19 h. ago US tariff damps holiday mood of India’s jewellers as exports set to fall by 70%

India’s gem and jewellery businesses face a bleak year-end holiday season following Washington’s decision to slap a 50 per cent tariff on the country’s exports, as they warn the move could affect more than two-thirds of their shipments to the United States. On Wednesday, the tariff on India’s exports to the US took effect in response to New Delhi’s purchases of Russian oil and weapons. “With the imposition of a 50 per cent tariff, we expect exports to the US to decline by more than 70 per cent....

Politics

22 h. ago Trump tariffs live updates: Trump seeks Supreme Court 'emergency' hearing, rules out India tariff cuts

Trump tariffs live updates: Trump seeks Supreme Court 'emergency' hearing, rules out India tariff cuts  Yahoo Finance

Politics

32 h. ago Indian textile industry must dig deep to survive US tariff shock

The Indian textile industry is staring down its worst crisis yet, as an additional 25 per cent tariff imposed by US President Donald Trump on India for buying Russian oil came into effect on August 27, taking the total levy on India’s exports to the United States to a staggering 50 per cent. Trump’s astounding tariffs not only threaten the successful 25-year-old trade partnership between the two countries but are also becoming a defining moment for India’s textiles, posing an existential threat...

Events

43 h. ago Trump tariffs live updates: Bessent sees Supreme Court upholding tariffs as Trump blasts India

Trump tariffs live updates: Bessent sees Supreme Court upholding tariffs as Trump blasts India  Yahoo Finance

Politics

63 h. ago Trump claims India offered zero tariffs on US goods, slams ‘one

US President Donald Trump said on Monday that India has offered to reduce its tariffs on US goods to zero, even as Indian Prime Minister Narendra Modi was making public shows of solidarity with Chinese and Russian leaders in the face of trade pressure from Washington. While calling the US relationship with India “one-sided,” Trump wrote on social media: “They have now offered to cut their Tariffs to nothing, but it’s getting late. They should have done so years ago.” The Indian Embassy in...

Politics

69 h. ago India’s ‘dead economy’ growth hailed, but Trump’s tariffs pose risks

India’s stronger-than-expected economic growth of 7.8 per cent in the April–June quarter has been hailed by leaders as a resounding retort to US President Donald Trump’s claim that the country’s economy is “dead”, even as experts warn that retaliatory tariffs from Washington could weigh on the outlook. Bilateral ties have plummeted recently after Trump enacted a 50 per cent import tariff on India last week, doubling a 25 per cent import tariff as a penalty for New Delhi’s purchase of sanctioned...

Events

3 d. ago India, China reaffirm ‘development’ partnership amid steep Trump tariffs

India, China reaffirm ‘development’ partnership amid steep Trump tariffs  The Hill

Politics

3 d. ago Xi Tells Modi China and India Must 'Come Together' as US Tariffs Hit

Xi Tells Modi China and India Must 'Come Together' as US Tariffs Hit  Newsweek

Events

4 d. ago India won’t ‘bow down’ to crippling 50% US tariff, trade minister says

India will not “bow down” and instead focus on capturing new markets, trade minister Piyush Goyal said in his first public remarks since Washington imposed steep tariffs on Indian goods. The 50 per cent levies on many Indian imports into the United States took effect this week as punishment for New Delhi’s massive purchases of Russian oil, part of US efforts to pressure Moscow into ending its war in Ukraine. Since his return to the White House this year, US President Donald Trump has wielded...

Politics

6 d. ago Are Trump’s tariffs nudging India and China to mend their ties?

As India and China reconfigure their relationship, US President Donald Trump’s steep trade tariffs may prove to be a blessing in disguise and bring greater urgency to efforts to mend ties between the two neighbours. Peace talks have been ongoing, resulting in Indian and Chinese troops pulling back from their common borders last year, and there are other signs of possibly warmer bilateral ties. Indian Prime Minister Narendra Modi will be visiting Tianjin at the end of this month to attend the...

Politics

7 d. ago India to seek new trade partners, US deal in face of new Trump tariffs

As Washington’s 50 per cent tariff on India took effect on Wednesday, among the highest in place against any country, New Delhi has settled on a hedging strategy – keep seeking a trade deal with Washington while actively searching for alternative trading partners. US President Donald Trump’s harsh move against Indian imports saw the Asian giant launch an urgent diplomatic push to route trade around the US – including with Brazil, China, Russia, Britain, Japan, Australia and the EU. Indian...

Politics

7 d. ago Trump tariffs live updates: Trump's massive 50% India tariffs kick in, EU looks to fulfill Trump demand

Trump tariffs live updates: Trump's massive 50% India tariffs kick in, EU looks to fulfill Trump demand  Yahoo Finance

Politics

7 d. ago India’s exporters face ‘strategic shock’ as US tariffs over Russian oil kick in

Steep US tariffs on a range of Indian products took effect on Wednesday, threatening a severe blow to India’s overseas trade in its largest export market. US President Donald Trump had initially announced a 25 per cent tariff on Indian goods. But earlier this month, he signed an executive order imposing an additional 25 per cent tariff due to India’s purchases of Russian oil, bringing the combined tariffs imposed by the US on its ally to 50 per cent. The Indian government estimates the tariffs...

Events

8 d. ago India File: Modi and Xi in tricky tango as tariff deadline looms

India File: Modi and Xi in tricky tango as tariff deadline looms  Reuters

Events

8 d. ago Should the US be worried? India’s Modi set for rare China trip after Trump’s tariff sting

Should the US be worried? India’s Modi set for rare China trip after Trump’s tariff sting  CNN

Politics

8 d. ago ‘Can Destroy China’: Trump Says Beijing Has to Give US Magnets

‘Can Destroy China’: Trump Says Beijing Has to Give US Magnets  Asia Financial

Politics

8 d. ago India still needs China to catch up with Chinese manufacturing

Indian Prime Minister Narendra Modi will arrive in Tianjin on Sunday for the Shanghai Cooperation Organisation summit, his first visit to China in seven years, against a backdrop of the United States’ 50 per cent tariffs on India. As India and China mark the 75th anniversary of diplomatic relations, they must not let the unfortunate Ladakh clashes of 2020 overshadow their win-win future. Among non-communist states, India was the first Asian nation to recognise the People’s Republic of China....

Politics

9 d. ago "Can Destroy China But...": What Trump said On Relationship With Beijing

"Can Destroy China But...": What Trump said On Relationship With Beijing  NDTV

Politics

9 d. ago 'Have Cards That Can Destroy China': Trump Warns Beijing Amid Ongoing Trade Dispute

'Have Cards That Can Destroy China': Trump Warns Beijing Amid Ongoing Trade Dispute  News18

Events

9 d. ago US To Impose 200% Tariff On China? Trump Warns He Holds ‘Incredible Cards’ That Could 'Destroy' Beijing

US To Impose 200% Tariff On China? Trump Warns He Holds ‘Incredible Cards’ That Could 'Destroy' Beijing  Times Now

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