The 25 per cent figure would single out India more severely than other major trading partners, and threaten to unravel months of talks between the two countries
Trump's 25% tariff may strain India's electronics manufacturing in the short term; experts urge value chain shift, export diversification, and AI in IT delivery
Move comes after two nations fail to seal interim trade deal; govt says will take steps necessary to secure national interest
Following Trump's announcement the Nifty derivatives contracts traded at the Gujarat International Finance Tec-City (GIFT City) shed over half a per cent
With the US imposing 25% tariffs on Indian goods, the shrimp industry faces a major setback, while the UK trade deal offers little immediate relief
The commerce ministry said the Indian government remains committed to a fair trade deal and will take all necessary steps to protect national interests
The move comes even as the two countries continue negotiations on a trade agreement that has been in the works for several months
The tariff kicks in August 1 and threatens key Indian exports like smartphones, pharma and shrimp ahead of trade talks set for August 25 in New Delhi
Congress criticises PM Modi after Trump imposes 25% tariff on Indian imports, saying the 'Howdy Modi' friendship has brought no real benefits
US President Donald Trump described India's trade policies as the 'most strenuous and obnoxious non-monetary trade barriers of any country'
India is pushing ahead with trade deal talks with the US despite looming Trump-era tariff threats, focusing on long-term economic alignment beyond short-term disruption
As India and the US race to finalise a trade deal by August 1, Trump warned that tariffs on Indian exports could go up to 25%. However, he added that no final decision had been made
Trump said on Monday most partners that do not negotiate separate trade deals would soon face tariffs of 15 per cent to 20 per cent on their exports to the United States
India has been a good friend, but India has charged basically more tariffs than almost any other country, said Donald Trump
USTR Greer indicates negotiations with India may spill beyond the Aug 1 deadline
EAM S Jaishankar defends Operation Sindoor and highlights India's diplomatic wins against Pakistan-backed terror groups and China's influence in Parliament
Under the trade deal negotiations, market access for agricultural products has been one of the key demands from the US
The Congress on Saturday alleged that Prime Minister Narendra Modi's "much boasted friendship" with US President Donald Trump is now proving to be "hollow" and cited several overtures the latter recently made to Pakistan. In a post on X, Congress general secretary, communications, Jairam Ramesh also alleged that Indian diplomacy was failing in the light of the US partnering with Pakistan. "The abject failure of Indian diplomacy, especially in the past two months, is revealed most tellingly by four facts. These expose the tall claims made by the Prime Minister and his drum-beaters and cheerleaders," he said in his post. Ramesh said that since May 10, 2025, Trump has claimed 25 times that "he personally intervened to stop Operation Sindoor, threatening India and Pakistan that if they didn't bring the war to a halt, they would not have a trade agreement with the USA." On June 10, 2025, he claimed, Gen Michael Kurilla, the head of the US Central Command, hailed Pakistan as a phenomenal
Open access to US and EU markets will make India a highly attractive destination for global investors, says Finance Commission Chairman Panagariya
Trump threatened a 26 per cent tariff on Indian imports in April but paused implementation to allow for talks