Page 2 - Us Tariffs

India at risk of 100% US tariff for purchases of Russian crude oil

A revised bipartisan US Senate bill proposes a 100 per cent tariff on imports from the five largest buyers of Russian oil and gas, including India, while allowing presidential waivers

India expects relief in US Section 301 tariff after forced labour curbs

India expects lower US tariffs after aligning forced labour import rules with global standards amid ongoing Section 301 trade investigations

US cuts India tariff threat from 500% to 100% under Russia sanctions bill

The revised US Senate bill cuts tariffs on buyers of Russian oil-India, China, Slovakia, Hungary and Azerbaijan-from 500% to 100%, while expanding sanctions on Russia

India prohibits import of goods produced using forced labour amid US probe

India has prohibited imports of goods made using forced labour, issuing its first such notification as the US considers tariffs under a Section 301 investigation

India asks US to review proposed 12.5% tariff under Section 301 rules

New Delhi says USTR has not made an economy-specific case against India; offers dialogue to address specific concerns

India and the pitfalls of geoeconomics: A clear security doctrine is needed

A clear security doctrine is needed to ensure economic tools do not harm both the user and the target

India to oppose proposed US tariffs over forced labour at USTR hearing

India is set to challenge the proposed US tariffs on exports with the US Trade Representative next week, contending that the findings on forced labour are legally flawed and would affect American businesses and consumers. Representatives from the commerce ministry as well as industry bodies, such as APEDA, FICCI, CII and ACMA, are scheduled to present India's counter to the USTR proposal to impose tariffs at a public hearing on July 8. India has already, in written submissions, said that the USTR's findings do not take into account the country's robust domestic legal regime reflecting a structured and progressive approach combining statutory prohibitions, institutional mechanisms, and ongoing policy measures aimed at reducing vulnerability to forced labour. In its counter to the proposed tariffs, the Confederation of Indian Industry (CII) has said India's policy framework does not qualify as 'unreasonable' or 'discriminatory' under Section 301(b) of the Trade Act of 1974. The CII al

Trump threatens 100% tariff on countries imposing digital services tax

The US president said any country levying a digital services tax on American companies would face sweeping tariffs, escalating tensions with Europe despite progress on a broader trade deal

No US trade deal until India gets competitive edge, says Piyush Goyal

Commerce minister says agreement hinges on Washington providing tariff advantage against rival economies

India, US begin trade talks as two nations rework deal amid tariff changes

India and the United States opened high-level trade talks on Tuesday aimed at salvaging and recalibrating a proposed bilateral trade agreement after changes in US tariff policy upended a framework negotiated earlier this year. Commerce and Industry Minister Piyush Goyal met US Trade Representative Jamieson Greer here as both sides sought to conclude an interim trade pact before July 24, when Washington's temporary 10 per cent tariff on imports from trading partners is due to expire. "Warm welcome to @USTradeRep Amb Jamieson Greer, @USAmbIndia Amb Sergio Gor and their delegation to @DoC_GoI. Looking forward to productive discussions on the bilateral trade agreement between (India & US)," Commerce and Industry Minister Piyush Goyal said in a post on X. Greer's two-day visit comes days after Prime Minister Narendra Modi and US President Donald Trump held their first meeting in more than a year on the sidelines of the G7 summit in France on June 17, injecting fresh momentum into trade

July 24 deadline not my worry, says Piyush Goyal ahead of Greer visit

Commerce Minister Piyush Goyal says India does not negotiate trade agreements under deadlines as USTR Jamieson Greer arrives for talks on the interim trade deal

Terms of trade: Negotiations with US must adapt to new realities

India should secure a trade deal with the US that preserves its export competitiveness amid uncertainty over Washington's evolving tariff regime

India pushing for preferential market access in US trade deal: Piyush Goyal

Commerce Minister Piyush Goyal said negotiations on the US trade deal are taking longer than expected due to a 50% tariff on Indian goods, while India continues to seek preferential market access

Decoded: What is 'sunset clause', why India may seek one in US trade deal?

Why is India considering a sunset clause in its proposed US trade deal? Here's what the provision means and how it could help New Delhi navigate tariff uncertainty

Trump rebuilds US tariff wall, reshaping global trade winners and losers

US Trade Representative Jamieson Greer's trip to India this week may provide a preview of what countries with deals should expect

India seeks US tariff edge over rival nations before enacting trade pact

The issue currently pending is that our duties need to be lower compared to those of competing nations, said Piyush Goyal

More US tariffs: USTR proposes 12.5% additional duties on India and 53 other countries

The US has proposed new tariffs on India and 53 other economies over concerns related to forced labour-linked imports. Could this impact the ongoing India-US trade talks?

US appeals court allows Trump's 10% global tariff to stay in force for now

The US government can continue collecting the 10% worldwide tariff it imposed in February while legal challenges to the levies continue to work their way through the courts, a federal court ruled Thursday. The Court of Appeals for the Federal Circuit in Washington decision handed a procedural win to the Trump administration, concluding that its case was "likely to succeed on the merits.'' At issue are temporary 10% worldwide tariffs President Donald Trump imposed after the Supreme Court in February struck down even broader double-digit tariffs the president had imposed last year on almost every country on Earth. The new tariffs, invoked under Section 122 of the Trade Act of 1974, are set to expire July 24. Section 122, which had never been used to justify import taxes before, allows the president to impose worldwide tariffs of up to 15% for 150 days, after which congressional approval is needed to extend them. Section 122 is aimed at what it calls "fundamental international payment

India to operationalise US trade deal only if tariff edge is secured

New Delhi wants a clear tariff advantage over competing economies and assurances against future Section 301 actions before implementing a trade agreement with Washington

Trump's trade chief says new tariffs can fit within existing deals

The EU and US agreed to a free-trade deal in July that would see the bloc erase levies on US industrial goods in exchange for a 15 per cent tariff ceiling on its exports