When 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."
August 8, 2025"There are other available markets that the Indian industry is free to look at," he added, suggesting that exporters may shift focus beyond the US.
August 8, 2025Exporters warn that the new trade barrier will lead to mass order cancellations, financial strain, and a diversion of business to competitors like Bangladesh, Vietnam, and Pakistan.
August 8, 2025The US President recently signed an Executive Order imposing an additional 25% tariff on Indian imports, raising the total to 50%.
August 7, 2025Owaisi also targeted Prime Minister Narendra Modi and the ruling BJP, accusing them of compromising India's strategic autonomy to benefit their "billionaire friends."
August 7, 2025Yadav also took aim at Prime Minister Modi’s recent remarks that farmers are India’s top priority, calling them a belated concern.
August 7, 2025Kharge criticised the Modi government’s handling of India–US trade relations, alleging that diplomatic failure had led to a massive blow to Indian exports.
August 7, 2025The tariff escalation is seen as part of ongoing trade tensions, with the U.S. demanding greater access to India’s agricultural market, particularly for corn, soybeans, and cotton.
August 7, 2025He clarified that the tariffs on India, which were hiked to 50 per cent, stem from a national security concern linked to India’s continued oil imports from Russia, despite U.S. requests to halt them.
August 7, 2025The latest tariff hike effectively makes Indian exports to the US 50 per cent more expensive, prompting concerns over trade relations and triggering a broad-based sell-off across sectors.
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