Israeli Finance Minister Bezalel Smotrich said both Israel and India are negotiating with the US on tariffs. Speaking in Delhi, he expressed confidence that differences will be resolved, citing strong ties, common values, and economic interests shared by the three nations.
The increase in tariff rates by 50 per cent over the baseline, effective from August 27, 2025, is expected to hurt the competitiveness of Indian apparel exporters.
In a statement issued in Frankfurt, Burfat said sanctions and tariffs, increasingly used by powerful states to exert pressure, highlight the erosion of humanitarian and principled politics in today's world.
The outlook for the Indian apparel export industry has been revised to Negative from Stable by rating agency ICRA, following the upward revision in tariff rates by the US.
Speaking on Sunday (local time) after Russia launched its biggest missile and drone attack yet on Ukraine, the US President said he was not happy about "the whole situation."
Ukrainian President Volodymyr Zelenskyy has backed the imposition of tariffs on countries maintaining economic ties with Russia, saying it is the "right idea" in the face of continued aggression by Moscow.
US President Donald Trump announced on Sunday that he is ready to impose additional sanctions on Russia in response to the ongoing conflict in Ukraine.
Days after US President Donald Trump softened his stand on India-US ties, calling it a "very special relationship", former Indian diplomat KP Fabian on Sunday stated that the US President is beginning to realise that his aggressive trade tactics with India, particularly the threat of an add
Earlier today, PM Modi responded warmly to US President Donald Trump's affirmation of the India-US ties, saying he "deeply appreciates and fully reciprocates" the US President's sentiments and positive assessment of the bilateral relations.
Rejecting the notion that India must align itself with competing global blocs, Ashraf said, "Indians and India need to get out of this mindset that either we have to be in one camp or we have to be in another camp. We are not a small, weak country that needs these crutches in our external re
In the wake of the United States imposing 50 per cent import tariff on Indian goods, Samajwadi Party chief Akhilesh Yadav said that steps should be taken to improve ties with the United States, as wealth is created there, India has huge trade with US and 8 lakh students go to study abroad