Search For "reciprocal tariff"
Goldman Sachs upgrades India's CY26 GDP growth to 6.9% after US cuts tarif
Updated : 1 month, 1 week ago IST
In its report titled "India: US-India conclude trade deal: President Trump lowers 'reciprocal' tariffs on India to 18%", Goldman Sachs noted that President Trump announced on social media a reduction in the reciprocal tariffs on Indian goods imports to 18% down from the earlier 25%, 'effecti
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Union Budget 2026 prepared keeping the next 25 years in mind, says PM Modi
Updated : 1 month, 1 week ago IST
Prime Minister Narendra Modi on Tuesday addressed the NDA MPs at the NDA Parliamentary Party Meeting, saying that the Union Budget 2026 has been prepared keeping the next 25 years in mind. He urged the MPs to explain this to the general public for their better understanding
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"PM Modi will not compromise with India's autonomy, self-respect and honou
Updated : 1 month, 1 week ago IST
Former MoS MEA MJ Akbar called the India-US trade deal the "first child" of the India-EU "mother of all trade deals." He praised PM Modi's cooperative nationalism for sidelining US tariff pressure, predicting stable, promising India-US ties ahead.
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"India is making a bold move to align economically with the West": Partner
Updated : 1 month, 1 week ago IST
Following President Donald Trump's announcement of a US-India trade deal cutting tariffs to 18%, Partner Asia Group Nisha Biswal Nisha Biswal highlighted deeper cooperation, while Prime Minister Narendra Modi welcomed the move amid India's expanding engagement with Western partners.
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Experts welcome India-US trade deal, say it restores momentum and deepens
Updated : 1 month, 1 week ago IST
Following the announcement of the India-US trade deal by US President Donald Trump, where Washington reduced the reciprocal tariff from 25 per cent to 18 per cent, experts welcomed the announcement, describing it as a significant step towards strengthening economic ties and restoring mome
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US Envoy Gor "thrilled" by Trump's claim of trade deal with India, says ti
Updated : 1 month, 1 week ago IST
US Ambassador to India Sergio Gor on Monday welcomed US President Donald Trump's claims regarding a trade deal with India, where Washington reduced the Reciprocal Tariff from 25 per cent to 18 per cent.
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"Delighted that Made in India products will now have a reduced tariff of 1
Updated : 1 month, 1 week ago IST
US President Donald Trump on Monday said he and Prime Minister Narendra Modi "have agreed to a Trade Deal" between the United States and India, whereby the United States will charge a reduced Reciprocal Tariff, lowering it from 25% to 18%.
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Trump hikes tariffs on South Korean autos, pharma to 25% over stalled trad
Updated : 1 month, 2 weeks ago IST
Announcing the move on Truth Social, Trump said, "Because the Korean Legislature hasn't enacted our Historic Trade Agreement, which is their prerogative, I am hereby increasing South Korean TARIFFS on Autos, Lumber, Pharma, and all other Reciprocal TARIFFS, from 15% to 25%." It remains un
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Tariffs batter India's exports to US; GTRI suggests rolling out Export Pro
Updated : 3 months, 2 weeks ago IST
India's exports to its largest export market, the United States, have suffered a sharp reversal under the impact of aggressive tariff hikes. Between May and October 2025, shipments fell 28.5 per cent, plunging from USD 8.83 billion to USD 6.31 billion, according to trade-focused think-tank G
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First tranche of US-India trade deal is near closure: Commerce Secretary
Updated : 3 months, 3 weeks ago IST
India remains engaged with the United States on the proposed Bilateral Trade Agreement (BTA), and the first tranche of the deal, focused on addressing reciprocal tariffs, is now "near closure", Commerce Secretary Rajesh Agrawal said on Monday while releasing the October trade data.
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"Trade talks with US have moved on quite well," says USISPF President
Updated : 3 months, 4 weeks ago IST
Aghi, in conversation with ANI, said that they were waiting for the President to take a call on the deal.
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India may gain slight edge as US exempts several agri products from recipr
Updated : 3 months, 4 weeks ago IST
India is expected to gain a small edge as the US administration has exempted agricultural products from the reciprocal tariffs it had imposed on several countries, said trade think tank GTRI.
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