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
South Korea’s Exports Soar in July, Fueled by Semiconductors and Tariff ‘Front-Loading’ South Korea’s export momentum remained strong in July, with customs data showing a 5.9% increase from a year earlier, exceeding the consensus forecast of 5.1%. This growth was primarily driven by robust demand for semiconductors and solid vehicle sales. A significant factor behind … Read more
U.S. President Donald Trump has announced a new set of tariffs on goods from dozens of countries, effective on or after August 8, 2025. The White House has released a detailed list of these “reciprocal tariffs” that are being imposed to address what the administration calls trade imbalances and unfair practices. Key Tariff Rates Context … 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
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
US and Pakistan Ink Trade Deal, Trump Hints at Future Oil Sales to India Islamabad/Washington D.C. – On Thursday, July 31, the United States and Pakistan finalized a trade agreement. The deal aims to significantly reduce reciprocal tariffs, particularly benefiting Pakistani exports to the US. While the new tariff rates weren’t immediately specified, Pakistan had … Read more
A US delegation is set to arrive in New Delhi on August 25 for the sixth round of trade talks with India. These discussions are crucial as both nations race to finalize an interim trade deal before the looming August 1 tariff deadline, when the suspension of US-imposed tariffs is slated to expire. Key Issues … Read more
