We have to wait and watch to see how it pans out: Official on Trump’s tariff threat
5 days, 16 hours ago

We have to wait and watch to see how it pans out: Official on Trump’s tariff threat

Live Mint  

New Delhi, Imposing reciprocal duties violates global trade rules but one has to follow a "wait and wait" approach to US President-elect Donald Trump's remarks on imposing reciprocal tariffs, a senior official said on Wednesday. US President-elect Donald Trump has said that India charges a lot of tariffs, reiterating his intention to impose reciprocal tariffs in retaliation for what New Delhi will impose on the import of certain American products. Trump made these remarks on Tuesday and also said that India and Brazil were among countries that impose high tariffs on certain US products. India's average tariff stands at 17 per cent, significantly higher than the USA's 3.3 per cent, but comparable to countries like South Korea and China," Global Trade Research Initiative Founder Ajay Srivastava said.

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History of this topic

India’s trade braces for an action-packed 2025
4 hours, 53 minutes ago

India’s trade braces for an action-packed 2025

Live Mint  

India’s external trade, navigating a phase of uncertainty owing to the European Union's new carbon tax on imports and slowing consumption in Europe, is set face further pressure. Yet, according to Pralok Gupta, associate professor, Indian Institute of Foreign Trade, which operates under the ministry of commerce and industry, “If US imposes high tariffs on China, India may face collateral …

DC Edit | Can India beat US in tariff game?
3 days, 10 hours ago

DC Edit | Can India beat US in tariff game?

Deccan Chronicle  

US President-elect Donald Trump’s warning to India about reciprocal taxes against Indian exports if New Delhi does not lower import duties on the American goods hints about the prospective US trade policy, which does not differentiate between ally and adversary. During Mr Trump’s first term, he levied higher tariffs on Indian steel and aluminium, making India retaliate against almonds and …

US envoy's win-win 'lower tariffs' pitch for India amid Trump threat
4 days, 5 hours ago

US envoy's win-win 'lower tariffs' pitch for India amid Trump threat

India Today  

The US Ambassador to India, Eric Garcetti, called for lowering tariffs between India and the US to boost trade between the two nations to enhance trade and ensure a fairer, more balanced partnership between the two nations. His remarks came days after US President-elect Donald Trump vowed to impose reciprocal tariffs on India if the country continues to levy high …

‘Full-scale tariff war with US will shave 0.3% off India's GDP next fiscal’
5 days, 5 hours ago

‘Full-scale tariff war with US will shave 0.3% off India's GDP next fiscal’

New Indian Express  

MUMBAI: The incoming US president Donald Trump’s tariff war warnings, if implemented at the threatened level, will shave 0.3 percent off our GDP next fiscal but will have no impact if the import duty hikes are partial, says a leading domestic brokerage. Trump has been criticising New Delhi’s tariff regime for long, pointing to 100 percent tariffs on certain American …

Trump says India charges lot of tariff, threatens to impose reciprocal tax
Top News
5 days, 23 hours ago

Trump says India charges lot of tariff, threatens to impose reciprocal tax

Deccan Chronicle  

Washington: US President-elect Donald Trump has reiterated his intention to impose reciprocal tariffs in retaliation for the high tariff imposed by India on the import of certain American products. Trump made these remarks on Tuesday and also said that India and Brazil were among countries that impose high tariffs on certain US products. Trump said India and Brazil were among …

Trump Threatens To Impose Reciprocal Tax On India, Says 'If They Tax Us, We Tax Them'
6 days, 2 hours ago

Trump Threatens To Impose Reciprocal Tax On India, Says 'If They Tax Us, We Tax Them'

ABP News  

US President-elect Donald Trump has reiterated his intention to impose reciprocal tariffs in retaliation for the “high tariff” imposed by New Delhi on import of certain American products. Trump said India and Brazil were among countries that impose high tariffs on certain US products. If they want to charge us, that's fine, but we're going to charge them the same …

If they tax us, we tax them: Trump's warning to India over tariffs on US goods
6 days, 3 hours ago

If they tax us, we tax them: Trump's warning to India over tariffs on US goods

India Today  

US President-elect Donald Trump has vowed to impose reciprocal tariffs on India if the country continues to levy high taxes on American goods. Speaking to reporters at his Mar-a-Lago resport on Monday, Trump criticised India's tariff practices, specifically highlighting the 100% tariffs on certain US products. Trump's remarks signal a more confrontational trade stance towards India, a country he singled …

Trump warns India, says 'If they tax us, we tax them over tariffs on US goods'
6 days, 5 hours ago

Trump warns India, says 'If they tax us, we tax them over tariffs on US goods'

India TV News  

US President-elect Donald Trump has reiterated his intention to impose reciprocal tariffs in retaliation for the “high tariff” imposed by New Delhi on import of certain American products. Trump said India and Brazil were among countries that impose high tariffs on certain US products. If they want to charge us, that's fine, but we're going to charge them the same …

Why Donald Trump should tame his love for tariffs
1 week, 3 days ago

Why Donald Trump should tame his love for tariffs

Firstpost  

It should be useful for the Trump administration to review the structural issues and excessive dependence on unilateral and punitive approaches that run counter to his own objectives of Making America Great Again in the short and medium term President Donald Trump loves tariffs, especially when he can unilaterally impose them as a dangling stick, hoping it might turn into …

The great unknown: how a Trump presidency could affect the world, in five charts
1 week, 5 days ago

The great unknown: how a Trump presidency could affect the world, in five charts

Live Mint  

US President Harry S. Truman once famously asked for a “one-handed economist" because he was tired of economists who, instead of giving decisive answers, would say, “On the one hand, this, and on the other hand, that." A plan to impose across-the-board tariffs on Mexico, Canada and China reinforced the view that tariffs would increase prices and keep US interest …

Trump’s proposed tariffs on China, Mexico, and Canada could benefit India - Report
1 week, 6 days ago

Trump’s proposed tariffs on China, Mexico, and Canada could benefit India - Report

Live Mint  

New Delhi, December 10 : India has a significant opportunity to capitalize on export prospects resulting from expected trade disruptions by upcoming US President Donald Trump's tariff policies, says a report by Shriram Mutual Fund. The report outlined how Trump's proposed tariffs on top US import partners--China, Mexico, and Canada--could lead to trade diversion, benefiting countries like India. It said, …

Sanjaya Baru | Driving our foreign trade beyond the Trump bump
2 weeks, 1 day ago

Sanjaya Baru | Driving our foreign trade beyond the Trump bump

Deccan Chronicle  

The impending return to the White House of US President-elect Donald Trump promising high tariffs has raised the alarm around the world and not just in China. While saying nice things about India and Prime Minister Narendra Modi, Mr Trump has indicated that his trade negotiators would again take a close look at India’s tariffs. The return of President Trump …

Donald Trump 2.0 is not a challenge for us, says EAM S Jaishankar
2 weeks, 4 days ago

Donald Trump 2.0 is not a challenge for us, says EAM S Jaishankar

Live Mint  

External Affairs Minister S Jaishankar, during an interactive session at ASSOCHAM in New Delhi on Thursday, emphasized India’s advantageous political relationship with US President-elect Donald Trump, stating that India is in a “much more advantageous position” compared to many other countries in strengthening ties with Trump’s second term. Trump's positive political view of India Jaishankar reflected on the enduring political …

India faces high exposure to US trade policy shift
2 weeks, 4 days ago

India faces high exposure to US trade policy shift

Deccan Chronicle  

Chennai: India will be one of the key economies that are most exposed to a potential trade policy shift in the US under the new regime. The 2025 trade outlook is clouded by potential US policy shifts, including broader tariffs that could disrupt global value chains and impact key trading partners, said UNCTAD in its global trade update. This 3.3 …

Commerce Ministry Reviews India-US Trade Ties Amid Trump’s Controversial Remark
3 weeks ago

Commerce Ministry Reviews India-US Trade Ties Amid Trump’s Controversial Remark

ABP News  

The commerce ministry is reviewing aspects of India-US trade relations, focusing on the implications of statements made by US President-elect Donald Trump during his election campaign and after the results, an official said, according to a PTI report. Trade experts have argued that Trump’s characterisation of India as an "abuser" of tariffs is unfair, as many countries, including the US, …

India needs to be cautious on Trump threat of tariffs
3 weeks ago

India needs to be cautious on Trump threat of tariffs

New Indian Express  

US president-elect Donald Trump’s latest beef about BRICS countries trying to create their own common currency to curb the dominance of the dollar is a typical Trumpian response to what looks like a non-issue. Trump has threatened the BRICS countries with 100 per cent duties on goods sold to the US by these countries if they go ahead with the …

How far Donald Trump’s BRICS tariff threat can become a reality
3 weeks ago

How far Donald Trump’s BRICS tariff threat can become a reality

Firstpost  

Too many overlapping tariffs are likely to harm American interests by raising domestic consumer prices. To put American interests first, President Trump might have to balance his initiatives in Trump 2.0 and distinguish sharply between friend and foe Trump wants reciprocity from perceived friends in Europe, the EU, and NATO, as well as strategic partners such as India and Taiwan …

India confident of better trade ties with US under Donald Trump: Piysuh Goyal
3 weeks, 4 days ago

India confident of better trade ties with US under Donald Trump: Piysuh Goyal

Live Mint  

Union commerce and industry minister Piyush Goyal on Thursday expressed confidence in the resilience of India-US relations as Donald Trump gears up for another term in the White House. India's exports Meanwhile, Goyal said India's total exports, including merchandise and services, are expected to cross $800 billion in 2024-25 despite challenges related to the pandemic and geopolitical crises like the …

Will Donald Trump impose tariffs on India after Mexico, China and Canada?
3 weeks, 5 days ago

Will Donald Trump impose tariffs on India after Mexico, China and Canada?

Firstpost  

US President-elect Donald Trump has vowed to implement additional tariffs on China, Canada and Mexico on day one of his presidency. In the past, he has called India a ‘tariff king’ and a very ‘big abuser’ of tariffs So far, India has not been included in Donald Trump’s initial tariff plans. “This tariff will remain in effect until such time …

Mint Quick Edit | Trump’s non-trade tariff idea raises uncertainty
Trending News
3 weeks, 6 days ago

Mint Quick Edit | Trump’s non-trade tariff idea raises uncertainty

Live Mint  

US President-elect Donald Trump is yet to take office, but he has been causing shudders around the world with what policies he might adopt. On Tuesday, Trump put out a post on social media announcing that his administration would impose a 25% tariff on all goods imported from Mexico and Canada and an additional 10% on China as his first …

Opinion: Making America Gated Again - India should know Trump means tariffs
Trending News
3 weeks, 6 days ago

Opinion: Making America Gated Again - India should know Trump means tariffs

India Today  

If there’s one tool that Donald Trump loves to use against other countries, it’s tariffs. The president-elect telegraphed his intention to impose tariffs on any and every country throughout the election campaign, so no one should be surprised that Trump announced he would impose tariffs on imports from Canada, Mexico, and China on Day 1 unless they took steps to …

Trump 2.0: Trade, Immigration, Manufacturing, and Geopolitical Complexities
3 weeks, 6 days ago

Trump 2.0: Trade, Immigration, Manufacturing, and Geopolitical Complexities

Hindustan Times  

Donald Trump reclaimed the White House in resounding style and now will be sworn in on January 20th, thus marking a rare and remarkable political comeback to serve two non-consecutive terms as the 45th and 47th President. Geopolitical tensions The global stage has become more volatile since Trump left office, and a second term would likely see him grappling with …

Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office
4 weeks ago

Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office

Associated Press  

NEW YORK — President-elect Donald Trump threatened to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his effort to crack down on illegal immigration and drugs. “On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% …

Will India gain as Trump points tariff bazooka at China?
4 weeks ago

Will India gain as Trump points tariff bazooka at China?

India Today  

"It is time for them to pay a very big price!" "Many corporates with factories, establishments and offices affected by higher tariffs would be prone to diversify their production chains to geographies like India, Vietnam, Indonesia and South Korea," Nilanjan Ghosh, Director at ORF, tells India Today Digital. In an interview with India Today TV, geopolitical expert Farid Zakaria said …

Europe may panic but Trump’s return suits India, and Elon-Vivek’s DOGE agenda suits New Delhi even more
4 weeks, 1 day ago

Europe may panic but Trump’s return suits India, and Elon-Vivek’s DOGE agenda suits New Delhi even more

Firstpost  

Given India’s own troubles with the shadowy, all-pervading Deep State that dictates the major tenets of America’s foreign policy, India can only hope that Trump succeeds Donald Trump’s second term has raised the collective blood pressure in Europe. Modi was among the first three world leaders to telephone Trump to applaud him on his victory, and in a post on …

Trump’s policies may open new doors for India’s defence sector: Report
Trending News
4 weeks, 1 day ago

Trump’s policies may open new doors for India’s defence sector: Report

Live Mint  

New Delhi, November 25 : The "America First" trade policy promoted by upcoming U.S. President Donald Trump has far-reaching implications for global trade and geopolitics. It said "Indian businesses in sectors such as pharmaceuticals and defense might also find new opportunities, especially if U.S.- India collaboration strengthens. The report said "increased tariffs might prompt retaliatory measures from trade partners, potentially …

Trump’s tariff proposal opens opportunity for India: Virmani
4 weeks, 1 day ago

Trump’s tariff proposal opens opportunity for India: Virmani

Live Mint  

New Delhi: US President-elect Donald Trump’s pre-election threat of stepping up import tariffs could translate into an opportunity for India to capture a larger share of the US market in the medium term as it could accelerate the re-orientation of global supply chains away from China, federal policy think tank NITI Aayog member Arvind Virmani said in an interview. Relative …

Imposing tariffs on India ’really bad’, will lead to trade war, US Congressman-elect Subramanyam on immigration & more
1 month ago

Imposing tariffs on India ’really bad’, will lead to trade war, US Congressman-elect Subramanyam on immigration & more

Live Mint  

US Congressman-elect Suhas Subramanyam has expressed strong opposition to imposing tariffs on Indian imports, warning that such a move could trigger a trade war between the two countries. As Trump prepares to assume office, there is growing concern that his administration may impose higher tariffs on Indian exports, potentially straining trade relations between the two nations. Suhas Subramanyam, 38, has …

Trump's tariffs will worry India, but wait, there’s more
1 month ago

Trump's tariffs will worry India, but wait, there’s more

Live Mint  

The return of Donald Trump to the US presidency has raised fears worldwide of a trade war. This resulted in a trade war with several countries, including China and India, which imposed retaliatory tariffs on US goods. Besides an increase in average tariffs on Indian imports, the number of tariff lines subject to tariffs of 25% or more rose from …

Will US-India thrive under Trump amid 'China factor'? Fareed Zakaria explains
1 month ago

Will US-India thrive under Trump amid 'China factor'? Fareed Zakaria explains

India Today  

Veteran journalist and geopolitical expert Fareed Zakaria on Monday expressed optimism about the trajectory of US-India relations under Donald Trump's regime and believed it to be a "golden opportunity" for India to end China's monopoly in manufacturing. Speaking to India Today TV's News Director Rahul Kanwal, Zakaria highlighted Trump's admiration for Prime Minister Narendra Modi and predicted continued strengthening of …

Textiles, auto components and telecom vulnerable to tariff war
1 month, 1 week ago

Textiles, auto components and telecom vulnerable to tariff war

Deccan Chronicle  

Chennai: US, being the largest market for India, probable tariff hikes under the Trump presidency can impact shipments of certain segments, including textiles, chemicals, metal products, and telecom products. Any adverse policy action around tariffs or taxes could affect India's competitiveness against countries like Bangladesh and Vietnam. Any rise in duties could impact the Indian export volumes substantially, which may …

Will India be a winner or loser when Trump unleashes trade war?
1 month, 1 week ago

Will India be a winner or loser when Trump unleashes trade war?

New Indian Express  

One need not even look that far to determine who actually benefits from trade wars. As for India, the incoming US administration under Trump may choose to intensify trade frictions and if the proposed 10%-20% tariff hikes are indeed imposed, it'll adversely affect us, potentially altering the balance of trade, which remains in India’s favour with a surplus of $35.3 …

Expect trade turmoil with Trump comeback
Trending News
1 month, 1 week ago

Expect trade turmoil with Trump comeback

Hindustan Times  

Two promises that United States President-elect Donald Trump made during his election campaign could form the core of his economic policy: First, his promise to raise tariffs on everything that the world’s largest economy imports by 10-20%, and second, his pledge to take manufacturing jobs from foreign countries by offering incentives to encourage companies to relocate to the US. Trump’s …

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue
1 month, 1 week ago

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue

Firstpost  

Apple’s production increase hinges on the policies of US President Donald Trump, who has repeatedly expressed his intent to impose steep tariffs, between 60-100 per cent, on goods imported from China If Apple implements these plans, India’s share of global iPhone production could rise to over 26 per cent, a substantial jump from the current 12-14 per cent. The Economic …

US Elections 2024: 5 key points from Donald Trump’s election manifesto that may impact India
1 month, 1 week ago

US Elections 2024: 5 key points from Donald Trump’s election manifesto that may impact India

Live Mint  

Donald Trump has secured his return to the White House as the 47th President of the United States, following a highly-competitive election on November 5, 2024. Trump’s Policy Agenda 5 key points from Donald Trump’s election manifesto that may impact India: Tax Reforms: As per the report, Trump’s policy platform emphasises extending the 2017 Tax Cuts and Jobs Act, which …

India bets on Modi-Trump warmth to navigate choppy future with US
Trending News
1 month, 2 weeks ago

India bets on Modi-Trump warmth to navigate choppy future with US

Al Jazeera  

New Delhi, India — During his campaign for re-election, Donald Trump repeatedly threatened major tariffs on imports from a range of countries. Now, Trump’s “America First” agenda — which aims to offset domestic tax cuts by imposing higher tariffs on imports — could disrupt that relationship. “During the first term, Trump got into this whole ‘protectionist mode’, but upon his …

India poised to gain from Trump’s potential tariff hike on China, says report
1 month, 2 weeks ago

India poised to gain from Trump’s potential tariff hike on China, says report

Live Mint  

Following Donald Trump's victory in the U.S. presidential elections, a report from CareEdge suggests that India could benefit from potential shifts in global trade dynamics if Trump moves forward with plans to impose high tariffs on Chinese imports. Such policies aim to reduce the U.S. dependence on Chinese imports, a move that could disrupt established trade channels and prompt companies …

India could benefit from re-orientation of global supply chain away from China after Trump victory: Report
Trending News
1 month, 2 weeks ago

India could benefit from re-orientation of global supply chain away from China after Trump victory: Report

Op India  

After the victory of the Donald Trump in the US Presidential elections, India could benefit from any re-orientation of the global supply chain away from China says a report from Care Edge As per the report, Trump has proposed imposing high tariffs on imports from China, which could lead to changes in global trade dynamics, creating opportunities for India. It …

From the India Today Archives (2017): How India should deal with Donald Trump
1 month, 2 weeks ago

From the India Today Archives (2017): How India should deal with Donald Trump

India Today  

"I like thinking big. For those foxed by Trump’s blitzkrieg of measures and his shifting stands on some key issues, it’s worth recalling that his second maxim for success is "maximise your options". Trump may also egg Modi on to support his trade war with China-something India may not like to play along with, given Trump’s recent flip-flops while dealing …

Should India worry about Donald Trump's tariff plans? Ruchir Sharma explains
1 month, 2 weeks ago

Should India worry about Donald Trump's tariff plans? Ruchir Sharma explains

India Today  

Ace investor and author Ruchir Sharma warned that Donald Trump is likely to impose more aggressive tariffs in his second term. "I think America has just become a much less dependable ally currently and tomorrow, if America sees it in its interest to cut a deal with China, for whatever reason, they're not going to think about 'Oh, India is …

Watch | Trump 2.0: What should India watch out for?
1 month, 2 weeks ago

Watch | Trump 2.0: What should India watch out for?

The Hindu  

The world view of many countries, especially the U.S. has definitely changed with this week’s election results. Less U.S. pressure on democracy, minority rights, press freedoms More muted comments on the Pannun-Nijjar issue, and given Trump’s tensions with Trudeau, less worry that India-Canada ties could affect India-US ties. What then are the negatives New Delhi should watch out for: Trump’s …

As Trump vows America First, what’s in store for China & India in Indo-Pacific?
1 month, 2 weeks ago

As Trump vows America First, what’s in store for China & India in Indo-Pacific?

Firstpost  

In sharp deviation from outgoing US President Joe Biden, a lifelong internationalist, President-elect Donald Trump is a brutal transanctionalist who largely sees the world from the point of view of trade and tariffs Former US President Donald Trump has the potential to transform the American government institition for decades. However, now as China is facing economic woes, it remains to …

‘MAGA, India First’: Why Donald Trump's return will solidify India-US trade, security ties
1 month, 2 weeks ago

‘MAGA, India First’: Why Donald Trump's return will solidify India-US trade, security ties

Hindustan Times  

The Narendra Modi government and the Indian people are very optimistic about the forthcoming US Presidency of Donald Trump despite exaggerated concerns over trade tariff issues between the two natural allies when the Republican leader takes over the reins of power on January 20, 2025. The warm conversation between the two leaders lasted around 30 minutes with President-elect Trump calling …

Harley-Davidson tariffs to be cut after Trump's return? Piyush Goyal responds
1 month, 2 weeks ago

Harley-Davidson tariffs to be cut after Trump's return? Piyush Goyal responds

India Today  

Commerce and Industry Minister Piyush Goyal indicated that India may be open to Donald Trump’s longstanding request to lower tariffs on Harley-Davidson motorcycles, often considered a symbol of American manufacturing. The minister made this statement in response to a question on whether India would consider reducing tariffs following Trump’s victory in the US presidential elections. However, Goyal’s comments reflect India’s …

Trump's potential return sparks concerns over Indo-US trade ties, tariffs
Trending News
1 month, 2 weeks ago

Trump's potential return sparks concerns over Indo-US trade ties, tariffs

New Indian Express  

Donald Trump’s return as the 47th president of the US will likely put Indo-US trade ties under sharp focus. Trump has promised a fresh wave of tariffs under his ‘America first’ stance, which may adversely affect countries like India and its key sectors such IT, pharmaceuticals, textiles, chemicals and automotive parts. He even proposed import duty increases of 10-20 percent …

DC Edit | Delhi needs to learn how to work with Trump’s US
1 month, 2 weeks ago

DC Edit | Delhi needs to learn how to work with Trump’s US

Deccan Chronicle  

Reservations had been expressed during his long and successful campaign over Mr Donald Trump’s unpredictable character, his convictions for felony, his liking for autocrats and his fitness for the office of the President of the United States. Truth to tell, the world will have to learn to live with Trump’s America and India is one country in Asia that would …

How Trump’s ‘America-first’ agenda will push India-US friendship to its limit
1 month, 2 weeks ago

How Trump’s ‘America-first’ agenda will push India-US friendship to its limit

Firstpost  

US President-elect Donald Trump has shared bonhomie with India over the years. The bear hugs and bonhomie both men have shared during their official encounters belie Trump’s occasionally aggressive posture towards New Delhi in his first term, when he dubbed India a “tariff king” and “trade abuser”. Trump pledged to impose “reciprocal” tariffs on countries that have trade surpluses with …

Trump’s Return: Key focus on trade and fiscal policies after US Election 2024 win, says Nuvama
1 month, 2 weeks ago

Trump’s Return: Key focus on trade and fiscal policies after US Election 2024 win, says Nuvama

Live Mint  

With Donald Trump poised to make a comeback to the White House, two specific areas of policy making require careful observation—trade policy and fiscal policy, according to a report from brokerage firm Nuvama Institutional Equities. Following Donald Trump's victory over Kamala Harris in the tightly contested 2024 US Presidential Election, Nuvama also said that it is premature to evaluate the …

Trump's America First Agenda May Tighten H-1B Visa Rules: Experts
1 month, 2 weeks ago

Trump's America First Agenda May Tighten H-1B Visa Rules: Experts

Deccan Chronicle  

New Delhi: With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the 'America First' agenda, opined trade experts. Global Trade Research Initiative Founder Ajay Srivastava said that Trump may extend tariffs beyond China to include India and other …

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