Search For "tariffs"
"We had some work that also flopped": Kanpur businessmen express disappoin
Updated : 7 months ago IST
Shamim Azad, a leather exporter, stated that the United Kingdom is currently experiencing a recession and had some work in the US, but it has completely "flopped" at present. He mentioned that the US customers have asked them to put the orders on hold due to the tariffs.
Read More
"MAHA headache for India": Jairam Ramesh slams Centre over Trump Tariffs,
Updated : 7 months ago IST
In a post on X, Ramesh said, "The Trump double tariff has come into effect. This will undoubtedly hit our labour-intensive exports to the US - especially textiles, gems & jewellery, leather, marine products, and engineering as well."
Read More
Trump's order on 50% tariffs for Indian imports now in force
Updated : 7 months ago IST
The 50 per cent tariffs on imports from India to the United States came into effect on Wednesday after the U.S. Customs and Border Protection (CBP) published an official notice.
Read More
"PM Modi, Trump have close partnership, hopeful will find a way of conclud
Updated : 7 months ago IST
Former Foreign Secretary and Rajya Sabha MP Harsh Vardhan Shringla remained hopeful that India will soon conclude a "satisfactory mutually beneficial" Free Trade Agreement (FTA) with the US as 50 per cent tariffs are set to kick in on Wednesday.
Read More
US tariffs likely to affect US GDP by 40-50 bps, fueling inflationary pres
Updated : 7 months ago IST
The recent move by the United States to impose steep tariffs on Indian goods is expected to weigh on the U.S. economy, pushing up inflationary pressures and impacting growth, according to a report by the State Bank of India (SBI).
Read More
Lula condemns US over revocation of Brazilian justice minister's visa
Updated : 7 months ago IST
Brazil's President Lula da Silva condemned the US for revoking Justice Minister Ricardo Lewandowski's visa, calling it "irresponsible." The move escalates tensions as the US, under President Donald Trump, continues to pressure Brazil over the trial of former president Jair Bolsonaro and impo
Read More
"Somebody is not very happy with you": Fiji PM Rabuka on PM Modi amid US t
Updated : 7 months ago IST
Fijian PM Sitiveni Rabuka praised PM Modi's ability to handle pressure after the US imposed a 50% tariff on Indian goods.
Read More
"We're going to get along," says Trump, allowing 600,000 Chinese students
Updated : 7 months ago IST
US President Donald Trump said 600,000 Chinese students will be allowed to study in American colleges, calling it "very important." His remarks, made amid trade talks with Beijing, signal a possible easing of tensions after tariffs and restrictions strained U.S.-China relations.
Read More
CPI(M) MP Brittas slams US tariffs as "grossly unfortunate, highly condemn
Updated : 7 months ago IST
Criticising the additional 25 per cent tariffs to be imposed by the US on Indian goods as "grossly unfortunate and highly condemnable", CPI(M) MP John Brittas on Tuesday stated that Washington is treating India like a colony, noting that the tariffs were either " a sanction or an embargo".
Read More
Trump to impose additional tariffs on nations imposing digital taxes on US
Updated : 7 months ago IST
US President Donald Trump is ramping up pressure on countries he believes are unfairly targeting American tech firms.
Read More
Indices tumble after Trump administration move to implement secondary tari
Updated : 7 months ago IST
The Indian stock market on Tuesday witnessed a sharp sell-off after the Trump administration issued a notification to impose an additional 25 per cent tariff on Indian imports. The secondary tariffs will come into effect from August 27 and take the total tariff on Indian goods to 50 per cent
Read More
India's garment industry growth to halve to 3-5% this fiscal, amid US tari
Updated : 7 months ago IST
Revenue growth of India's readymade garment (RMG) industry is set to nearly halve on-year this fiscal to 3-5 per cent as the imposition of 50 per cent tariffs by the US on its imports from India becomes effective from 27th August 2025, Crisil Ratings said in a report.
Read More