These new tariffs impose additional ad valorem duties ranging from 10% to 50% on imports from all trading partners.
April 3, 2025Emphasizing the need to restore status quo ante, he added, "We are not against normalizing ties, but first, we must reclaim our land."
April 3, 2025On April 2, US President Donald Trump announced a broad imposition of tariffs on various countries.
April 3, 2025Economic analysts attribute this to India's inward-focused economy, which is less reliant on exports compared to nations like China, Japan, Vietnam, and Sri Lanka.
April 3, 2025Congress MP Randeep Surjewala also criticized the Centre and questioned the Modi government over its "silence" and "inaction" on the tariff imposition.
April 3, 2025He further stated that the tariff exemption acknowledges the critical role of India’s pharmaceutical industry in global public health, economic stability, and national security.
April 3, 2025"The actual tariff a country faces depends on what it's exporting and how its trade policies align with U.S. economic and national security interests," said Ajay Srivastava.
April 3, 2025The BSE Sensex tumbled over 800 points, opening at 75,811.12, marking a 1.05% decline.
April 3, 2025Trump framed the move as a historic shift in US trade policy, vowing to end what he described as decades of economic exploitation.
April 3, 2025"Prime Minister Modi was here just recently, and we've always been very good friends," Trump said.
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