April 1, 2026

tariffs

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India-US trade talks resume: Deal unlikely unless extra 25% tariffs lifted, says GTRI; urges firm stance on farm, dairy

contact@dailyupdatesindia.com02 mins

Progress in India–US trade negotiations depends heavily on Washington revoking the additional 25 per cent tariffs linked to India’s Russian oil imports, according to a report by the India-based Global Trade Research Initiative (GTRI) as discussions resumed in New Delhi on Tuesday.“Negotiations will remain slow unless Washington signals genuine flexibility,” the GTRI report stated, as…

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India-US trade deal: First in-person talks since Donald Trump imposed 50% tariffs; what to expect

contact@dailyupdatesindia.com05 mins

This is the first face-to-face trade discussion since US President Donald Trump levied punitive tariffs on New Delhi. (AI image) India and the US are set to resume bilateral trade deal talks on Tuesday with Donald Trump administration’s Brendan Lynch, the assistant US Trade Representative for South and Central Asia, heading the delegation.This is the…

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‘Understandable to put tariffs on India but …’: Zelenskyy urges US action against Russia; makes big Putin claim

contact@dailyupdatesindia.com03 mins

Ukraine’s President Volodymyr Zelenskyy (PTI) Ukrainian President Volodymyr Zelenskyy on Tuesday said that it may be “understandable” for Washington to impose tariffs on India and other nations for buying Russian oil, but warned the United States against waiting for others before acting against Vladimir Putin. The Ukrainian president argued that such delays only give Moscow…

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‘Expect Europeans to do their share now’: US holds back on China tariffs; Bessent says Europe must act first on Russian oil

contact@dailyupdatesindia.com02 mins

File photo: US treasury secretary Scott Bessent (Picture credit: AP) US treasury secretary Scott Bessent said on Monday that the Trump administration will not move ahead with new tariffs on Chinese goods over Beijing’s Russian oil purchases unless European countries impose steep duties of their own.Speaking in a joint interview with Reuters and Bloomberg, Bessent…

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Trade deficit narrows: India’s exports rose in August even as Trump’s 50% tariffs took effect; newer markets eyed

contact@dailyupdatesindia.com03 mins

This exports and imports data report marks the first since the United States imposed a 25% tariff on Indian products on August 7. (AI image) With businesses front-loading shipments, India’s exports experienced a second consecutive monthly increase during August, following the implementation of US President Donald Trump’s tariffs.This exports and imports data report marks the…

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‘India coming to the table’: Trump advisor Navarro again slams ‘highest tariffs’; rakes up Russia oil ahead of trade talks

contact@dailyupdatesindia.com03 mins

India-US trade deal talks: US President Donald Trump Trade adviser Peter Navarro on Monday continued with his attacks on India over tariffs and trade deal, saying that it has the ‘highest tariffs’. Navarro’s remarks come at a time when Trump and Prime Minister Narendra Modi have called India-US relationship important.Asked about the India-US trade deal…

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Shrimp export crisis: CM N Chandrababu Naidu says US tariffs cause Rs 25,000 cr loss; seeks Centre’s urgent relief for aquaculture sector

contact@dailyupdatesindia.com02 mins

Facing mounting cancellations of nearly half the shrimp export orders, Andhra Pradesh CM N Chandrababu Naidu has said US tariffs have inflicted losses of around Rs 25,000 crore on the state’s aquaculture sector.Andhra Pradesh Chief Minister N Chandrababu Naidu has said that American tariffs have dealt a heavy blow to the state’s shrimp exports, causing…

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‘Unilateral bullying’: China slams Trump call for tariffs on countries importing Russian oil; warns of countermeasures

contact@dailyupdatesindia.com03 mins

US President Donald Trump urged NATO nations to implement substantial tariffs ranging from 50 to 100 per cent on China. (AI image) China has reacted strongly to the Donald Trump administration’s call to G7 and NATO to impose tariffs on countries that import Russian crude oil. The world’s second largest economy has called US statements…

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US tariffs bite: India’s equities slump as FPI outflows hit $4 billion; rupee dips to record low

contact@dailyupdatesindia.com02 mins

The imposition of a 50% tariff hike by the United States on imports from India weighed on domestic financial conditions in August, with equity markets taking the largest hit, according to a Crisil report. The agency said its Financial Conditions Index (FCI) fell to -0.5 in August from -0.4 in July, indicating tighter conditions compared…

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