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India can walk into the negotiating room with the US far more confidently than ever, thanks to a strong economy and a milder-than-expected hit to its exports, according to officials and analysts cited by Reuters.Despite the United States slapping tariffs of up to 50% on Indian imports, the drop in New Delhi’s shipments has been…
Commerce Ministry has said that India stands to benefit from the US decision to withdraw reciprocal tariffs on select agricultural products. (AI image) After imposing sweeping tariffs, the Donald Trump administration has softened its stance as prices of basic commodities have gone up in the US. Last week Trump announced that he will be doing…
The Indian Rupee could gradually weaken and move towards the psychological level of 90 per US dollar by March 2026, according to a report by Union Bank of India. The bank said the currency’s trajectory will continue to be shaped by both fundamental and technical factors, with the broader depreciation trend likely to persist over…
The US President Donald Trump on Thursday again credited himself for India-Pakistan truce, claiming, this time, that he gave a 350% tariff threat to both the nations. He went on to claim that his efforts averted a nuclear war between the two nations. “India and Pakistan were going to go at it with nuclear weapons….
US President Donald Trump has vowed a tariff rebate of $2,000 to Americans next year, offering a potential financial boost to millions facing high costs of living. “We’ve taken in hundreds of billions of dollars in tariff money. We’re going to be issuing dividends…probably the middle of next year, a little bit later than that,…
The US trade deficit narrowed by about 24 per cent in August as sweeping tariffs imposed by President Donald Trump reduced imports, according to a delayed Commerce Department report released Wednesday. According to Associated Press, citing the report, the trade gap fell to $59.6 billion in August from $78.2 billion in July. Imports declined 5…
India is set to benefit modestly from the United States’ decision to withdraw reciprocal tariffs on a set of agricultural products, including tea, coffee and spices, the commerce ministry said on Monday, PTI reported. The tariff exemptions, announced through a White House Executive Order on November 12, took effect the next day.The move rolls back…
US President Donald Trump imposed 50% tariffs on India in August, 25% of which is a penalty for India’s crude oil imports from Russia. (AI image) India’s exports to the US have grown in October over September, despite the 50% tariffs imposed by American President Donald Trump on Indian goods. However, the exports to the…
US President Donald Trump has thrown his weight behind a new wave of hard-hitting sanctions aimed at isolating Russia, warning that countries maintaining trade ties with Moscow—and potentially Iran—will be “very severely sanctioned.”Speaking to reporters on Sunday, Trump said he supported congressional efforts to advance tougher penalties on Russia and President Vladimir Putin. “I hear…
President Donald Trump has said Americans could see $2,000 tariff dividend checks in 2026, but no exact date has been set yet, although he hinted at the timeline.The payments are expected to come from revenue raised through tariffs.Speaking to reporters aboard Air Force One on Friday, Trump said the checks will not arrive in time…
