27 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

6 d. ago Trump aide slams ‘arrogant’ India over Russian oil, dubs Ukraine ‘Modi’s war’

White House trade adviser Peter Navarro sought to raise pressure on India to halt purchases of Russian energy after the US imposed crippling new tariffs on New Delhi, casting the conflict in Ukraine as “Modi’s war”. “I mean Modi’s war because the road to peace runs, in part, through New Delhi,” Navarro said on Wednesday, referencing Indian Prime Minister Narendra Modi. US President Donald Trump’s 50 per cent tariff on Indian goods took effect earlier on Wednesday, a bid to punish the country for...

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

1 week ago Trump aide calls India’s Russian oil purchases ‘laundromat for the Kremlin’

White House trade adviser Peter Navarro blasted India for continuing to buy Russian oil and said he expects punitive tariffs of 50 per cent on imports from the South Asian nation to kick in as planned next week. “I see that taking place,” Navarro told reporters in front of the White House when asked about the tariffs on India that are set to double on August 27. “India doesn’t appear to want to recognise its role in the bloodshed. It simply doesn’t. It’s cozying up to Xi Jinping, is what it’s...

Politics

2 w. ago Russia offers India ‘special mechanism’ to keep buying its oil

Russia expects to continue supplying oil to India thanks to a “special mechanism” despite warnings from the United States, Russian embassy officials in New Delhi said on Wednesday, adding that Moscow hopes trilateral talks will soon take place with India and China. US President Donald Trump has announced an additional tariff of 25 per cent on Indian goods exported to the US from August 27, as a punishment for buying Russian oil, which constitutes 35 per cent of India’s total imports compared...

Politics

2 w. ago Very happy with China tariffs: Trump official who slammed India over Russian oil

Very happy with China tariffs: Trump official who slammed India over Russian oil - Hindustan Times  Hindustan Times

Politics

2 w. ago Trump tariffs live updates: US again warns India on buying Russian oil, EU

Trump tariffs live updates: US again warns India on buying Russian oil, EU-US deal details in question  Yahoo Finance

Events

2 w. ago China, India are buying Russian oil in large quantities, Gordon Chang says

China, India are buying Russian oil in large quantities, Gordon Chang says  Fox Business

Politics

2 w. ago Marco Rubio On Why US Tariffed India Over Russian Oil, But Not China

Marco Rubio On Why US Tariffed India Over Russian Oil, But Not China  NDTV

Politics

2 w. ago Marco Rubio Explains Why China Spared, India Faces Tariffs On Russian Oil

Marco Rubio Explains Why China Spared, India Faces Tariffs On Russian Oil  NDTV

Politics

2 w. ago Why US spares China, but hits India: Marco Rubio explains dilemma on Russian oil

Why US spares China, but hits India: Marco Rubio explains dilemma on Russian oil  India Today

Events

2 w. ago Why US spares China, but hits India: Marco Rubio defends Russian oil hypocrisy

Why US spares China, but hits India: Marco Rubio defends Russian oil hypocrisy  India Today

Events

2 w. ago Spare China but hit India: US Secretary of State defends Russian oil hypocrisy

Spare China but hit India: US Secretary of State defends Russian oil hypocrisy  India Today

Events

3 w. ago ‘China More Complicated’: JD Vance on Sanctioning Beijing Over Russian Oil

‘China More Complicated’: JD Vance on Sanctioning Beijing Over Russian Oil  The Times of India

Politics

3 w. ago Will oil prices fall despite Trump’s tariff threat over Russian supply?

Oil markets are bracing for lower prices despite US President Donald Trump’s threat of punitive tariffs on buyers of Russian oil, including India and China, with higher output from global producers set to compensate for any potential supply drop from Russia. The broad Opec+ group, comprising oil-producing nations taking part in initiatives by the Organisation of Petroleum Exporting Countries, agreed on Sunday to raise production by 547,000 barrels per day for September. Concerns have mounted...

Politics

3 w. ago Trump’s 50% tariff sows ‘total mistrust’ between US and India

An abrupt decision by US President Donald Trump to double tariffs on Indian goods has triggered what analysts describe as a “total mistrust” in bilateral ties and sent a “muddled strategic signal” about Washington’s foreign policy priorities. The move – an additional 25‑percentage‑point tariff on Indian exports, doubling duties to 50 per cent – was issued in an executive order on Wednesday to penalise India’s continued purchase of Russian oil, which Washington argues is helping fund Moscow’s war...

Politics

3 w. ago ‘We don't want to hurt ourselves’: Donald Trump adviser justifies no Russian oil tariffs on China; calls

‘We don't want to hurt ourselves’: Donald Trump adviser justifies no Russian oil tariffs on China; calls  Times of India

Politics

4 w. ago Trump Says He Could Impose More Tariffs on China, Similar to India Duties, Over Russian Oil

Trump Says He Could Impose More Tariffs on China, Similar to India Duties, Over Russian Oil  U.S. News & World Report

Politics

4 w. ago Nikki Haley's strong message to Trump after tariff threats to India over Russian oil: ‘Don’t give China a pass ’

Nikki Haley's strong message to Trump after tariff threats to India over Russian oil: ‘Don’t give China a pass ’  Mint

Politics

4 w. ago ‘China is next in line’: after India, Trump tariff threats loom over Russian oil

Even in the face of threats by US President Donald Trump to levy tariffs on countries that import Russian goods, analysts expect that China “will not stop” buying oil from its northern neighbour, given their mutually beneficial relationship of energy cooperation. Oil from Russia will continue to flow south over the long run because “China’s strategic goals require a stable and secure supply of critical resources such as oil”, said Matt Gertken, chief geopolitical strategist at BCA Research in...

Politics