New Delhi, February 21 Reducing the US's reciprocal tariff on India from 25 per cent to 10 per cent will significantly improve the competitiveness of labor-intensive sectors in the US, such as pharmaceuticals, electronics, engineering, textiles, and jewelry.This is a major setback for US...
New Delhi, February 21 The Indian government is examining the developments regarding US tariffs and their implications, the Commerce Ministry said on Saturday."We have noted the US Supreme Court's judgment on tariffs yesterday (Friday). US President Donald Trump has also addressed a press...
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New Delhi, February 21 – Following the US Supreme Court's decision to overturn President Donald Trump's global tariffs, the Congress on Saturday demanded that Prime Minister Narendra Modi put the India-US interim trade agreement on hold and renegotiate its terms.Congress general secretary...
New Delhi, Feb 21 India will now face a lower reciprocal tariff of 10 percent, down from 25 percent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.A...
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New Delhi, February 21 As the US Supreme Court struck down President Donald Trump's global tariffs, the Indian Congress on Saturday alleged that the India-US interim trade deal is an "ordeal" that the country is being subjected to by Prime Minister Narendra Modi's "desperation and surrender"...
Washington, February 21 – US Treasury Secretary Scott Bessem made it clear that tariffs would remain a central tool of President Donald Trump’s economic strategy, even after a Supreme Court ruling limited the administration’s use of one legal authority to impose them.Speaking at the Economic...
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Washington, Feb 21 – Countries that have entered into trade agreements with President Donald Trump – including India, the United Kingdom, the European Union, and Japan – will temporarily face a uniform 10 percent tariff following the Supreme Court's decision restricting the administration's use...
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New Delhi, February 20 An interim trade agreement between India and the US is likely to be signed in March and come into effect in April, Commerce and Industry Minister Piyush Goyal said on Friday.He also said that India's free trade agreements (FTAs) with the UK and Oman are likely to be...
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New Delhi, February 20 A three-day meeting between Indian and American officials to finalize the legal text for an interim trade agreement will begin in the US on February 23, an official said on Friday.Earlier this month, India and the US released a joint statement to announce that a...
Washington, February 20 – President Donald Trump said he threatened to impose a 100% tariff on French wine and champagne in order to force changes in global drug pricing, offering a vivid example of how he uses trade leverage to reshape international economic arrangements.Speaking at a steel...
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New Delhi, February 19 The Congress launched its first phase of its campaign against the interim India-US trade deal on Thursday, with senior leaders alleging that the Modi government "compromised" the country's sovereignty and self-reliance.The opposition party claimed that the deal would...
New Delhi, February 19 – The decision by India and the Gulf Cooperation Council (GCC) to formally restart negotiations on a Free Trade Agreement (FTA) after nearly fifteen years represents a significant geoeconomic turning point between India and the Gulf states. The relationship is no longer...
Mumbai, February 19 Senior Congress leader Sachin Pilot strongly criticised the proposed trade agreement with the United States on Thursday, alleging that it compromises India’s sovereignty, the interests of farmers, energy security, and economic self-reliance.Addressing a press conference...
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New Delhi, February 19 India's exports of agricultural products and automobiles are making greater inroads into European markets, recording healthy growth during April-December 2025, according to data from the Ministry of Commerce.Of India's $19.3 billion in global automotive exports during...
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Washington, Feb 19 – The newly announced India-US trade framework is a “positive development” that could unlock significant export gains for both countries, deepen supply chain integration, and inject fresh momentum into the broader strategic partnership, a former US Commerce Department official...
New Delhi, February 18 India wants to diversify its sources of crude oil and coking coal, and would "love" to source high-quality coking coal from the US, Commerce and Industry Minister Piyush Goyal said on Wednesday.He also said that the US can provide certain goods that India desperately...
New Delhi, February 18 India and Canada are expected to finalize the terms of reference for initiating talks on a free trade agreement (FTA) during Canadian Prime Minister Mark Carney's visit to India next month, an official said.The terms of reference (ToR) outline the scope and modalities of...
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New Delhi, February 17. The newly elected government of Bangladesh should take the initiative to cancel a trade deal inked by the interim government led by Muhammad Yunus with the US, as the agreement is against national interest and violates its independence and sovereignty, according to an...
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Sarbananda Sonowal addressed a press conference in Dibrugarh, discussing the recently concluded Free Trade Agreement.The Union Minister stated that the agreement has secured the future of farmers across the country. He added that under the leadership of Prime Minister Narendra Modi, a market...
New Delhi, February 16 – Bangladesh's reciprocal trade agreement, signed with the United States earlier this month and initially hailed as a success, has now drawn criticism over specific details, particularly the "cotton clause," which has created uncertainty, especially among the country's...