Tag: US Tariff

Trump’s additional 25% tariff move on India sparks backlash from industry

"There are other available markets that the Indian industry is free to look at," he added, suggesting that exporters may shift focus beyond the US.

August 8, 2025

US Tariffs Deliver Heavy Blow to India’s Leather Industry, Threatening 80% Export-Dependent Sector

Exporters warn that the new trade barrier will lead to mass order cancellations, financial strain, and a diversion of business to competitors like Bangladesh, Vietnam, and Pakistan.

August 8, 2025

“India Has Not Violated Any US Law”: Former MoS MJ Akbar Criticises Trump’s Tariff Move, Warns of Eroding Trust

The US President recently signed an Executive Order imposing an additional 25% tariff on Indian imports, raising the total to 50%.

August 7, 2025

Owaisi Slams Trump Over 50% Tariff Hike on Indian Goods, Calls It “Bullying by the Buffoon-in-Chief”

Owaisi also targeted Prime Minister Narendra Modi and the ruling BJP, accusing them of compromising India's strategic autonomy to benefit their "billionaire friends."

August 7, 2025

Akhilesh Yadav Slams Modi Govt Over US Tariffs, Says “Nation, Economy, Farmers Under Threat”

Yadav also took aim at Prime Minister Modi’s recent remarks that farmers are India’s top priority, calling them a belated concern.

August 7, 2025

Kharge Slams Modi Over Trump’s 50% Tariff Hike, Calls It a ‘Foreign Policy Disaster’

Kharge criticised the Modi government’s handling of India–US trade relations, alleging that diplomatic failure had led to a massive blow to Indian exports.

August 7, 2025

PM Modi Stands Firm on Farmer Interests Amid U.S. Tariff Hike Led by Trump

The tariff escalation is seen as part of ongoing trade tensions, with the U.S. demanding greater access to India’s agricultural market, particularly for corn, soybeans, and cotton.

August 7, 2025

White House Defends 50% Tariffs on India, China; Warns Against Self-Inflicted Economic Harm

He clarified that the tariffs on India, which were hiked to 50 per cent, stem from a national security concern linked to India’s continued oil imports from Russia, despite U.S. requests to halt them.

August 7, 2025

Markets Slip as Trump’s 25% Tariff Hike on Indian Goods Triggers Investor Sell-Off

The latest tariff hike effectively makes Indian exports to the US 50 per cent more expensive, prompting concerns over trade relations and triggering a broad-based sell-off across sectors.

August 7, 2025

Trump Hints at Possible Secondary Sanctions on China Over Russian Oil Imports, Days After Tariffs on India

Despite this widespread reliance on Russian energy, neither China nor Turkiye currently face US sanctions or tariffs linked directly to their Russian oil or energy imports.

August 7, 2025