Will Indian rupee fall more due to Trump's reciprocal tariffs?
1 month ago

Will Indian rupee fall more due to Trump's reciprocal tariffs?

Firstpost  

While India’s high-tariff rate puts it at the risk of facing reciprocal tariffs, the outcome is not yet clear as implementation will likely be a multi-step process over several quarters, involving negotiations and counter-tariffs Reciprocal US trade tariffs proposed by President Donald Trump are unlikely to have a significant negative bearing on the rupee, the head of global foreign exchange at Jefferies said. Last week, Trump unveiled plans to levy reciprocal tariffs on all countries that have tariffs on US goods or set up non-tariff barriers to limit US access to their markets. “We had far bigger tariffs implemented on China, and there was very little impact.” India charged a weighted average tariff of about 11 per cent in 2023, around 8.2 percentage points higher than US tariffs on Indian exports, according to estimates from Citi. While India’s high-tariff rate puts it at the risk of facing reciprocal tariffs, Bechtel said the outcome is not yet clear as implementation will likely be a multi-step process over several quarters, involving negotiations and counter-tariffs.

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History of this topic

How India should respond to Trump’s reciprocal tariff threat
7 hours, 4 minutes ago

How India should respond to Trump’s reciprocal tariff threat

Firstpost  

India has to take some initiative in market-opening measures to maintain its long-standing relationship with the US. Despite the US being India’s major trading partner and increasing strategic convergences, India and the US have repeatedly failed to secure a comprehensive trade agreement. If Trump imposes reciprocal tariffs, India could face steep barriers to its exports and lose its competitiveness in …

India’s confidence in gaining from Trump’s trade distortions is misplaced
7 hours, 30 minutes ago

India’s confidence in gaining from Trump’s trade distortions is misplaced

Live Mint  

India’s policymakers should be drawing up strategies to deal with the new age of trade barriers. Perhaps the Indian government takes comfort from the promise Trump made during Prime Minister Narendra Modi’s recent visit to Washington that a new trade deal between the two countries would be signed by autumn. It is, of course, possible that the White House wants …

India, US trade talks may go beyond tariffs
13 hours, 47 minutes ago

India, US trade talks may go beyond tariffs

Hindustan Times  

The US is pushing for India to reduce high tariff barriers for all American goods in one comprehensive move rather than adopting a piecemeal approach, according to people familiar with the negotiations ahead of crucial talks this week. The US team led by assistant trade representative Brendan Lynch and the Indian team led by commerce ministry’s additional secretary Rajesh Agarwal …

With Trump Tariffs On Horizon, India-US Trade Agreement Talks To Begin Tomorrow
1 day, 1 hour ago

With Trump Tariffs On Horizon, India-US Trade Agreement Talks To Begin Tomorrow

ABP News  

Senior officials of India and the US will begin three-day talks on the proposed bilateral trade agrement here on Wednesday amid threats of reciprocal tariffs from the Trump-administration, an official said. While the US has demanded greater market access in sectors like certain industrial goods, auto, wines and agriculture, India may look at duty cuts for labour intensive sectors like …

India to cut levies on more than half of US imports as Trump's reciprocal tariffs deadline nears: Report
Top News
1 day, 3 hours ago

India to cut levies on more than half of US imports as Trump's reciprocal tariffs deadline nears: Report

Firstpost  

Under a new trade deal between India and the US, New Delhi is open to reducing tariffs on 55 per cent of US goods it imports that are now subject to tariffs ranging from 5 per cent to 30 per cent U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference …

India Considers Lowering Taxes On US Imports, As It Tries To Manage Impact Of Reciprocal Tariffs: Report
Trending News
1 day, 6 hours ago

India Considers Lowering Taxes On US Imports, As It Tries To Manage Impact Of Reciprocal Tariffs: Report

ABP News  

India is considering reducing tariffs on more than half of US imports, valued at $23 billion, as part of the first phase of a proposed trade deal aimed at countering the impact of upcoming US reciprocal tariffs, Reuters reported citing two official sources. According to an internal assessment by New Delhi, the new US tariffs, set to take effect on …

India’s GDP Expected To Grow 6.5% In FY26, With 75-100 Bps Rate Cut, Says Report
1 day, 8 hours ago

India’s GDP Expected To Grow 6.5% In FY26, With 75-100 Bps Rate Cut, Says Report

ABP News  

India's GDP is expected to grow at 6.5 per cent in the fiscal year ending March 31, 2026, demonstrating the country's resilience in the Asia-Pacific region amid global uncertainties, according to S&P Global Ratings’ report released on Tuesday. This projection assumes a normal monsoon season and soft commodity prices, particularly crude oil, as noted in the global financial institution's latest …

What Trump’s 25% tariff threat on Venezuelan oil could mean for India
1 day, 9 hours ago

What Trump’s 25% tariff threat on Venezuelan oil could mean for India

Firstpost  

US President Donald Trump has announced a 25 per cent tariff on countries purchasing Venezuelan oil, starting April 2. Trump’s 25% tariff on Venezuelan oil On Monday, Trump said the US would impose a 25 per cent tariff on all imports from any country that buys oil from Venezuela. Possible impact of Trump tariff on India Energy experts have noted …

Donald Trump to impose sharp tariff on countries buying Venezuelan oil and gas; Is India at risk?
2 days ago

Donald Trump to impose sharp tariff on countries buying Venezuelan oil and gas; Is India at risk?

Hindustan Times  

US President Donald Trump announced Monday steep tariffs on imports from countries buying oil and gas from Venezuela, a punitive measure that could hit China and India, among others, and sow fresh global trade uncertainty. Trump has dubbed the date "Liberation Day" for the world's biggest economy, already promising reciprocal tariffs tailored to each trading partner in an effort to …

India to seek exemption from Trump’s reciprocal tariffs in trade talks with US
2 days, 3 hours ago

India to seek exemption from Trump’s reciprocal tariffs in trade talks with US

Firstpost  

Brendan Lynch, the assistant US trade representative for South and Central Asia will pay a five-day visit to India beginning Tuesday to discuss issues relating to trade and tariff between the two countries. The Indian government plans to request an exemption from President Donald Trump’s reciprocal tariffs during talks with US officials arriving in the country on Tuesday to discuss …

What the Centre told Rajya Sabha about Donald Trump's tariffs
5 days, 6 hours ago

What the Centre told Rajya Sabha about Donald Trump's tariffs

Hindustan Times  

The Narendra Modi government on Friday said that there has been no imposition of country-specific, including reciprocal tariffs by the United States on India. US President Donald Trump said he has a “very good relationship” with India, but the “only problem” he has with the country is that it is “one of the highest tariffing nations in the world.” While …

America’s reciprocal tariffs will exacerbate the problems of Indian farmers
5 days, 9 hours ago

America’s reciprocal tariffs will exacerbate the problems of Indian farmers

Live Mint  

As part of his ‘America First’ agenda, President Donald Trump has proposed imposing reciprocal tariffs to curb the growing US trade deficit. India exports a variety of agricultural products to the US, including frozen shrimp, prawns, basmati and non-basmati rice, vegetable saps and extracts, natural honey and processed food items. Although India maintains that its tariffs are within the overall …

'They’re one of the highest...': Trump flags 'the only problem' he has with India
5 days, 22 hours ago

'They’re one of the highest...': Trump flags 'the only problem' he has with India

Firstpost  

“I have a very good relationship with India, but the only problem I have with India is they’re one of the highest tariffing nations in the world,” said Trump in an interview to American-based website President Donald Trump shakes hands with India's Prime Minister Narendra Modi in the Oval Office of the White House on February 13. File image/AP US …

I believe India will cut tariffs substantially on U.S. goods, says Trump
Trending News
5 days, 23 hours ago

I believe India will cut tariffs substantially on U.S. goods, says Trump

The Hindu  

U.S. President Donald Trump has said that he believes India will lower its tariffs on American goods, even as he reiterated his threat to impose reciprocal tariffs on the country starting April 2. Asked about his summit with Prime Minister Narendra Modi last month, Mr. Trump said he has a “very good relationship” with India. probably going to be lowering …

Will India lower levies before US rolls out reciprocal tariffs on April 2? Trump says ‘I believe…’ – Firstpost
6 days, 8 hours ago

Will India lower levies before US rolls out reciprocal tariffs on April 2? Trump says ‘I believe…’ – Firstpost

Firstpost  

In a White House press conference with Prime Minister Narendra Modi last month, Trump had described India as a “tariff king” and a “big abuser” while discussing trade barriers, emphasizing the difficulties of selling to the country US President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House …

Donald Trump expects India to cut tariffs on US products, but ‘will charge them same tariffs from April 2’
6 days, 10 hours ago

Donald Trump expects India to cut tariffs on US products, but ‘will charge them same tariffs from April 2’

Hindustan Times  

US President Donald Trump, in an interview with Breitbart News on Wednesday, said he believes India would reduce tariffs on American goods, news agency Reuters reported. During Prime Minister Narendra Modi's visit to Washington last month, India and the U.S. pledged to more than double their bilateral trade to USD 500 billion by 2030. India, US commit to doubling two-way …

Trump Believes India May Lower Tariffs On US, But Reiterates April 2 Deadline
6 days, 12 hours ago

Trump Believes India May Lower Tariffs On US, But Reiterates April 2 Deadline

ABP News  

US President Donald Trump said on Wednesday that he believes India will likely lower the tariffs imposed on American goods, but reiterated the April 2 deadline. President Trump has repeatedly emphasised the April 2 deadline ever since he announced retaliatory tariffs against several countries imposing high duties on American imports, including India. The development comes just days after Trump made …

Trump thinks India may cut tariffs, but keeps reciprocal duties threat alive
6 days, 17 hours ago

Trump thinks India may cut tariffs, but keeps reciprocal duties threat alive

India Today  

US President Donald Trump on Thursday reiterated his confidence that India will lower the trade tariffs it imposes on American goods, adding that his administration will impose the same charges on New Delhi, starting April 2. Speaking to Breitbart News, the President said that he has a "very good relationship" with India but that New Delhi has too many high …

Countries can avoid Trump's April tariffs by cutting trade barriers, Bessent says
1 week ago

Countries can avoid Trump's April tariffs by cutting trade barriers, Bessent says

The Hindu  

The Trump administration on April 2 will give trading partner countries a proposed U.S. tariff rate based on their own rates, non-tariff trade barriers and other factors— along with an opportunity to negotiate to avoid a "tariff wall," U.S. Treasury Secretary Scott Bessent said on Tuesday. "On April 2, each country will receive a number that we believe represents their …

Explained: How India can shield itself from Donald Trump's tariff storm
1 week, 1 day ago

Explained: How India can shield itself from Donald Trump's tariff storm

India Today  

A second term for Donald Trump as US President was always expected to shake up the global order, but few anticipated the trade war drums would start beating this soon. "Given that President Donald Trump has been using higher reciprocal policy as an instrument of state policy, shielding India from incessant trade wars in this increasingly VUCA world is uneasy," …

India’s exports may face 3-3.5% hit from US tariffs, but trade diversification may cushion impact: SBI Research
Trending News
1 week, 2 days ago

India’s exports may face 3-3.5% hit from US tariffs, but trade diversification may cushion impact: SBI Research

Live Mint  

New Delhi: India’s exports to the US could decline by 3-3.5% if Washington implements reciprocal tariffs next month, but this may be offset by ambitious targets in manufacturing and services, along with efforts to diversify exports, SBI Research said in a report on Monday. New Delhi also must boost value addition, tap new markets, and establish alternative trade routes from …

Trump’s tariff threat’s impact on India’s agriculture trade
Trending News
1 week, 2 days ago

Trump’s tariff threat’s impact on India’s agriculture trade

Hindustan Times  

The recent proposal by United States President Donald Trump to impose reciprocal tariffs is aimed at addressing the increasing US trade deficit and aligns with the broader America First policy. India imposes significantly higher tariffs than the US, particularly in agriculture where it imposes a simple average tariff of 39% and a trade-weighted tariff of 65%, compared to the US’s …

India to gain in an uncertain world of tariffs, says SBI report
1 week, 2 days ago

India to gain in an uncertain world of tariffs, says SBI report

The Hindu  

As tariff action by U.S. President Donald Trump looms large, the State Bank of India in a special report said that India however would stand to gain in an increasingly uncertain world of tariffs. Long trends indicate a possible downturn in U.S. economy GDP growth along with a slowdown in U.S. exports and consumption,” SBI said in the report. “We …

Will Trump's reciprocal tariffs hit India hard? Here's all you need to know
1 week, 2 days ago

Will Trump's reciprocal tariffs hit India hard? Here's all you need to know

India Today  

The US is set to impose reciprocal tariffs from April 2, which means some Indian exports are set to face higher import duties. According to the report, US tariffs mayonly lead to a 3-3.5% decline in exports, and India’s growing exports in manufacturing and services will negate the impact of reciprocal tariffs. SBI Research pointed out that India has diversified …

Why Trump’s trade war with China is bad news for Indian chemical exporters
1 week, 3 days ago

Why Trump’s trade war with China is bad news for Indian chemical exporters

Live Mint  

Repercussions of US President Donald Trump’s tariffs on China will likely be felt not just in several domestic sectors but also in key export destinations for Indian companies as Chinese firms turn to less-taxing geographies. This is because the US tariffs could force Chinese chemicals companies to flood other markets with cheaper products, depressing global prices and causing stiff competition …

Trade, tariff, traffic & Trump | Choppy trade waters
1 week, 3 days ago

Trade, tariff, traffic & Trump | Choppy trade waters

India Today  

With the sword of reciprocal tariffs hanging over its head, India lost no time in trying to seal a trade deal with the United States that aims to increase bilateral trade from $200 billion at present to $500 billion by the turn of the decade. But neither that deal nor India’s decision to lower tariffs on some US imports like …

How Trump’s tariffs can be opportunity in crisis for India
Trending News
1 week, 4 days ago

How Trump’s tariffs can be opportunity in crisis for India

Firstpost  

While Trump’s tariffs aren’t designed to help India, they may inadvertently provide the external catalyst needed for India’s economic transformation. India’s Historical Inward Focus India has a robust domestic market, which accounts for approximately 60 per cent of its GDP. The result was a 10-18 per cent cost disability in assembly and manufacturing compared to Southeast Asian rivals, leaving India’s …

How Trump’s tariffs can be opportunity in crisis for India
1 week, 4 days ago

How Trump’s tariffs can be opportunity in crisis for India

Firstpost  

While Trump’s tariffs aren’t designed to help India, they may inadvertently provide the external catalyst needed for India’s economic transformation. India’s Historical Inward Focus India has a robust domestic market, which accounts for approximately 60 per cent of its GDP. The result was a 10-18 per cent cost disability in assembly and manufacturing compared to Southeast Asian rivals, leaving India’s …

What are the implications of Trump’s threat to ‘mirror’ India’s tariffs? | In Focus podcast
1 week, 5 days ago

What are the implications of Trump’s threat to ‘mirror’ India’s tariffs? | In Focus podcast

The Hindu  

The United States is India’s biggest trading partner. In 2023, the U.S.-India bilateral trade in goods and services stood at $190.08 billion -- $123.89 billion in goods and $66.19 billion in services trade. American exports into India also face a higher rate of tariffs than India’s exports to the US. Now President Donald Trump has said that the US will …

Trump Now Threatens Massive 200% Tariff On European Alcohol As Trade War Intensifies
Trending News
1 week, 6 days ago

Trump Now Threatens Massive 200% Tariff On European Alcohol As Trade War Intensifies

ABP News  

In a move that marks a sharp escalation in the ongoing trade dispute between the US and the European Union, President Donald Trump has threatened to impose a 200% tariff on alcoholic beverages from EU nations in response to the latter's 50% tariff on American spirits. "The European Union, one of the most hostile and abusive taxing and tariffing authorities …

Trump’s tariff war: Who’s fighting back, who’s not? What about India?
1 week, 6 days ago

Trump’s tariff war: Who’s fighting back, who’s not? What about India?

Firstpost  

US President Donald Trump has imposed sweeping tariffs, including a 25 per cent levy on steel and aluminium imports and a 25 per cent tariff on goods from Mexico and Canada, with limited exemptions. Trump’s tariffs on Canada and Mexico On March 4, the Trump administration imposed a 25 per cent import tariff on goods from Canada and Mexico, with …

US Flags High Tariff By India On American Alcohol, Agricultural Goods: 'Not Helping...'
Trending News
2 weeks ago

US Flags High Tariff By India On American Alcohol, Agricultural Goods: 'Not Helping...'

ABP News  

The White House once again highlighted the high tariffs imposed by India on several American products, including alcohol and agricultural goods. The reference to the high tariff imposed by India was made by White House Press Secretary Karoline Leavitt during a briefing on Tuesday while responding to a question on Canada. India 'Very High Tariff Nation': Trump Earlier, Trump had …

India, US working on removing trade barriers: MoS
Trending News
2 weeks ago

India, US working on removing trade barriers: MoS

Hindustan Times  

India and the US will focus on increasing market access for each other, reducing tariff and non-tariff barriers, and enhancing supply chain integration, minister of state for commerce Jitin Prasada told the Lok Sabha on Tuesday after an Indian ministerial delegation concluded the week-long America visit, as the two sides work on a Bilateral Trade Agreement which they hope to …

On US reciprocal tariffs on India, Centre's updates in Parliament
2 weeks, 1 day ago

On US reciprocal tariffs on India, Centre's updates in Parliament

Hindustan Times  

The Centre on Tuesday informed Parliament that as of date, the United States has not imposed reciprocal tariffs on India. The clarification comes days after US President Donald Trump criticised the high tariffs charged by India and other countries, terming them as “very unfair” and announced reciprocal tariffs from April 2 on nations that impose levies on American goods. In …

India & US negotiating mutually beneficial trade agreement, govt tells parliament
2 weeks, 1 day ago

India & US negotiating mutually beneficial trade agreement, govt tells parliament

Firstpost  

As US President Donald Trump is pursuing a tariff war, India and the United States are negotiating a mutually beneficial trade agreement, according to the Narendra Modi government Prime Minister Narendra Modi and US President Donald Trump at the White House. In a written response to a question, Union Minister of State for Commerce and Industry Jitin Prasada told the …

‘No commitments’: India clarifies after Donald Trump’s tariff cut claim
2 weeks, 1 day ago

‘No commitments’: India clarifies after Donald Trump’s tariff cut claim

Hindustan Times  

The Centre has denied committing to reducing import duties on US products, following President Donald Trump's claim that New Delhi had agreed to lower tariffs, The Times of India reported Donald Trump claims India has agreed to cut tariffs significantly. It also mentioned that commerce secretary Sunil Barthwal, while appearing before the Parliamentary standing committee on external affairs, reportedly said …

India-US Trade Deal Expected To Finalise By Fall 2025, Says Morgan Stanley
2 weeks, 1 day ago

India-US Trade Deal Expected To Finalise By Fall 2025, Says Morgan Stanley

ABP News  

A trade deal between India and the US would likely take some time but will materialise by the fall 2025, according to a Morgan Stanley report released on Tuesday. According to the report, while India can eventually reach a trade deal with the US, it would be relatively more challenging given the multiple bilateral trade issues. The report underscored that …

Mint Primer: Can a ‘zero-for-zero’ approach thwart reciprocal tariffs?
2 weeks, 1 day ago

Mint Primer: Can a ‘zero-for-zero’ approach thwart reciprocal tariffs?

Live Mint  

A ‘zero-for-zero’ tariff approach is being touted as the best way for India to deal with US President Donald Trump’s proposed reciprocal tariffs. Any bilateral trade agreement will take time to be negotiated, and it is unlikely to thwart the reciprocal tariffs that the US government has threatened to levy. Global Trade Research Initiative, a think tank that mooted the …

India, US to increase market access, reduce tariff, non-tariff barriers: Centre tells Parliament
2 weeks, 1 day ago

India, US to increase market access, reduce tariff, non-tariff barriers: Centre tells Parliament

New Indian Express  

NEW DELHI: India and the US are planning to negotiate a trade agreement and both countries will focus on increasing market access, reducing import duty and non-tariff barriers, and enhancing supply chain integration, Parliament was informed on Tuesday. In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said that as of date, …

New Delhi counters Trump's 'India cutting tariffs way down' claim, says 'no commitments'
2 weeks, 1 day ago

New Delhi counters Trump's 'India cutting tariffs way down' claim, says 'no commitments'

New Indian Express  

NEW DELHI: India says it has not committed to slashing import duties on US products, days after President Donald Trump announced that New Delhi had agreed to "cut their tariffs way down." He has also blamed all trading partners of "unfair" practices, and has announced reciprocal tariffs on many countries, including India, to begin from next month on April 2. …

Indian IT firms need to invest in more US-based services to avoid tariffs: industry experts
2 weeks, 1 day ago

Indian IT firms need to invest in more US-based services to avoid tariffs: industry experts

New Indian Express  

BENGALURU: With concerns growing about the effects of US President Donald Trump's proposed tariffs, experts say the IT services industry is not an exception as the US is always a major destination, and that they need to invest in more US-based services in order to avoid tariffs. According to them, significant tariffs placed on services could significantly disrupt the IT …

India, US to focus on increasing market access, reducing tariff, non-tariff barriers: Centre tells Parliament
Trending News
2 weeks, 1 day ago

India, US to focus on increasing market access, reducing tariff, non-tariff barriers: Centre tells Parliament

New Indian Express  

NEW DELHI: India and the US are planning to negotiate a trade agreement and both countries will focus on increasing market access, reducing import duty and non-tariff barriers, and enhancing supply chain integration, Parliament was informed on Tuesday. In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said that as of date, …

No commitments made: India on Donald Trump's tariff cut claim
2 weeks, 1 day ago

No commitments made: India on Donald Trump's tariff cut claim

India Today  

India has made no commitments on trade tariff reductions to the United States, Commerce Secretary Sunil Barthwal informed a Parliamentary panel on Monday. Barthwal's statement came in response to US President Donald Trump’s recent assertion that India has agreed to bring its tariffs "way down". With several members of the Parliament panel raising concerns over Donald Trump's recent claim of …

Trade war: How best to brace for the return of ‘beggar thy neighbour’ policies
2 weeks, 2 days ago

Trade war: How best to brace for the return of ‘beggar thy neighbour’ policies

Live Mint  

The word ‘tariff’ traces its origin to the Arabic word ‘ arrafa,’ meaning notify. That’s because in an inter-dependent world, higher tariffs attract retaliatory levies and in an overall sense restrict trade among nations. The ‘almost fully free-trade world’ of the last 40-50 years functioned reasonably well with low levels of tariffs across the board. Imposing tariffs on Mexico and …

Donald Trump’s tariffs threats could be good for India, says ex-RBI deputy
Trending News
2 weeks, 2 days ago

Donald Trump’s tariffs threats could be good for India, says ex-RBI deputy

Live Mint  

Viral Acharya, former deputy governor of Reserve Bank of India said that US President Donald Trump's threats to hike tariffs could strengthen India's economy. How India benefits Acharya said large Indian firms that had benefitted from the protectionist measures will initially lose some value, but the economy will benefit overall. Competition from foreign firms Opening the economy to foreign firms …

Rupee slumps on strong demand to buy dollars at daily fix, weak yuan
2 weeks, 2 days ago

Rupee slumps on strong demand to buy dollars at daily fix, weak yuan

Live Mint  

By Jaspreet Kalra MUMBAI, March 10 - The Indian rupee weakened on Monday on the back of strong demand to buy dollars at the daily reference rate and as the Chinese yuan slipped amid worries about the country's economy and a global trade war. The reference rate, or the daily fix, was quoted at a 1/1.20 paisa premium, signalling strong …

Weaker dollar unlikely to help rupee amid tariff worries, importer hedging
Trending News
2 weeks, 2 days ago

Weaker dollar unlikely to help rupee amid tariff worries, importer hedging

Live Mint  

By Jaspreet Kalra MUMBAI, March 10 - The Indian rupee is likely to open lower on Monday despite weakness in the U.S. dollar as concerns over global trade tensions continue to dampen risk appetite, while importers' hedging requirements may also weigh on the currency. U.S. President Donald Trump's tariff policies are also likely to stay in focus amid concerns about …

Tariffs should be tapered off after building globally competitive domestic businesses: Niti Aayog member
Trending News
2 weeks, 3 days ago

Tariffs should be tapered off after building globally competitive domestic businesses: Niti Aayog member

Live Mint  

New Delhi: Tariffs aimed at protecting domestic industries from foreign competition have to be gradually tapered off as these industries learn to stand on their feet, Niti Aayog member Arvind Virmani said. According to the former chief economic advisor in the finance ministry, tariffs are effective only if they help in building globally competitive domestic businesses. In India, the thinking …

US Tariffs Could Impact Indian Drug Makers, See How Pharma Sector Will Fare
2 weeks, 3 days ago

US Tariffs Could Impact Indian Drug Makers, See How Pharma Sector Will Fare

ABP News  

The tariffs from the US could severely affect Indian drug manufacturers as the duties would result in higher production costs and make shipments less competitive in comparison to products from other nations. Experts believe that the pharma sector in India should brace for a huge impact from US President Donald Trump’s fresh tariffs. US Market Accounts For A Third Of …

‘Trump has made tariffs household name’ says Congress leader Jairam Ramesh
2 weeks, 3 days ago

‘Trump has made tariffs household name’ says Congress leader Jairam Ramesh

Hindustan Times  

Congress general secretary Jairam Ramesh on Sunday stated that US President Trump had made tariffs a household name across the world. Donald Trump has announced that he will be imposing reciprocal tariffs against countries that charge high duties on US imports Donald Trump recently claimed that India had agreed to reduce tariffs levied against US imports after slamming the country …

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