The US's move has raised concerns about India's export outlook, as the US is one of the country's largest export destinations. The fresh round of tariffs has sparked fears that Indian products will become more expensive in the US market, making them less competitive compared to goods from ot
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.
United States Treasury Secretary Scott Bessent has blamed India for "slow-rolling things" in the talks for a Free Trade Agreement and said "the whole trade team has been frustrated with them".
The government told the Parliament on Thursday that US President Donald Trump has announced a reciprocal tariff on Indian goods, and it is examining the impact of the recent events and will take all necessary steps to safeguard national interest.
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
Congress MP Priyanka Gandhi Vadra on Thursday criticised the Centre over US President Donald Trump's remarks on tariffs and claims of averting a war between India and Pakistan, saying the Prime Minister's global outreach has led to outcomes that raise serious concerns for the country.
"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
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.
"Prime Minister Modi once spoke of the TOP (Tomato, Onion, Potato) challenge in prices. Now India has to contend with the political challenge arising out of CAP (China, America, Pakistan). He invested very heavily in his personal friendship with President Trump, as he had done earlier with P
Reacting to US President Donald Trump's announcement of a 25 per cent tariff on Indian goods, Bharatiya Janata Party (BJP) leader and Member of Parliament Sanjay Jaiswal drew a parallel with the sanctions imposed by the United States following India's 1998 nuclear tests under then Prime M
The 25 per cent tariff and additional penalties imposed by US President Donald Trump on India should be viewed as a temporary negotiating tool rather than a permanent shift in trade relations, according to Gaurav Sansanwal, Fellow for the Chair on India and Emerging Asia Economics at the