US President Donald Trump has warned India about “dumping” rice into the American market. He suggested that tariffs could be imposed on Indian rice imports. This statement comes as US trade negotiators prepare for talks in India. Indian exporters believe new tariffs will have minimal impact on their trade.
Trump hints at further tariff on India for dumping rice into US
India, EU hold intense talks on FTA: Govt
6 months ago
India and the EU held intensive discussions last week to expedite the conclusion of their long-pending free trade agreement. Both sides noted steady progress across various negotiating tracks and agreed to maintain momentum through continued exchanges. Ministerial talks reaffirmed strong political resolve to address pending issues constructively for a mutually advantageous outcome.
India and the European Union are set to speed up talks for a free trade deal. Commerce Minister Piyush Goyal and EU Commissioner Maros Sefcovic met to push for an early agreement. Both sides noted good progress in technical discussions. They are committed to resolving pending issues constructively. The aim is a comprehensive and beneficial […]
India is actively addressing the impact of US tariffs on its exports. The government is pursuing a comprehensive strategy. This includes engaging with the US for a beneficial trade agreement. Measures are also in place for immediate relief and to boost trade diversification. Negotiations for FTAs with other nations are ongoing.
President Trump indicated potential new tariffs on Indian rice, citing “dumping” concerns and aiming to support US farmers. This move, alongside possible tariffs on Canadian fertilizer, signals ongoing trade tensions with key partners as the US administration seeks to address agricultural sector complaints ahead of midterm elections.
Industry executives attributed the rebound to greater imports of high-value parts and a weaker rupee, even as the government’s Make in India campaign has so far failed to reduce imports by value for most of the companies since 2018-19, the filings revealed. The sole exception was in FY24 with a 6% decline in the consolidated […]
HD Hyundai, a major South Korean shipbuilding company, will establish its first Indian shipyard in Thoothukudi, Tamil Nadu. This significant investment follows extensive scouting and discussions with various Indian states. The project highlights Tamil Nadu’s strong policy framework and engineering ecosystem. HD Hyundai’s presence signifies a major boost for India’s maritime infrastructure and manufacturing capabilities.
Senior American officials are visiting India to strengthen political and trade partnerships. Discussions will cover regional security and economic cooperation. A key focus will be innovation in US-India research. Trade talks for a bilateral agreement will also commence. Both sides aim to finalize the first part of the trade pact by year-end.
No viable way for global companies to cut dependence on China without India: David Bach, President, IMD
7 months ago
Every CEO I speak to believes AI is transformative. The debate is not whether it will reshape industries but how dramaticallyDavid Bach President, IMD
The Indian rupee is under pressure and could soon slip below the 90 threshold against the dollar. This forecast stems from a burgeoning trade deficit and lukewarm investment climate. The urgency for a trade pact with the US is more pronounced than ever.