Donald Trump expects India to cut tariffs on US products, but ‘will charge them same tariffs from April 2’
6 days, 14 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 trade During Prime Minister Narendra Modi's visit to Washington last month, India and the US pledged to more than double their bilateral trade to USD 500 billion by 2030. India exported USD 83.77 billion worth of goods to the U.S. while importing USD 40.12 billion, resulting in a trade surplus of USD 43.65 billion for India.

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History of this topic

How India should respond to Trump’s reciprocal tariff threat
10 hours, 41 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
11 hours, 6 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 and Canada work to ease tensions amid Trump’s tariff threats: Report
Trending News
12 hours, 12 minutes ago

India and Canada work to ease tensions amid Trump’s tariff threats: Report

Firstpost  

New Delhi and Ottawa are planning to send back their respective envoys after they were expelled last year as ties between the two countries hit rock bottom over the Khalistani issue With just a week to go before US President Donald Trump’s reciprocal tariffs kick in, India and Canada have decided to ease diplomatic tensions and work together to tackle …

India, US trade talks may go beyond tariffs
17 hours, 24 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 …

Trump has begun another trade war. Here’s a timeline of how we got here
1 day, 2 hours ago

Trump has begun another trade war. Here’s a timeline of how we got here

Associated Press  

NEW YORK — Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a global trade war — all while on-again, off-again new levies continue to escalate uncertainty. On his first day in office, Trump also says he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to immediately flesh out plans …

With Trump Tariffs On Horizon, India-US Trade Agreement Talks To Begin Tomorrow
1 day, 5 hours 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, 7 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, 9 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, 12 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, 13 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 …

Trump pledges auto, pharma tariffs soon, hints at reciprocal tariff breaks as nations cut deals
1 day, 15 hours ago

Trump pledges auto, pharma tariffs soon, hints at reciprocal tariff breaks as nations cut deals

Firstpost  

US President Donald Trump has pledged to impose tariffs on automobiles and pharmaceuticals soon and has hinted at giving breaks from reciprocal tariffs to nations the United States is in talks with at the moment, such as India In the latest case of his topsy turvy tariff war, US President Donald Trump has pledged to impose tariffs on automobile and …

India, China could be affected as Trump plans tariffs on Venezuelan oil buyers
Top News
1 day, 19 hours ago

India, China could be affected as Trump plans tariffs on Venezuelan oil buyers

Hindustan Times  

US President Donald Trump on Monday announced steep tariffs on imports from countries buying Venezuelan oil and gas, a move that could affect major economies like China and India and add to global trade uncertainty, reported AFP. The latest 25 percent tariffs, targeting direct and indirect buyers of Venezuelan oil, could take effect as early as April 2, according to …

Assistant US trade rep to arrive today for talks on tariffs
1 day, 20 hours ago

Assistant US trade rep to arrive today for talks on tariffs

Hindustan Times  

A US team led by assistant trade representative Brendan Lynch will arrive in New Delhi on Tuesday for trade discussions with Indian counterparts a little more than a week before President Donald Trump’s April 2 deadline for imposing reciprocal tariffs. Trump’s threat of imposing reciprocal tariffs from April 2 have given rise to fears of an escalating trade war around …

Donald Trump to impose sharp tariff on countries buying Venezuelan oil and gas; Is India at risk?
2 days, 3 hours 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, 6 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, 9 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, 13 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 …

Government says negotiations with US underway for trade-deal framework
5 days, 20 hours ago

Government says negotiations with US underway for trade-deal framework

India Today  

With just 11 days left for US President Donald Trump's tit-for-tat tariff to kick in, India on Friday said its negotiations with Washington are underway to build a framework for a bilateral trade pact that would address issues relating to levies and market access. India remains engaged with the US administration at "various levels" to arrive at a mutually-beneficial trade …

'They’re one of the highest...': Trump flags 'the only problem' he has with India
6 days, 2 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
6 days, 2 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, 12 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 …

Tariff-proofing India’s exports
6 days, 13 hours ago

Tariff-proofing India’s exports

Hindustan Times  

The tariff turmoil from the United States is emerging as the biggest ‘known unknown’ for the global economy in 2025. Indian economy For some time now, the relative stability of the World Trade Organization -refereed trade regime has cultivated a wide-spread complacency with global trade ballooning nearly five times since the creation of WTO. The long entrenchment in stable global …

Trump Believes India May Lower Tariffs On US, But Reiterates April 2 Deadline
6 days, 15 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, 20 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 and US move forward with bilateral trade agreement, but no talks on reciprocal tariffs
1 week, 2 days ago

India and US move forward with bilateral trade agreement, but no talks on reciprocal tariffs

Live Mint  

New Delhi: India is focusing its US engagement on a trade deal rather than Washington's contentious plans to impose reciprocal tariffs. According to three senior government officials, India is not engaging with the US on reciprocal tariffs; instead, discussions remain centered on shaping a proposed Bilateral Trade Agreement. India's focus on the bilateral trade agreement comes amid a lack of …

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 …

SBI report pegs India as a gainer in an increasingly uncertain world of tariffs
1 week, 2 days ago

SBI report pegs India as a gainer in an increasingly uncertain world of tariffs

Hindustan Times  

New Delhi March 17 : US President Donald Trump's plan to impose reciprocal tariffs may only lead to a 3-3.5 per cent decline in Indian exports, and the effect will be negated by higher exports, according to SBI Research released on Monday. India's focus on FTAs, digital trade, and export expansion may help it navigate uncertainties and emerge stronger in …

Donald Trump adamant on April 2 reciprocal tariff plan, vows ‘liberating day for US’
1 week, 2 days ago

Donald Trump adamant on April 2 reciprocal tariff plan, vows ‘liberating day for US’

Hindustan Times  

Donald Trump said on Sunday that he has no intention to create exemptions on steel and aluminium tariffs and said that reciprocal tariffs on US trade partners will be imposed on April 2 alongside sectoral tariffs. Reciprocal tariffs would mean that the Trump administration would impose tariff rates on imports into the US based a calculation incorporating tariff and non-tariff …

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 …

Trump, trade and tariffs | A time for something grand and big
1 week, 3 days ago

Trump, trade and tariffs | A time for something grand and big

India Today  

Donald Trump has been in office for just over a month, but has already sent shock waves across the realms of geopolitics and world trade. At the India Today Conclave, Lutnick participated live from Washington D.C. and took questions on a range of issues ranging from reciprocal tariffs, America’s bilateral relations with India and China, arms supply to India, the …

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 …

Donald Trump wants India to drink Kentucky bourbon. Here’s why
1 week, 6 days ago

Donald Trump wants India to drink Kentucky bourbon. Here’s why

Firstpost  

A spokesperson for US President Donald Trump has yet again taken aim at India’s tariffs on American alcohol. White House Press Secretary Karoline Leavitt on Tuesday, answering a question on Canada during a press briefing, slammed India for its high tariffs on US alcohol. A spokesperson for US President Donald Trump has singled out India’s tariffs on American alcohol. You …

Donald Trump’s fresh warning: US will impose 200% tariff on wine, champagne from France, other EU countries, if…
1 week, 6 days ago

Donald Trump’s fresh warning: US will impose 200% tariff on wine, champagne from France, other EU countries, if…

Live Mint  

Escalating the trade war between the US and the EU, President Donald Trump on Thursday threatened to impose 200 per cent tariffs on wine, champagne and other alcoholic beverages from France and other European Union countries. In a post on Truth Social, Trump threatened a 200 per cent wine tariff if the EU doesn’t repeal a tax on US whiskey. …

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 …

As global tariff tensions rise, here's the latest on U.S. trade with top partners
1 week, 6 days ago

As global tariff tensions rise, here's the latest on U.S. trade with top partners

NPR  

As global tariff tensions rise, here's the latest on U.S. trade with top partners toggle caption Cole Burston/AFP via Getty Images In less than two weeks, President Trump has upended global markets by imposing tariffs on imports from several of America's top trading partners. The United Kingdom Unlike the EU, the U.K. has taken what British Prime Minister Keir Starmer …

EU-US trade tariffs in figures
2 weeks ago

EU-US trade tariffs in figures

Hindustan Times  

Harley Davidson motorbikes and tomato ketchup were on the list of countermeasures the European Union has announced after US President Donald Trump's blanket tariffs on steel and aluminium imports. The EU garnered around three billion euros in customs duties on US imports in 2023, the Commission said, while the United States earned seven billion euros from its imports from the …

Canada announces additional tariffs of $29 billion on U.S. goods
2 weeks ago

Canada announces additional tariffs of $29 billion on U.S. goods

The Hindu  

Major U.S. trading partners announced countermeasures on Wednesday to President Donald Trump's blanket steel and aluminum tariffs, hours after the levies took effect in a salvo that fueled trade tensions globally. Canada announces additional tariffs of $29 billion on U.S. goods The European Commission swiftly unveiled retaliation starting in April, while Canada announced additional tariffs on US goods and China …

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 …

U.S. President Donald Trump's 25% tariffs on all steel, aluminum imports go into effect
Trending News
2 weeks ago

U.S. President Donald Trump's 25% tariffs on all steel, aluminum imports go into effect

The Hindu  

U.S. President Donald Trump officially increased tariffs on all steel and aluminum imports to 25% on Wednesday, promising that the taxes would help create U.S. factory jobs at a time when his seesawing tariff threats are jolting the stock market and raising fears of an economic slowdown. That's a bigger win than the tariffs themselves, but the tariffs are going …

India charges 150% tariff on American alcohol: White House Press Secretary
2 weeks ago

India charges 150% tariff on American alcohol: White House Press Secretary

The Hindu  

The U.S. again raised the issue of tariffs that India imposes on its goods, citing high tariffs on American alcohol and agricultural products. White House Press Secretary Karoline Leavitt on Tuesday made references to high tariffs by India during a press briefing when she was responding to a question on Canada. #WATCH | Washington, DC: Press Secretary Karoline Leavitt says, …

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