Former senior diplomat Mahesh Sachdev said US tariffs on Indian goods are a "serious setback but not exactly a disaster," warning textiles, gems, jewellery, and seafood exports will be hit hardest, while leather and footwear face limited impact.
While speaking to ANI regarding the implementation of a 50 per cent US tariff in India, he said, "The 50 per cent tariff that will be implemented in India will most affect those industries, which provide the highest employment opportunities in our country. It is unfortunate that after Pre
Former MoS MJ Akbar criticized the US 50% tariff on India, questioning why Germany and China face no similar measures. He said the tariffs will minimally affect India's trade, weaken the US, and noted India-China ties have strengthened, shifting global focus from Washington to the SCO summit
Following Washington's 50 per cent tariffs on Indian goods coming into effect earlier on Wednesday, US National Economic Council Director Kevin Hassett noted India's "intransigence" to open its markets to American products while describing the current India-US relationship as a "complicat
Rajasthan Minister Jogaram Patel expressed strong confidence in India's economic resilience in the wake of the 50% tariffs imposed by the United States on Indian exports, effective today.
Following Washington's 50 per cent tariffs on Indian goods coming into effect earlier on Wednesday, US Treasury Secretary Scott Bessent expressed optimism about resolving trade tensions with India, stating, "at the end of the day, we (India and the US) will come together."
The 50 per cent tariffs on Indian goods imposed by the Donald Trump administration came into force on Wednesday, following a notice by the US Customs and Border Protection (CBP). The move poses serious challenges for India's US-oriented exporters.
Minister of State for External Affairs Kirti Vardhan Singh denounced the United States' decision to impose a 50 per cent tariff on Indian imports on Wednesday, calling it "unjustified, unreasonable, and unfair."
Front-loading by major Asian economies ahead of the US reciprocal tariffs has significantly altered global export patterns, according to a Nomura report.
Jhalani informed that Rajasthan's handicraft market is worth Rs 9000 crores and being a labour-intensive sector, it provides direct and indirect employment to many people.
Jayesh Patel, a diamond manufacturer and trader, believed that every country has its own policy, and as the US is a large market, the diamond industry will face certain challenges. He further stated that if the tariffs continue in the future then they will find markets in other countries.
"This is an attack on our sovereignty. Their decision will not impact our country's economy and development. It would be beneficial if the US president refrained from such ideology, decisions and commentaries... We are capable enough. Whether it is 50% or 100%, it will make no difference..."