US rejects India’s request for WTO consultation on 50% copper tariffs

The United States has declined India’s request for discussions at the World Trade Organization regarding tariffs on copper. Washington argues these tariffs are not safeguard measures. This marks the third instance of the US refusing such consultations with India. The US imposed a 50% tariff on copper imports under Section 232 of its Trade Expansion […]

Narendra Modi spoke with Mette Frederiksen on Tuesday They reaffirmed support for the India-EU FTA. Discussions covered the Green Strategic Partnership. This includes trade, energy, and sustainable development. Modi wished Denmark success in its EU Council Presidency. They exchanged views on Ukraine. Modi reiterated India’s support for a peaceful resolution. Frederiksen supports India hosting the […]

India and the US have expressed optimism regarding their ongoing trade negotiations, agreeing to accelerate efforts towards a mutually beneficial trade agreement. Discussions between officials from both nations, led by Chief Negotiator Brendan Lynch from the United States Trade Representative, covered various aspects of the proposed deal. This resumption of talks signals a renewed commitment […]

India’s silver imports are expected to rise in the coming months as strong industrial and investment demand has depleted stocks from last year’s record inflows. Imports may total 5,500–6,000 tons in 2025 after halving in the first eight months. Prices have surged nearly 49% this year, yet demand remains firm, with investors holding back scrap […]

India and the US are set to resume in-person trade discussions in New Delhi on August 27, following a period of strained relations marked by US tariffs on Indian goods due to Russian oil purchases.

UCO Bank, an Indian lender, has received government approval to facilitate trade payments for Nayara Energy, which was sanctioned by the EU. This move comes after large financial institutions shunned Nayara due to its part-ownership by Russian oil major Rosneft.

India’s goods exports experienced a 6.7% increase in August, reaching $35.1 billion, driven by electronics, engineering goods, and gems and jewellery, while imports fell 10.1% to $61.6 billion. This led to a narrowed merchandise trade deficit of $26.5 billion. The government is actively identifying 100 products to reduce import dependency and enhance domestic capabilities, focusing […]

White House Trade Advisor Peter Navarro stated India is coming to the negotiating table, but raised concerns about high tariffs and the country’s increased purchase of Russian oil post-2022. He criticized India’s ties with Russia and China.

India’s exports to the US experienced a 14% month-on-month decline in August, totaling USD 6.86 billion, following the implementation of tariffs by the US. Despite this decrease, the US remained India’s top export destination for August and the preceding five months. Exports to the US saw a 7.15% increase compared to the same period last […]

Commerce Secretary Howard Lutnick criticized India’s trade practices, highlighting the imbalance where India sells extensively to the US but restricts American corn imports with tariffs. He asserted that India must lower its tariffs to ensure fair and reciprocal trade, aligning with President Trump’s stance. Lutnick warned of potential difficulties in US-India trade relations if these […]