The 25 per cent tariff and additional penalties imposed by US President Donald Trump on India should be viewed as a temporary negotiating tool rather than a permanent shift in trade relations, according to Gaurav Sansanwal, Fellow for the Chair on India and Emerging Asia Economics at the
In a post on X, Khera compared Trump to a snake "coiled around Modi", stating that the Prime Minister could have easily denied Trump's remarks but chose not to.
At close of trading, the Sensex was down 375.24 points or 0.45 per cent at 82,259.24, and the Nifty declined 100.60 points or 0.40 per cent at 25,111.45.
US State Department Deputy Spokesperson Mingon Houston on Wednesday (local time) emphasised that India is an "essential partner" of Washington in the Indo-Pacific region as the talks for a bilateral trade agreement between both nations are underway.
After a federal court of the United States struck down a reciprocal tariff announced by US President Donald Trump, the Global Trade Research Initiative (GTRI) said that India should proceed cautiously in its ongoing Free Trade Agreement (FTA) negotiations with the US.
Responding to claims of US President Donald Trump that India offered a trade deal with zero tariffs, Sunil Barthwal, Secretary Department of Commerce, on Thursday said that the external affairs minister, Dr S Jaishankar, has responded to the claim.
The recently concluded limited trade deals between the United States and the United Kingdom present clues about the kind of trade arrangements Washington may pursue with India, the Global Trade Research Initiative (GTRI) said, cautioning the Indian negotiators.
India and the US have finalised terms of reference for the ongoing negotiations for completing a bilateral trade agreement between the two countries, said US Vice President JD Vance.
"I am sure immigration will be discussed. My view is that when deportations take place, they need to take place humanely where those being deported are treated with appropriate dignity, not harassed or treated in inhumane conditions," Khanna said.