trade policy

New York/Washington, February 21 India now faces a lower tariff rate of 10 percent, down from 18 percent, following President Donald Trump’s announcement of a new global levy on goods imported into America in the wake of the Supreme Court ruling against his sweeping tariffs.In a proclamation...

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...

New York, February 21 – US business groups, advocacy organizations, and lawmakers welcomed a Supreme Court ruling that invalidated President Donald Trump's use of emergency powers to impose tariffs, calling the decision a reaffirmation of congressional authority and a relief for businesses.In...

Washington, February 21 – The son of Indian immigrants, who once served as America's top courtroom advocate, has emerged as the face of a landmark Supreme Court judgment that overturned President Donald Trump’s sweeping tariffs.Neal Katyal, a former Acting Solicitor General of the United...

Washington, Feb 21 – In a lengthy and combative press conference, US President Donald Trump responded to a Supreme Court ruling that curtailed his use of a key tariff authority, effectively turning a potentially defensive moment into a forceful reaffirmation of his trade doctrine.During a more...

Washington, February 21 – The White House has clarified that India will face a 10 per cent tariff temporarily following US President Donald Trump's announcement of a new global tariff order, replacing the earlier International Emergency Economic Powers Act (IEEPA)-based duties that were struck...

Washington, February 21 – US President Donald Trump has accused the Supreme Court of being "influenced by foreign interests," suggested tariffs could be raised beyond current levels, and warned that he has the power to embargo countries altogether after a court ruling curtailed his use of a...

Washington, February 21 – US President Donald Trump lashed out at the Supreme Court after it struck down his use of a key tariff authority, calling the court's decision "deeply disappointing," while announcing he would immediately move to other statutes, including a new "10 per cent global...

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...

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...

Patna, February 19 Senior Congress leader Deepender Singh Hooda criticised the Narendra Modi government over the trade deal with the US on Thursday, alleging that it would make the country "dependent on America instead of being self-reliant".The Haryana MP made the remarks at a press...

New York, February 19 A senior US lawmaker has said that President Donald Trump is "looking for excuses" to "impose outrageous tariffs" on India for purchasing Russian oil, urging him to reverse this policy immediately."President Trump is looking for excuses to impose outrageous tariffs on...

Washington, February 19 – The International Monetary Fund has urged China to take stronger steps to revive domestic demand and reduce economic imbalances, warning that weak consumption and deflation could slow growth and affect the global economy.The IMF Executive Board, which concluded its...

Mumbai, February 17 India is engaging with international partners more intensively and from a "position of strength," External Affairs Minister S Jaishankar said on Tuesday, citing a string of recent trade agreements as evidence of the country's growing economic clout.In an address at the...

Jammu, February 17 Peoples Democratic Party (PDP) MLA Waheed Ur Rehman Para on Tuesday urged for convening a meeting of all parties to discuss the impact of free trade agreements with foreign countries on Jammu and Kashmir's horticulture sector, particularly the apple industry.He said a...

External Affairs Minister Dr. S. Jaishankar stated today that India is engaging with global partners more intensely from a position of strength, citing recent trade agreements as evidence of growing economic confidence.Addressing the Global Economic Cooperation Conference in Mumbai, he said...

New Delhi, February 16 Trade agreements with the US and the 27-nation European Union (EU) have opened up a $400 billion opportunity for India's agricultural sector, an official said on Monday.Currently, India's agricultural exports to the US stand at $2.8 billion, while imports are only $1.5...

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...

New Delhi, February 16 India and the UK are making a "genuine" effort to see if the bilateral free trade agreement can be operationalized in April this year, Commerce Secretary Rajesh Agrawal said on Monday.India and the UK signed the Comprehensive Economic and Trade Agreement (CETA) on July...

New Delhi, February 16 Highlighting the time of profound global transformation when new rules are reshaping interactions between nations, President Droupadi Murmu told the Indian Trade Service (ITS) trainee officers on Monday that their decisions can shape India’s economic trajectory for decades...