Trump recently doubled India’s tariffs to 50 per cent, raising an additional 25 per cent on the previously announced 25 per cent duty. According to Leavitt, the move was intended as “secondary pressure” on Moscow.
August 20, 2025ICRIER observed that buyers in these categories can easily switch sourcing, which gives US importers leverage and weakens India’s position in negotiations.
August 16, 2025His remarks come against the backdrop of heightened trade tensions with the United States, which has imposed a 25% additional tariff on Indian goods, terming it a ‘penalty’ for India’s purchase of Russian oil.
August 15, 2025“If you cave in to a bully, then the bully will increase his demands,” Swarup told ANI, cautioning that giving in would only embolden further demands.
August 14, 2025India’s Ministry of External Affairs condemned the move as “unfair, unjustified and unreasonable” and vowed to take “all actions necessary to protect its national interests.”
August 13, 2025Chouhan argued that US farmers operate vast holdings of 10,000–15,000 hectares with lower costs due to genetically modified (GM) seeds, while Indian farmers often work on just one to three acres, sometimes even less.
August 13, 2025In the last fiscal, the US accounted for 20 per cent of India's merchandise exports and 2 per cent of its overall GDP.
August 12, 2025India's Consumer Price Index (CPI) data is also due today and is expected to remain well below the Reserve Bank of India's targets.
August 12, 2025Speaking on Monday, Trump described current relations with China as positive, saying, “They’ve been dealing quite nicely. The relationship is very good with President Xi [Jinping] and myself.”
August 12, 2025When asked on comments on Trump's executive order to place an additional 25 percent tariff on India for its purchases of Russian oil, he said, "China's opposition to the abuse of tariffs is consistent and clear."
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