With the US administration under President Donald Trump imposing 25 per cent tariffs on Indian goods plus an unspecified 'penalty', India's textile and garment sector is likely to face stiff competition from Bangladesh and Vietnam, who have been hit with comparatively lower tariffs, Ajay Sr
Experts from across Indian industries have expressed confidence in the resilience of the Indian economy amid the US President Donald Trump's decision to impose a 25 per cent tariff on Indian goods, describing the move as impactful in the short term but unlikely to dent India's long-term econ
Bharatiya Janata Party MP Damodar Agarwal on Friday backed Union Commerce Minister's statement in Parliament after US President Donald Trump announced 25 per cent tariffs on India.
The executive order signed by President Donald Trump on Thursday has imposed flat 25 per cent tariff on all goods from India, with no product-level exemptions, according to a report by the Global Trade Research Initiative (GTRI).
Indian stock markets continued to remain under pressure on Friday morning as US President Donald Trump signed an executive order imposing 25 per cent tariffs on India's exports to the US, effective from August 7.
AAP Rajya Sabha MP Sanjay Singh moved a Suspension of Business notice in the Upper House on Friday and demanded a discussion on the 25 per cent tariffs imposed by the United States.
American diplomat and the President of the US-India Business Council, Atul Keshap, spoke on the decision by the United States to impose 25 per cent tariffs on India and said that the two countries should calmly forge a deal which benefits them both.
The recently signed Free Trade Agreement (FTA) between India and the United Kingdom is expected to help India manage the impact of 25 per cent tariff announced by the United States President Donald Trump, noted Economist Dipanwita Mazumdar.
Janata Dal United MP Sanjay Kumar Jha on Thursday said that Indian government and Prime Minister Narendra Modi are capable of finding solutions to the 25 per cent tariffs announced by US President Donald Trump on country's exports.
"Trump is not a conventional politician. Normal protocols of diplomacy and normal rules of intergovernmental relationships don't work. He is very unorthodox. We should just let him be as it is... We should not panic immediately. These are all opening positions in a negotiation. I hope the
Earlier in the day, Congress MP Shashi Tharoor noted the impact of the 25 per cent tariff announced by US President Donald Trump on the Indian economy and termed the matter very "serious", which will "destroy" India's trade with America.
Congress MP Gaurav Gogoi on Thursday called the announcement by US President Donald Trump of 25 per cent tariffs on India very "unfortunate" and called more "tragic" the dialogue between President Trump and the government of Pakistan.