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
India Ramps Up Energy Imports from US Amid Geopolitical Shifts India is significantly increasing its energy imports from the United States, a strategic move to diversify its supply and strengthen bilateral ties. This comes at a time of rising geopolitical tensions and trade disputes, particularly with the US imposing new tariffs. Soaring Crude Oil Imports … Read more
Trump Imposes 25% Tariff on Indian Imports, Citing Trade Practices and Russia Ties; India Reacts Strongly New Delhi, India – US President Donald Trump has announced a 25% tariff on all Indian imports, effective August 1, alongside additional “penalty tariffs.” The move, which has been met with sharp criticism and concern from India’s trade and … Read more
In a significant move to bolster US-India agricultural trade, NITI Aayog, India’s government think tank, is pushing for a strategic shift in import policies. Their recent working paper advocates for the import of genetically modified (GM) soybeans and corn from the U.S., despite the current ban and ongoing judicial scrutiny in India. The proposal aims … Read more
