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In early February, India and the US announced a trade deal framework under which the US cut tariffs on Indian exports to 18%. (AI image) India-US trade deal update: Amidst ongoing uncertainty related to tariffs under the Donald Trump administration, Commerce Secretary Rajesh Agrawal has shared an update on the India-US trade deal. The official…
US President Donald Trump on Monday criticised the US Supreme Court’s decision to invalidate his global tariffs, warning that the ruling could cost the United States trillions of dollars. He said that the verdict will benefit foreign countries and companies that have been “ripping off the United States of America” for decades.” Commenting on his…
The new target reflects mounting challenges from Donald Trump’s tariffs, the global uncertainty linked to the US-Iran conflict. (AI image) China has forecast its GDP growth at the lowest level in over three decades! The world’s second largest economy is slowing down due to multiple external and internal headwinds. China has fixed its annual economic…
Weeks after Trump’s tariffs were invalidated by the US Supreme Court, the administration has suffered another setback, with a New York federal judge ruling that the companies which paid the now-struck-down duties are entitled to refunds.Judge Richard Eaton of the US Court of International Trade, on Wednesday (local time), announced that “all importers of record”…
MUMBAI: US tariffs never impacted Crocs’ sourcing plans from India, a market key to the American footwear company’s supply chain diversification strategy and where it has expanded to five factories over the past three years, said EVP and brand president Anne Mehlman, adding that lower tariffs now gives the firm more room to broaden sourcing…
Donald Trump tariffs (AI image) The Donald Trump administration is planning to selectively raise global tariffs from 10% to 15%, while China will be spared from a raise for now. US Trade Representative Jamieson Greer said on Wednesday that tariff rates on imports from certain countries will increase to 15% or even higher from the…
President Donald Trump on Tuesday claimed that most of the US’ trading partners want to continue trade arrangements negotiated under his tariffs despite the recent ruling by the Supreme Court striking down many of them.Speaking at the joint session of Congress during his 2026 State of the Union address, Trump also reiterated that tariff revenue…
US President Donald Trump on Tuesday criticised the US Supreme Court ruling that struck down tariffs imposed by his administration, calling the decision “very unfortunate.”During the first official State of the Union of his second term, Trump said that despite the ruling, almost all the countries want to keep the deal that they already made.Interestingly,…
NEW DELHI: Indian exporters are finally breathing easy with goods entering the US on payment of 10% additional tariff from Monday, instead of the 25% that was applicable since the start of the month.But there is also anxiety over how long this rate will continue given US president Donald Trump’s mercurial turns over tariffs. Early…
Washington’s new import duties of 10% took effect on Tuesday, after the US Supreme Court dismantled President Donald Trump’s illegal tariff framework, last week. Introduced under Section 122 of the Trade Act of 1974, Trump has threatened to further raise the tariffs to 15%. The administration has labled the move as a measure to tackle…
