The recent move by the U.S. President to raise tariffs on Indian goods to 50 per cent, on top of the existing Most Favoured Nation (MFN) import duties, is set to hit several Indian export sectors hard, according to a report by the Global Trade Research Initiative (GTRI).
The MEA described the criticism of India's trade policy as "unjustified and unreasonable," asserting that India will take necessary measures to safeguard its national interests and economic security.
Following US President Donald Trump imposing 25 per cent tariffs on India from August 1, Shiv Sena (UBT) MP Priyanka Chaturvedi expressed that it was unfortunate that the trade deal is ongoing, and the President has announced trade tariffs. She demanded that the central government leaders
The United States and Indonesia have agreed on a framework to negotiate a Reciprocal Trade Agreement that will boost market access, reduce tariffs, and strengthen cooperation on digital trade, labor rights, and environmental standards. The deal aims to deepen bilateral economic ties and s
Gold shoppers in the United Arab Emirates (UAE) are pausing their purchases as prices remain elevated at around 374.5 dirhams per gram for 22K gold, as reported by Gulf News.
A day after Donald Trump announced reciprocal tariffs on 14 countries, two days ahead of his deadline day of July 9, the US President on Tuesday (local time) stated that his administration will be revealing a minimum of seven countries that the US will do trade with on Wednesday morning (
US President Trump doubts a trade deal with Japan, threatening to impose higher tariffs as the current pause ends. Despite false claims about Japan's rice and car imports, trade talks continue but remain stuck over car tariffs, with no progress after recent meetings.
There was no immediate indication whether any progress was made on Saturday during the more than 10-hour meeting between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng in Switzerland.
White House Press Secretary Karoline Leavitt responded to questions on China during the White House Press Briefing on Tuesday (US Local time) and shared with media Donald Trump's additional statement on China.
Congress leader Sachin Pilot called for a nuanced trade policy in light of global tariff shifts. Citing actions by Canada, Mexico, and the EU, he urged the government to consult stakeholders and protect India's growing economic interests.