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Searched Tag: us tariffs
The US remained India’s largest trading partner for the fourth consecutive year in 2024-25, with bilateral trade valued at USD 131.84 billion (USD 86.5 billion exports). It accounts for about 18 per cent of India’s total goods exports, 6.22 per cent in imports, and 10.73 per cent in the country’s total merchandise trade

India, US in ‘continuous’ discussions for trade pact: Goyal

November 5, 2025, 11:35 PM - 3 min read

In New Zealand on a four-day visit to discuss the India-New Zealand free trade agreement (FTA), Goyal seemed to reiterate the White House’s comment earlier on Wednesday about Prime Minister Narendra Modi being in constant touch with US President, Donald Trump

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However, Nayara Energy's Vadinar refinery, partially owned by Rosneft and already under EU sanctions, is likely to maintain its Russian crude intake

India to stop direct Russian crude imports by year-end

November 5, 2025, 03:51 PM - 3 min read

Amid sanctions and threats by US President Donald Trump to ramp up punitive measures against India for buying Russian crude, India is set to massively cut down its Russian crude oil purchases from late November onwards, as per analysts and data by a maritime intelligence firm

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The commission also announced that China will lift some tariffs of up to 15 per cent on US agricultural goods from November 10

China to suspend 24 pc tariff on US goods, but retain 10 pc levy

November 5, 2025, 11:02 AM - 2 min read

The truce reached between the US and China last week, which was reached after China’s agreement to buy US soybeans and pause restrictions on rare earth minerals and magnets, is said to be fragile

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Supreme Court to hear Trump tariff powers case Nov 5.

Trump calls tariff case most crucial in US history

November 3, 2025, 09:45 AM - 4 min read

US President Donald Trump on Sunday described the upcoming Supreme Court case on tariffs as one of the most significant in American history, saying the ruling would determine the country's economic strength and national security. 

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China’s eight-day ‘Golden Week’ national holiday in October contributed to slower factory activity, said Huo Lihui, chief statistician at the Bureau of Statistics

China’s factory activity shrinks for 7th month in October

October 31, 2025, 11:54 AM - 3 min read

The recent truce in the trade war between US and China has offered renewed hope for recovery in exports, while China also plans to focus on increasing domestic consumption

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Since the House passed a measure last month that blocks votes challenging Trump’s tariffs into next year, it is unlikely that the Senate’s rebuke of Trump’s tariffs will be taken up any time soon

US Senate votes against Trump’s tariffs on Brazil

October 29, 2025, 04:22 PM - 2 min read

While the resolution against Trump administration’s 50 per cent tariffs on Brazil may only be symbolic for now, the rebuke comes as an offensive against the US President’s aggressive economic stance against most countries of the world

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Trump has "terminated' all trade talks with Canada, weeks after Mark Carney visited the White House to mend trade ties with Washington.

Trump halts Canada trade talks over Reagan ad controversy

October 24, 2025, 08:59 AM - 2 min read

Trump's decision comes after he accused Ottawa of misquoting former president Ronald Reagan in an advertising campaign against tariffs.

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On Monday, the rupee had settled nine paise higher at 87.93 against the greenback

Rupee appreciates 7 paise to close at 87.86 against USD

October 23, 2025, 04:51 PM - 2 min read

Positive trends in domestic equities and a higher risk-taking sentiment in investors supported the domestic unit, which closed higher on Thursday

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The Union Minister’s visit follows the conclusion of the 14th round of talks between the two sides from October 6 to October 10

India, EU have ‘productive’ engagement on trade deal issues

October 22, 2025, 10:29 PM - 3 min read

The Union Commerce and Industry Minister, Piyush Goyal, met EU Trade Commissioner, Maros Sefcovic, in Geneva on the sidelines of the 16th session of the United Nations Conference on Trade and Development (UNCTAD16)

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On July 31 this year, US President Donald Trump announced a 40 per cent tariff on goods deemed to have been trans-shipped.

US trans-shipment tariff will impact ASEAN economies: Moody’s

October 22, 2025, 04:16 PM - 3 min read

Not only is the definition of ‘trans-shipment tariffs’ unclear, the 40 per cent tariffs levied on products originating in China and shipping through third countries will impact trade in the Asia-Pacific region, says a report by Moody’s

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Japanese auto shipments to the US were the worst hit, dropping 24.2 per cent in September alone

Japan’s exports and imports growth in September defies US tariffs

October 22, 2025, 01:53 PM - 3 min read

Robust shipments from Japan to Asia in September offset a decline in exports to the US after heavy tariffs were imposed by US President Donald Trump’s administration

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Trump stays inflexible and non-conceding, likening his stance on tariffs as a master move and even means to global peace.

Trump’s tariffs hit home, Americans feel the pinch

October 13, 2025, 01:48 PM - 6 min read

As the US President’s sweeping import tariffs finally come to reflect in clothing to coffee aisles of supermarkets, it is the lower-income American that remains the hardest hit by tariff-induced inflation.

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