Search For "reciprocal tariffs"
"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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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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Trump lowers tariffs on coffee, tomatoes, more as Americans' anger over pr
Updated : 3 months, 4 weeks ago IST
President Donald Trump on Friday signed an executive order retroactively lowering tariffs on a range of agricultural imports, including beef, tomatoes, coffee and bananas, with the change taking effect from November 20
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India's textile export to UK under FTA may offset US losses: CareEdge Rati
Updated : 5 months, 1 week ago IST
The loss incurred due to the imposition of reciprocal tariffs on Indian textile exports to the United States (US) may be offset by a surge in exports to the United Kingdom (UK), buoyed by the recently concluded India-UK Free Trade Agreement (FTA), said CareEdge Ratings in a report.
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US Supreme Court to decide validity of Trump tariffs that remain in force
Updated : 5 months, 1 week ago IST
The Friday judgment by the US Court of Appeals for the Federal Circuit upholds an earlier ruling by the US Court of International Trade, dated May 28, that initially struck down the tariffs.
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Front-loading by Asian economies drives temporary export boom ahead of US
Updated : 6 months, 2 weeks ago IST
Front-loading by major Asian economies ahead of the US reciprocal tariffs has significantly altered global export patterns, according to a Nomura report.
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"Tariffs are obstacle to free trade"says deputy envoy of Germany
Updated : 6 months, 2 weeks ago IST
Georg Enzweiler, Deputy Head of Mission, German Embassy in India, said that Germany would always be in favour of reducing tariffs to the minimum levels, reacting to the reciprocal tariffs imposed by US President Donald Trump.
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India's 70% goods export exposed to Trump tariffs, ICRIER suggests negotia
Updated : 6 months, 4 weeks ago IST
Around 70 per cent of India's goods exports to the US, equivalent to USD 60.85 billion, are now exposed to the 50 per cent tariff imposed by the US administration, according to an analysis by ICRIER.
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