Bessent told Politico that Indian refinery purchases of Russian oil have "collapsed" due to US tariffs, hinting that, while tariffs remain in place, a diplomatic "path" exists to remove them, provided India shifts its energy sourcing and asserted that these trade measures provide tangible
Former US National Security Advisor John Bolton on Tuesday described US President Donald Trump's recent threat of imposing additional tariffs on India as a "self-inflicted wound" that caused significant strain in India-US relations, noting that the move showed that the US President doesn'
On January 4, US President Donald Trump warned that Washington could raise tariffs on Indian imports if New Delhi does not stop purchasing Russian crude. The warning comes even as Indian exports to the US are already subject to a 50 per cent import tariff, half of which is directly linked to
Three members of the US House of Representatives on Friday (local time) introduced a resolution aimed at terminating President Donald Trump's national emergency declaration that imposed tariffs of up to 50 per cent on imports from India, calling the measures "illegal" and harmful to Ameri
US President Donald Trump said he may impose new tariffs on Indian rice and Canadian fertiliser to support American farmers. He criticised alleged dumping and suggested "very severe tariffs" if needed, as trade talks with both countries remain unresolved.
According to assessments by Crisil, ICICI Bank Research and Emkay Global, the merchandise deficit expanded as gold imports surged nearly 150% quarter-on-quarter, touching USD 19 billion in Q2, while goods exports declined on a sequential basis following the rollout of higher US tariffs on In
Despite United States imposing higher tariffs on India in August, the Indian economy gained momentum in the second quarter (July-September) of the current financial year, according to the Department of Economic Affairs' (DEA), finance ministry's monthly economic review.
However, India denies any agreement, emphasising its priority to safeguard consumer interests. The country's energy policy prioritises stable prices and secure supplies. Trump had imposed 50% tariffs on Indian goods, urging New Delhi to diversify energy sources.
"If Trump's ire is on the trade surpluses, it should actually be directed at China, not at India. India is a sideshow for all these, and it probably got activated due to personal egoistic reasons, on the Nobel Prize or the ceasefire. So we were in a very strange situation", the professor
South Asia analyst Michael Kugelman has sharply criticised US President Donald Trump's address at the 80th session of the United Nations General Assembly, describing it as "extremely undiplomatic" and reflective of the lack of progress in India-US relations, which has seen its fair share
He highlighted the surprising silence of the Indian-American diaspora on critical issues affecting India-US relations. During the meeting, a congresswoman shared that she hadn't received a single call from Indian-American voters urging policy changes, prompting Tharoor to urge the diaspor
This meeting marks their first face-to-face interaction since trade tensions escalated after US President Donald Trump imposed tariffs on Indian goods over India's purchase of Russian oil.