Trading partners of the US, particularly those emerging market economies where the tariff rates faced by US exporters exceed those charged on US imports, are at risk due to the Trump administration's impending reciprocity plans, Fitch Ratings said in a report.
"I want to say there is friendship between PM Modi and Trump. Trump has said in a presser that he considers Modi a close friend. They welcomed PM Modi in Washington. India and the USA are not in competition but can join hands to give new directions to the world. After all, the strengths we
US tariff uncertainties are likely to push gold prices to Rs 87,000- Rs 90,000 in the first half of the calendar year 2025 (January- June), according to a report by ICICI Bank Global Markets.
Ray Vickery, former United States Assistant Secretary of Commerce for Trade Development on Saturday said that India can not be accused as the tariff abuser, adding that Prime Minister Modi and his administration will continue to manage the delicate trade relationship with the US.
"They discussed ongoing efforts to reduce barriers to achieve a fair and balanced bilateral trade relationship, strengthen collaboration in defense and technology, and boost security and prosperity throughout the Indo-Pacific region," US Department of State's spokesperson, Tammy Bruce sai
India could see a loss of around USD 6 billion, or 0.16 per cent of its GDP, in exports to the US if broad tariffs of 10 per cent are enacted, Emkay Global, a research & investment firm, said in a latest report.
While responding to questions during an Interaction with reporters at the swearing-in ceremony of the US attorney for New Jersey, Alina Habba, Trump lauded PM Modi's leadership qualities, describing him as a "great Prime Minister."
Speaking to reporters at the swearing-in ceremony of the US attorney for New Jersey Alina Habba, Trump lauded PM Modi's leadership qualities, describing him as a "great prime minister."
Higlighting a positive outlook for the India-US tariff talks, President Donald Trump said 'tariffs are going to work out well between New Delhi and the Washington, DC,' expecting a favorable outcome.
US President Donald Trump on Friday (local time) expressed optimism about the ongoing India-US tariff talks and praised Prime Minister Narendra Modi's leadership, referring to him as a "very smart man" and a "great friend."
India's direct export loss due to tariffs imposed by US President Donald Trump is expected to remain limited at only 0.1 per cent of the country's GDP, according to a report by CareEdge Ratings.
In a dramatic shift in Canada's foreign policy, Prime Minister Mark Carney on Thursday declared that the long-standing economic and security relationship between Canada and the United States has ended, responding to US President Donald Trump's announcement of new auto tariffs that could seve