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.
Congress MP Shashi Tharoor on Thursday 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.
The recent announcement by US President Donald Trump to impose a 25 per cent tariff on Indian imports will severely impact India's gem and jewellery industry, a major contributor to the country's export economy, highlighted the jewellery manufacturers and exporters in a conversation with ANI
"25 per cent tariff on India - 'India, Russia can take their dead economies down together,' says Trump. Narendra Modi, S Jaishankar, Kudos for a spectacular win! Apro Donaald Bhai zindabad," Moitra posted on X.
Former Union Home Minister and senior Congress leader P Chidambaram on Thursday took a veiled dig at Prime Minister Narendra Modi and said that the 25 per cent tariff on all Indian exports to the United States and penalty for buying Russian oil is a "big blow" to India's trade with the US
Amid the new 25 per cent tariff from the US, economists believe the Reserve Bank of India (RBI) is likely to keep the key interest rate unchanged at 5.5 per cent in its upcoming Monetary Policy Committee (MPC) meeting scheduled from August 5 to 7.
Indian stock markets opened sharply lower on Thursday, witnessing a major sell-off after US President Donald Trump announced a 25 per cent tariff on Indian goods, along with penalties on purchases of Russian crude and defence equipment.