Maurice Obstfeld, a renowned economist and professor emeritus at the University of California, Berkeley, has expressed concerns over 'uncertainties surrounding' the South Korea-US trade agreement, announced in July 2025, under which South Korean goods will be subject to a 15 per cent tariff,
Indian gold prices are expected to continue rising, trading in the range of Rs 99,500 to Rs 110,000 per ten grams over the rest of 2025, and moving higher to Rs 110,000 to Rs 125,000 in the first half of 2026, according to a research note by ICICI Bank's Economic Research Group.
Indian textile losses due to the US tariffs are expected to be partly offset by export growth to the United Kingdom, supported by the India-UK free trade agreement (FTA), according to a report by Care Edge Ratings.
Following Washington's 50 per cent tariffs on Indian goods coming into effect earlier on Wednesday, US National Economic Council Director Kevin Hassett noted India's "intransigence" to open its markets to American products while describing the current India-US relationship as a "complicat
The 50 per cent tariffs on Indian goods imposed by the Donald Trump administration came into force on Wednesday, following a notice by the US Customs and Border Protection (CBP). The move poses serious challenges for India's US-oriented exporters.
The 50 per cent tariffs on imports from India to the United States came into effect on Wednesday after the U.S. Customs and Border Protection (CBP) published an official notice.
Criticising the additional 25 per cent tariffs to be imposed by the US on Indian goods as "grossly unfortunate and highly condemnable", CPI(M) MP John Brittas on Tuesday stated that Washington is treating India like a colony, noting that the tariffs were either " a sanction or an embargo".
Speaking about the trade deal, Novarro said that the EU has agreed to reduce "all their tariffs" to zero, while US continue their global tariff to fight the trade deficit at 15 per cent.
Noting that United States has benefited greatly from free trade but now is using tariffs as a bargaining chip, Chinese Ambassador to India Xu Feihong has said his country is opposed to US decision to impose 50 per cent tariffs on Indian goods and said that "silence or compromise only embo
A Fitch Wire report said that while Indian corporates generally have low direct exposure to current US tariffs, the pharmaceutical industry remains vulnerable to future trade measures. The US is a key market for Indian drugmakers, and any tariff imposition could ripple across the sector.