Page 17 - Us India Relations

US wooed India for 30 years, Trump upended ties within few months

The United States is India's largest trading partner, and the tariffs are expected to devastate businesses across a range of sectors, causing factory closings, job losses and slower growth

Brahmins profiteering off Indians: Trump adviser Navarro justifies tariffs

White House trade adviser Peter Navarro alleged Indian refiners profit from Russian crude, calling India a 'laundromat for the Kremlin'

US tariffs: A wakeup call to improve India's trade competitiveness

It is unbelievable that India's refusal to acknowledge the role of the US in ending 'Operation Sindoor' should lead to such harsh measures

Stocks of domestic-facing firms lag despite tariff-related hedge calls

In August so far, gauges of FMCG stocks, realty, private and public sector banks have given muted returns, indicating mixed participation

Trump's Nobel ego trip and 50% tariff penalty: What hurt US-India ties?

A testy Trump-Modi phone call over Pakistan ceasefire and Nobel claim may have strained India-US relations, according to a report by the New York Times

US criticism of India over Ukraine 'deeply troubling', says Jewish group

American Jewish Committee defends India over Russian oil purchases, urging Washington to reset ties after Trump's tariffs and Peter Navarro's "Modi's war" remarks

Trump's 50% tariffs on India risk straining bilateral ties beyond trade

India may resent Trump's tariffs, but with careful diplomacy they could be seen as temporary steps to rebalance ties while reforms and openness progress at India's own pace

US to proceed with probe of solar imports from India, Laos and Indonesia

Imports from India, Indonesia, and Laos surged to $1.6 billion last year, up from $289 million in 2022, according to the group

India holds informal talks with US, rules out retaliation for now

While talks on a bilateral trade deal have been postponed, the two countries continue to communicate on critical issues, including defense and foreign policy

India boosts US oil purchases on competitive prices, narrows trade deficit

The country's top refiner, Indian Oil Corp, has bought 5 million barrels of US West Texas Intermediate crude for delivery in October and November via a tender

Tariff fix key to India-US trade deal negotiations, govt remains hopeful

Multi-pronged strategy in the works to help exporters

Centre planning support measures for exporters amid tariff shock: Official

The government is likely to include steps such as the rollout of an export promotion mission worth Rs 25,000 crore over six years, and a moratorium on export loans

'If India doesn't budge, neither will Trump,' says US economic advisor

US economic advisor Kevin Hassett said India-US trade talks remain "complicated", linking them to US pressure on Russia for peace and India's reluctance to open its markets to American goods

US tariffs may cut India growth by 0.5%: Ex-commerce secretary G K Pillai

A steep 50 per cent tariff imposed by the US on shipments from India would have a very small impact on India's economic growth of about 50 basis points if exporters are unable to find alternative markets, former Commerce and Home Secretary G K Pillai said on Thursday. Terming the steep tariff imposed on India as discriminatory, he said others like China and many European nations also import energy from Russia, but the US has not imposed a penalty against them. "Impact of the US tariffs on India would be very small, say about 0.5 per cent, but it is going to affect labour-intensive sectors like textiles, gems and jewellery, seafood exports, chemicals, and so on," he said at an event here. "At least for 3-6 months, the profitability of Indian companies will come down. Some companies will be forced to lay off workers but I am sure that the government will take steps to see that this is mitigated," he said. The government needs to take some steps to help exporters and industries to tid

Stock market closing highlights: Tariff worries drag Sensex 706 pts; Nifty 24,501; FMCG, IT slide

Sensex Today | Stock market closing highlights: In the broader markets, Nifty MidCap 100 and SmallCap 100 closed 1.27 per cent and 1.45 per cent lower, respectively

Trump slammed for 50% tariff on India while sparing China over Russian oil

Democrats say Trump's new tariff on India is unfair and politically motivated, accusing him of letting China off the hook despite being the top buyer of Russian crude oil

'Not worried about rupee becoming a reserve currency': US Secy Bessent

As Trump tariffs hit India's trade, US Treasury Secretary Scott Bessent shot down talk of the rupee gaining 'reserve' status, citing its weakness versus the dollar

Wide ranging, creative policy reforms needed to counter US trade shock

Wide ranging policy reforms are needed to counter American trade shock

Navarro calls Ukraine conflict 'Modi's war', links tariffs to Russian oil

White House adviser Peter Navarro blamed India for fuelling Russia's war, saying it could get 25% tariff relief if it halts discounted crude imports from Moscow

Communication channels open, says govt as 50% US trade tariff kicks in

In the meantime, describing the India-US relationship as "very complicated", US Treasury Secretary Scott Bessent, in a television interview, hoped that "at the end of the day, we will come together"