Page 21 - Us Tariffs

US tariffs to have small, indirect impact on India: NITI member Virmani

The US reciprocal tariffs will have a small indirect effect on India given the domestic economy's low dependence on foreign trade, NITI Aayog member Arvind Virmani said on Friday. He further said that in the medium term, the negative factors emanating from the imposition of tariff would be minimised with the implementation of the first phase of the proposed USA-India Bilateral Trade Agreement. In the long term, the eminent economist said the final BTA with US will aim to enhance the potential gains during the next 5 to 10 years. The US has announced 26 per cent reciprocal tariffs on India saying New Delhi imposes high import duties on American goods. "This (26 per reciprocal tariffs) will have a small indirect effect on India given our low trade dependence," he said. Virmani explained that the reciprocal tariffs are calculated by a formula which includes US trade deficit with a country and imports from that country. He said every country is however feeling the effect of increased

Biocon, Cipla: Nifty Pharma down 6% as US eyes possible tariffs on sector

Adding to the worries of investors, US is looking for possible tariffs on the pharmaceutical goods

RSS economic wing calls for India 'dumping' WTO, TRIPS amid Trump's tariffs

The TRIPS Agreement is a WTO framework that sets minimum standards for the protection of intellectual property rights like patents, copyrights, and trademarks

RIL, ONGC, Oil India slips up to 7% as crude oil slips below $70/barrel

The weakness in the oil prices came after US President Donald Trump imposed 'reciprocal' tariffs' on trading partners. He also announced a 10 per cent tariff on all countries

Trump tariffs give India competitive edge in select sectors: Taher Badshah

At a granular level, with some sectors like pharmaceuticals kept out of purview for now, the overall impact on India is likely to be more indirect than direct

US tariffs: Manufacturing, retail growth for IT companies may take a hit

Could lead to slower decision making, less discretionary spending on new-age technology

Navigating US tariffs: Challenges and opportunities for Indian exporters

One of the most affected industries is gems and jewellery, which contributes significantly to India's export earnings

US reciprocal tariffs: India-China ties see signs of thaw amid uneasy times

While border issues remain, Trump's tariff war seen as influencing the neighbours' relationship

US tariffs not to have any material impact on India's PV exports: ICRA

The automobile sector is not covered in this order since it is already subject to Section 232 tariffs at 25 per cent

Trump's tariffs aim for wealth, but will US consumers foot higher bills?

New tariffs on cars, electronics, and essentials could drive up costs for Americans, raising concerns over whether Trump's economic strategy will burden consumers more than benefit them

Donald Trump’s new import tariffs: Which countries are hit hardest | Tariff war | Liberation day

US President Donald Trump, last night, announced major tariffs on imports. Trump has introduced a 10% tax on all imports coming into the US.

Explained: How will Trump’s 27% reciprocal tariffs impact India? | Liberation day | Tariff war

US President Donald Trump announced steep ‘reciprocal tariffs’ on nearly all countries, including India. What does this mean for India and the world? Watch the video to know more.

Trump's 'Liberation Day' countdown begins, world braces for tariffs impact

Trump has declared April 2 as 'Liberation Day', asserting that the tariffs will liberate the US from its dependence on foreign goods

Gold rises ₹10 to ₹92,850; silver up ₹100, trading at ₹1,05,100 today

The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹85,110

USTR flags hurdles for US med device exports to India before tariff move

Medtech manufacturers' groups expect negotiations may lead to fairer outcomes for both sides

USTR report turns up the heat on India on trade and tariff issues

Dubs India's 17% average import levy 'highest of any major world economy', before reciprocal tariff rollout

India Inc credit quality robust amid profit growth, low capital expenditure

Credit quality outlook positive amid global uncertainties

No quick fix for India to ramp up US energy imports amid tariff threat

The attrition in US energy flows to India comes even as the US announced a 25% tariff on automobile, and proposed to impose a reciprocal tariff on Indian products from April 2

US reciprocal tariffs: Implications for India's global trade partnerships

India is concerned specifically about the reciprocal tariffs the US has threatened to impose on April 2

Liberation day: How should Indian firms and policymakers respond?

Firms in India tend to be highly connected into the US economy through elite human networks