India, Trump and tariff
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Trump announced a 26% tariff on US imports from India — listed as 27% in an annex to his executive order — higher than the 20% levy applied to goods from the European Union, the 24% on Japanese goods...
From Bloomberg
Stock markets worldwide are careening even lower Friday after China matched President Donald Trump’s big raise in tariffs in an escalating trade war.
From Alaska Dispatch News
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US President Donald Trump announced new reciprocal tariffs to counter high duties charged on US goods by foreign countries. With tariffs on countries like China, India, and the EU, the move aims to rebalance trade.
US President Donald Trump has announced reciprocal tariff on all foreign goods starting April 2025. This move could potentially shake up global trade dynamics. However, experts suggest India may experience minimal impact.
Speaking about India, Trump highlighted that New Delhi was ‘very, very tough’, adding that Prime Minister Narendra Modi is a great friend of his.
Reacting to the tariff decision, a trade professional laid out the implications clearly in a detailed post that quickly sparked online discussion.
US President Donald Trump is "actively negotiating" trade deal with India, Vietnam and Israel ahead of the new tariff deadline, CNN reported citing officials. This came after Trump administration imposed 10% tariff on all US imports,
Long-threatened tariffs from U.S. President Donald Trump have plunged the country into trade wars abroad — all while on-again, off-again new levies continue to escalate uncertainty.
The Trump administration’s reciprocal tariffs are expected to cause short-term challenges for India’s software services industry, with potential declines in revenue growth. However, industry experts remain optimistic about long-term gains through cost optimization,
US President Donald Trump on Wednesday announced sweeping new tariffs as part of his ‘Liberation Day’ announcement event in the Rose Garden of the White House.According to the announcement, the United States will apply a 26 per cent tariff on imports from India.
Trump said India charged 52 per cent tariffs on the US, “including currency manipulation and trade barriers”, and America would now charge India “discounted reciprocal tariffs” of 26 per cent.