India’s Economic Outlook Amid US Tariffs The US tariffs are impacting India’s economy, leading to a projected dip in GDP and potential challenges for key industries. Economists Soumya Kanti Ghosh of the State Bank of India and Lakshmanan V. of Federal Bank have weighed in on the situation, highlighting both the risks and potential solutions. … Read more
In a significant blow to Indian exporters, U.S. President Donald Trump has imposed a new 25% tariff on Indian goods, bringing the total duty on many products to 50%. This measure, a penalty for India’s continued purchase of Russian oil, is expected to severely impact several key sectors of India’s economy. The first 25% tariff … Read more
As global supply chains realign, India is strategically positioning itself to become a significant player in the U.S. medical device market, aiming to fill the vacuum created by impending U.S. tariffs on Chinese products. The Indian government and industry are in talks to seize this opportunity, contingent on favorable tariff differentials and a streamlined regulatory … Read more
Trump Imposes 25% Tariff on Indian Imports, Citing Trade and Russia Ties New Delhi, India – July 31, 2025 – US President Donald Trump has announced a significant 25% tariff on Indian imports, set to take effect on August 1, 2025. This move, which also includes an unspecified “penalty” related to India’s energy and defense … Read more
Trump Announces Stiff Tariffs on India, Cites High Duties and Russia Ties Washington D.C. – In a forceful declaration on July 30, 2025, President Donald Trump announced a 25% tariff on all goods imported from India, effective August 1, 2025. This move, shared via his Truth Social platform, also includes an unspecified “penalty” for India’s … Read more