Sweeping U.S. tariff hikes may have unsettled trade flows, but the India–U.S. partnership remains steady, anchored not in economics alone but in trust, resilience, and strategic alignment. Analysts stress that while tariffs sting, they cannot shake the deeper foundations of this relationship. Washington’s decision to impose tariffs of up to 50% on Indian goods has Read More…
Former U.S. President Donald Trump has reignited tensions over U.S.–India trade ties, claiming on Truth Social that India has now offered to slash tariffs on American goods to zero. While calling the move “positive,” Trump slammed the decades-long trade relationship as a “totally one-sided disaster,” saying the offer comes far too late. His comments follow Read More…
The United States has imposed a 50% tariff on Indian exports, effective August 27, citing New Delhi’s continued crude oil purchases from Russia. The hike combines an additional 25% penalty duty with the existing 25% countervailing duty, effectively doubling the tariff rate on Indian goods entering the U.S. According to a notification from the U.S. Read More…
India’s state-run refiners, Indian Oil Corporation (IOC) and Bharat Petroleum (BPCL), have resumed Russian crude imports for September and October after a brief pause, lured by widened discounts of about $3 per barrel on grades like Urals, Varandey, and Siberian Light. The move comes despite U.S. pressure and former President Donald Trump’s threat of steep Read More…
Washington: In a significant step towards easing trade tensions, US President Donald Trump has announced a 90-day delay in imposing a planned 145% additional tariff on Chinese goods. The move, signed into order by Trump, pushes the tariff implementation deadline to November 10 and raises hopes for a fresh trade agreement between the two nations. Read More…
Washington: U.S. President Donald Trump has firmly ruled out any trade talks with India until the ongoing tariff dispute is resolved, declaring from the Oval Office, “No, not until the tariff dispute is settled.” His strong stance follows the decision to double tariffs on Indian imports to 50%, citing India’s continued oil trade with Russia Read More…
New Delhi: Prime Minister Narendra Modi has issued a strong rebuttal to U.S. President Donald Trump’s tariff hike on Indian exports, declaring that India will not compromise on the interests of its farmers, dairy producers, or fishermen—no matter the cost. Speaking at the M.S. Swaminathan Centenary International Conference, Modi emphasized the government’s unwavering stand on Read More…
New Delhi: With mounting pressure from U.S. tariffs and European Union sanctions targeting nations trading in Russian oil, India is signaling a potential policy overhaul to safeguard its energy security and national interests. The Ministry of External Affairs (MEA) has hinted that a strategic recalibration may be on the horizon as global geopolitical dynamics grow Read More…
Prime Minister Narendra Modi has rejected mounting U.S. pressure over India’s continued purchase of Russian oil, even as former President Donald Trump escalates the trade standoff with a 25% tariff on Indian imports. The move, aimed at curbing global oil trade with Moscow, comes with threats of even harsher penalties unless Russia agrees to a Read More…
New Delhi: In a strong response to former US President Donald Trump’s recent jibe calling India a “dead economy,” Prime Minister Narendra Modi has underlined the country’s economic priorities and renewed his push for Swadeshi (self-reliant) manufacturing and trade. Trump’s comments came just days after he announced a 25% import tariff on Indian goods, effective Read More…