Trump slaps 25% tariff on all Indian goods; exports worth $85 billion at risk

The United States has levied high tariffs on India, potentially affecting a significant portion of Indian exports. This move places India among the most heavily penalized nations under the new tariff regime. Ongoing trade negotiations between India and the US aim to address these concerns. The Indian government downplays the impact, emphasizing its commitment to […]

US President Donald Trump suggested India might halt Russian oil purchases, calling it a positive step. However, India defended its right to formulate energy policies based on national interests and market dynamics. Amidst this, the US imposed tariffs on Indian goods, citing high tariffs imposed by India, even as trade negotiations continue between the two […]

India has officially announced sugar exports of 5,841 tonnes to the European Union under the tariff-rate quota scheme for the year 2025-26. The Director General of Foreign Trade issued a public notice regarding this notification. A Certificate of Origin, if needed, will be issued by the Additional DGFT, Mumbai, based on APEDA’s recommendation.

The Swadeshi Jagran Manch (SJM) criticized the United States for employing coercive tactics to penetrate sensitive Indian markets. Urging the government to prioritize national interests, SJM advocated for strategic autonomy and a multipolar trade system. They emphasized the importance of protecting farmers, small industries, and India’s long-term economic self-reliance, while advancing ‘Aatmanirbhar Bharat’.

A reset in India-US trade talks may be needed, potentially through a conversation between President Trump and Prime Minister Modi, according to Mark Linscott. Despite new tariffs and criticisms from Trump, Linscott sees the situation as a “hiccup,” emphasizing the US desire for a short-term agreement followed by a longer-term bilateral trade deal.

US Secretary of State Marco Rubio expressed Washington’s frustration over India’s continued purchase of Russian oil, stating it supports Moscow’s war efforts in Ukraine and strains the US-India relationship. Despite India’s energy needs and the discounted price of Russian oil due to sanctions, Rubio highlighted that this trade helps fund the ongoing conflict.

President Trump announced a 25% tariff on India, effective August 7th, citing trade imbalances and India’s ties with Russia, including military equipment and energy purchases. This action is part of a broader move imposing tariffs on nearly 70 nations, with rates varying from 10% to 40%. Trump also criticized India’s membership in BRICS, viewing it […]

The WTO reported a slowdown in global services trade growth to 5% in the first quarter of 2025, attributed to economic uncertainties and a strong US dollar. Asian economies, including China, India, and Japan, bucked the trend with double-digit export growth.

President Trump’s 25% tariff on Indian exports, effective August 1st, threatens sectors like gems, pharmaceuticals, textiles, and electronics. This move jeopardizes India’s preferential trade status despite earlier talks, impacting $129.2 billion in two-way trade. The tariffs could inflate costs, delay shipments, and pressure various industries, potentially forcing companies like Apple to reconsider sourcing strategies.