Minister of State for External Affairs Kirti Vardhan Singh has called the Trump administration's move to impose a 50 per cent tariff on Indian goods "wrong and unjustified".
US Senator Lindsey Graham on Thursday (local time) hinted that countries still buying russian oil will face consequences, saying that "India is experiencing the cost of supporting Putin".
The Confederation of Indian Textile Industry (CITI) praised the Indian government's decision to extend the exemption of import duty on cotton until December 31, 2025. "CITI would like to extend its deep gratitude to the Hon'ble Prime Minister, all other concerned authorities and different Mi
The Commerce Ministry on Thursday said the recent imposition of 50 per cent tariffs by the United States will have a short-term impact on India's exports, particularly in sectors such as textiles, chemicals, and machinery. However, it asserted that the long-term effect on overall trade an
Indian stock market tumbled on the second consecutive session, ending in the red territory on Thursday due to the additional 25 per cent import tariffs by the US on Indian imports, which came into effect a day earlier.
Communist Party of India (CPI) General Secretary D Raja on Thursday called the US's 50 per cent tariff on India a tariff war against a sovereign nation. He urged the Centre to pursue its own independent economic and foreign policies.
Aam Aadmi Party (AAP) Delhi President Saurabh Bhardwaj on Thursday criticised US President Donald Trump's decision to impose a 50% tariff on Indian goods.
Aam Aadmi Party convenor Arvind Kejriwal on Thursday suggested that India should impose a 100% tariff on American goods in response to the US's 50% tariff on Indian goods.
The AAP leader alleged that the Union Government has decided to remove the 11 per cent duty on the cotton coming from the US. Kejriwal mentioned that due to the 11 per cent duty on US cotton, the cotton of Indian farmers used to sell easily in the Indian market.
To give relief to the textile sector from the US tariffs, the Central Government on Thursday announced to extend the exemption of import duty on cotton till December 31, 2025. The move is aimed at ensuring adequate availability of cotton for the domestic textile industry, according to a M
Tamil Nadu Chief Minister MK Stalin on Thursday reiterated his demands to the Centre for immediate relief and structural reforms to safeguard industries and workers as US tariff hike to 50% has hit Tamil Nadu's exports hard, especially Tiruppur's textile hub.