Tag: US Tariff

US, Mexico Extend Tariff Agreement Amid Ongoing Trade Talks; White House Commits to ‘Good Faith’ Cooperation

The two leaders discussed a temporary extension of existing tariffs and pledged continued dialogue toward a comprehensive trade agreement.

August 1, 2025

Akhilesh Yadav Questions Timing of Malegaon Verdict, Suggests It May Distract from US Tariff Shock

Simultaneously, former US President Donald Trump announced on his platform Truth Social that the US would impose 25% tariffs on Indian goods starting August 1.

July 31, 2025

Sensex Sinks 500 Points, Nifty Slips Amid US Tariff Shock; Experts See Short-Term Impact

At market opening, the benchmark NIFTY 50 index fell 212.80 points or 0.86 per cent to 24,642.25, while the BSE Sensex plunged 786.36 points or 0.97 per cent to 80,695.50.

July 31, 2025

Trump Imposes 25% Tariff on India, Warns of Penalty Over Russian Oil Ties but Says Talks Ongoing

He emphasized that India, despite being a US ally, has done "relatively little business" with the US due to these trade barriers.

July 31, 2025

India Should Step Up as Global Democratic Leader Amid Trump’s Trade Turmoil: Former US Official

“This is typical Trump—creating pressure and chaos on a bilateral basis so he can appear as the problem solver,” Vickery remarked.

July 31, 2025

Trump’s 25% Tariff Threat on India Is a ‘Negotiating Tactic’, Says Former US Diplomat

Earlier in the day, Trump posted on Truth Social that India would face a 25 per cent tariff and an additional penalty starting August 1, citing India’s high tariffs, restrictive trade practices, and its continued defence and energy ties with Russia.

July 31, 2025

25% US Tariff to Hit Indian Exports, Manufacturing Sector May Face Ripple Effect: Subhash Goyal

Goyal stressed the need for India to rethink its export strategy and reduce over-dependence on the American market by exploring opportunities in Asia and Europe.

July 31, 2025

Trump Imposes 50% Tariff on Brazil, Citing National Security and Human Rights Concerns

"The Brazilian government’s actions have harmed U.S. companies, suppressed the free speech rights of U.S. citizens, and endangered U.S. foreign policy and economic stability," the White House statement said.

July 31, 2025

Trump’s 25% Tariff on Indian Goods Sparks Industry Alarm, But Experts See Scope for Trade Diversification

Economist Suriya Narayanan described the development as a "setback for Indian exporters," highlighting that previously zero-tariff exports such as pharmaceuticals and metals will now face additional costs.

July 31, 2025

Trump Says India-US Trade Deal Progressing Well, Hints at 20–25% Tariffs on Indian Goods

While he signaled tough action, Trump has yet to send any formal notice to New Delhi about specific tariff measures, unlike previous communications sent to other countries.

July 30, 2025