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).
Indian leather exporters are facing serious challenges after the United States imposed steep tariffs on Indian goods, hitting an industry that depends on exports for 80 per cent of its business.
On being asked whether China and other BRICS nations are trying to take the lead in organising a push against US trade measures, the US State Department said the dialogue with India "will continue".
When pressed by ANI at the Oval Office,whether he expected talks to resume in light of the new 50% tariff. "No, not until we get it resolved," he replied.
Prime Minister Narendra Modi received a telephone call from Brazil, Luiz Inacio Lula da Silva, on Thursday, with the two leaders exchanging views on various regional and global issues of mutual interest and reiterating their commitment to take the Strategic Partnership to new heights
Hong Kong, August 7: The Hong Kong Tourism Board (HKTB) has rolled out a series of summer offers and spending discounts for locals and visitors through the "Hong Kong Summer Viva" promotion launched in the second half of June jointly with the local trade. The campaign has received overwhelmi
South Korea narrowly avoided steep U.S. tariffs on Thursday after sealing a high-stakes trade deal with Washington, capping new import duties at 15 per cent, instead of the 25 per cent originally set to take effect from Friday.
CTI Chairman Brijesh Goyal has written to Prime Minister Narendra Modi, urging swift and strategic action, including imposing retaliatory tariffs on goods imported from the United States.
After US President Donald Trump announced an additional 25 per cent tariff on Indian goods, Shiv Sena (UBT) MP Priyanka Chaturvedi called it "hypocrisy." She said Trump is unfairly targeting India for buying oil from Russia, while US, EU, China, and Turkey continue to trade with Russia as
Following United States President Donald Trump's imposition of an additional 25 per cent tariff on India over its purchase of Russian oil, Samajwadi Party MP Awadhesh Prasad on Thursday criticised Trump, stating that his threat would not impact India's economy or unity and urged the gover