50 per cent. The Department of Homeland Security (DHS), in a draft order published on Monday, said the increased levies would hit Indian products that are entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 am eastern daylight time on August 27, 2025. Trump had announced reciprocal tariffs of 25 per cent on India that came into effect on August 7, when tariffs on about 70 other nations also kicked-in. On August 7, the US president announced doubling tariffs on Indian goods to 50 per cent for India's purchases of Russian crude oil, but gave a 21-day window to negotiate an agreement. On Monday, Prime Minister Narendra Modi asserted he can't compromise on the interests of farmers, cattle-rearers, small-scale industries, cautioning "pressure on us may .
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The new duties will apply from 12:01 am EDT on Wednesday (9:31 am IST), it showed. Exceptions are shipments in transit, humanitarian aid, and items under reciprocal trade programmes
The Trump administration has issued a 50% tariff notice to India over Russian oil imports, tying it to a broader diplomatic push for ending the war in Ukraine
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Indian envoy Vinay Mohan Kwatra discussed fair, balanced and mutually beneficial trade ties with US lawmakers amid ongoing tariff tensions between New Delhi and Washington. The Indian Ambassador has met four US lawmakers in the last 24 hours and 23 since August 9, as revealed by his social media posts. Kwatra met Congressman Rep Joe Courtney, Ranking Member of the Subcommittee on Seapower and Projection Forces, on Saturday (local time) and thanked him for supporting the bilateral partnership between the two countries. Highlighted our perspectives on trade and economic cooperation, including the need for fair, balanced and mutually beneficial trade ties, Kwatra posted on social media. He also had a productive discussion with Congressman Gabe Amo, Vice Ranking Member of the House Foreign Affairs Committee Democrats. He appreciated Amo's support for the bilateral ties and shared perspectives on the importance of fair, balanced and mutually beneficial trade engagements, said his soc
The halt in India-US postal services may disrupt dispatch of medicines, gifts and personal parcels, pushing families toward costly private couriers
India Saturday forcefully rejected Washington's criticism that it is running a "profiteering scheme" by buying discounted Russian crude oil with External Affairs Minister S Jaishankar asserting that New Delhi's procurement has been in national and global interest. Jaishankar emphatically said that India will continue to take decisions on the matter independently and suggested that the previous US administration was supportive of New Delhi's procurement of Russian energy as it stabilises the oil market. "It's funny to have people who work for a pro-business American administration accusing other people of doing business," Jaishankar said. "That's really curious. If you have a problem buying oil or refined products from India, don't buy it. Nobody forces you to buy it. But Europe buys, America buys, so you don't like it, don't buy it," he said. His comments at the Economic Times World Leaders Forum came when asked about US officials criticising India on its energy ties with ...
India's seafood industry can explore alternative markets to cushion the impact of higher US tariffs on a range of Indian goods, D V Swamy, chairman of the Marine Products Export Development Authority (MPEDA), said on Saturday. Swamy noted that the country's marine products sector has repeatedly shown resilience in the face of crises. He said the Centre has identified Russia, the UK, the European Union, Norway, Switzerland, the Middle East and South Korea as new focus markets for seafood exports. Let's not call it an obstacle; it's actually an opportunity. We learn from challenges and improve with each of them, Swamy said at a press conference on the eve of MPEDA's 53rd anniversary. The agency is an autonomous body under the Union Ministry of Commerce and Industry, mandated to promote India's seafood exports. The MPEDA chief said the sector has been adaptive throughout its five-decade history and stressed the need to diversify both markets and seafood varieties. Ecuador is one countr
With US tariffs squeezing exports and trade talks stalled, India banks on the UK FTA to push forward EU negotiations, covering autos, wines, procurement and digital trade
External Affairs Minister S Jaishankar criticised US tariffs on Indian goods, saying India will protect the interests of farmers and small producers while maintaining its national priorities
President Donald Trump has nominated his longtime aide Sergio Gor as the next US Ambassador to India. He will continue in his White House role until Senate confirmation
President Donald Trump has nominated his longtime aide Sergio Gor, who is currently the Director of the White House Presidential Personnel Office, as the next US Ambassador to India. In a social media post on Friday, Trump said Gor, 38, is a "great friend, who has been at my side for many years". "I am pleased to announce that I am promoting Sergio Gor to be our next United States Ambassador to the Republic of India," he said. He would also serve as a special envoy for South and Central Asian affairs, Trump said. The announcement comes amid tariff tensions between Washington and New Delhi. Trump said Gor and his team had overseen the hiring of nearly 4,000 officials across federal departments and agencies in record time, adding that over 95 per cent of positions were now filled. Gor will remain in his current role at the White House until his confirmation, he said. "Gor has worked on my historic presidential campaigns, published my best-selling books, and ran one of the biggest
Indian envoy Vinay Mohan Kwatra on Friday discussed mutually beneficial trade engagement and energy security with US lawmakers amid tariff tensions between Washington and New Delhi. The Indian ambassador met Senator Bill Hagerty and thanked him for consistent and strong support to the India-US partnership. Briefed him on continuing bilateral discussions for fair, balanced and mutually beneficial trade engagement, the Indian envoy posted on social media. He also shared perspectives on India's energy security and the growing trade between India and the US in hydrocarbons with Senator Hagerty. Kwatra also held a productive conversation with Congressman Greg Landsman and briefed him on developments in bilateral trade engagement. Briefed him on recent developments in bilateral trade engagement and energy security, and the growing hydrocarbon partnership between our countries, he posted on social media. Earlier, Kwatra met with Rep Josh Gottheimer, Ranking Member of the National Securi
White House trade adviser Navarro also said that New Delhi is acting as a "laundromat for the Kremlin" by purchasing discounted Russian crude oil, refining it, and selling the products
Chinese foreign minister Wang Yi recently interacted with his Indian counterpart S. Jaishankar to bolster the Indo-China bonhomie, in the wake of the recent turbulence in the India-US relations
India's External Affairs Minister S Jaishankar said that the US itself had encouraged India to stabilise the world energy market by continuing to buy crude oil from Russia