“The Trump double tariff has come into effect. This will hit labour-intensive exports—textiles, gems & jewellery, leather, marine products, and engineering,” he said in a post on X.
August 27, 2025Trump had earlier accused India of maintaining “the highest tariffs and most strenuous non-monetary trade barriers in the world,” while continuing to buy energy and defense equipment from Russia.
August 27, 2025“One thing I know is that President Trump and Prime Minister Modi enjoy a very close and special partnership. Hopefully, we will find a way to conclude a mutually beneficial FTA early rather than late,” Shringla noted.
August 27, 2025Jaishankar also underlined that India’s decisions were rooted in its national interest and strategic autonomy. “The choices we make are our right. That is the essence of strategic autonomy,” he said.
August 23, 2025Market experts highlighted that the sentiment remains fragile, with traders unwilling to take aggressive positions.
August 22, 2025Highlighting the alternative opportunities available, he noted, “If Indian goods face difficulties in the US market, the Russian market is welcoming Indian exports.”
August 20, 2025Trump recently doubled India’s tariffs to 50 per cent, raising an additional 25 per cent on the previously announced 25 per cent duty. According to Leavitt, the move was intended as “secondary pressure” on Moscow.
August 20, 2025ICRIER observed that buyers in these categories can easily switch sourcing, which gives US importers leverage and weakens India’s position in negotiations.
August 16, 2025His remarks come against the backdrop of heightened trade tensions with the United States, which has imposed a 25% additional tariff on Indian goods, terming it a ‘penalty’ for India’s purchase of Russian oil.
August 15, 2025“If you cave in to a bully, then the bully will increase his demands,” Swarup told ANI, cautioning that giving in would only embolden further demands.
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