A delegation of the Federation of Indian Export Organisations (FIEO) on Thursday called on Finance Minister Nirmala Sitharaman and received assurances of full government support to safeguard exporters' interests following the recent escalation of tariffs by the United States, said the indust
Minister of State for External Affairs Kirti Vardhan Singh has called the Trump administration's move to impose a 50 per cent tariff on Indian goods "wrong and unjustified".
US Senator Lindsey Graham on Thursday (local time) hinted that countries still buying russian oil will face consequences, saying that "India is experiencing the cost of supporting Putin".
The Commerce Ministry on Thursday said the recent imposition of 50 per cent tariffs by the United States will have a short-term impact on India's exports, particularly in sectors such as textiles, chemicals, and machinery. However, it asserted that the long-term effect on overall trade an
Aam Aadmi Party (AAP) Delhi President Saurabh Bhardwaj on Thursday criticised US President Donald Trump's decision to impose a 50% tariff on Indian goods.
To give relief to the textile sector from the US tariffs, the Central Government on Thursday announced to extend the exemption of import duty on cotton till December 31, 2025. The move is aimed at ensuring adequate availability of cotton for the domestic textile industry, according to a M
Dubey criticised the Indian government for remaining inactive in addressing this issue, emphasising the need for the government to engage in diplomatic efforts with the US to resolve the matter.
"... When we boycott their products, they will suffer losses from that... In the current situation, it is necessary that we stop using American products... We must do this as soon as possible..." Prasad told ANI.
Yoga guru Ramdev has urged Indian citizens to boycott American companies and brands as a reaction to the US imposing 50% tariffs on Indian imports. He termed the US's action political bullying, hooliganism and dictatorship.
The immediate impact of the recently imposed US tariffs on Indian exports may appear limited, but the secondary and tertiary effects on the economy pose significant challenges that must be addressed, highlighted a report by the Department of Economic Affairs under the Ministry of Finance.