Congress president Mallikarjun Kharge on Wednesday lashed out at Prime Minister Narendra Modi stating that his "dear friend Abki Baar, Trump Sarkar" imposed 50 per cent tariffs on India and claimed that the country will suffer Rs 2.17 Lakh Crore as the "first jolt" due to tariffs.
He further hoped for a solution from the Union Government, stating that the gems and jewellery trade from Jaipur to the US is worth Rs 11 to 12 lakh crores.
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."
The U.S. Customs and Border Protection (CBP) has issued a draft notice on the implementation of additional duties on products imported from India, following the announcement by U.S. President Donald Trump to increase tariffs on Indian goods to 50 per cent.
US President Donald Trump said he stopped seven wars during his presidency, including four by using tariffs and trade pressure. He claimed that imposing 100% tariffs on countries threatening conflict forced them to step back, adding that the US collected trillions in tariffs while prevent
White House Trade Adviser Peter Navarro on Thursday (local time) claimed that India is cozying up to China's President Xi Jinping, adding New Delhi of acting as a "laundromat for the Kremlin" by purchasing discounted Russian crude oil, refining it, and selling the products at a premium gl
US White House Press Secretary Karoline Leavitt on Tuesday (local time) said that US President Donald Trump imposed tariffs on India to deter Russia from pursuing the Ukraine conflict. Trump has doubled India's tariff to 50 per cent by imposing an additional 25 per cent levy on the previo
South Korean Foreign Minister Cho Hyun has said the tariffs being imposed by the United States in the rapidly changing situation in global trade is not unexpected and that his country was able to sort out "the problem" and "make a win-win" through trade negotiations.
South Korean Foreign Minister Cho Hyun has said the tariffs being imposed by the United States in the rapidly changing situation in global trade is not unexpected and that his country was able to sort out "the problem" and "make a win-win" through trade negotiations.
Renowned economist and Columbia University Professor Jeffrey Sachs has strongly criticised the United States administration's tariffs, terming them as pressure tactic on India.