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Trump announces 25% tariffs on Indian imports, raising concerns over bilateral trade agreement and potential economic impact.
India's average tariff rate of 17 per cent is higher than the US's 3.3 per cent, but similar to other major economies like South Korea (13.4 per cent) and China (7.5 per cent).
President Donald Trump has imposed massive tariffs on U.S. trading partners and threatened many more. Several economists said ...
The tariff will affect U.S. imports from India, which totaled $87 billion in 2024. Key imports include pharmaceuticals, gems, jewelry, petrochemicals, telecommunications equipment, and apparel.
GM has projected a tariff hit of up to $5 billion for 2025, and Ford has said tariffs will cost the company $3 billion in revenue for the year. Liquor companies are in the tariff crosshairs, too.
NEW DELHI (AP) — U.S. President Donald Trump has vowed additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%.
President Trump threatened Wednesday to impose a 25% tariff on India on Aug. 1 -- along with an additional penalty for buying Russian energy and weapons.
TAIPEI, Taiwan — A 90-day pause on imposing higher tariffs on China is due to expire on Tuesday and it is unclear if it will be extended. After the most recent round of China-U.S. trade talks ...
President Donald Trump signed executive actions on Wednesday imposing a 50% tariff on Brazil, a 50% tariff on certain copper products and suspending a tax perk for all countries that allowed cheap ...
It's down to the wire on U.S. President Donald Trump's threat to raise his tariff on Canadian goods entering the United ...
TAIPEI (Reuters) -Taiwan and the U.S. have completed talks on tariff technicalities and have reached consensus on issues including non-tariff trade barriers, with the result pending the U.S ...
Government had submitted a proposed Framework Deal in May, which aimed to reduce the US trade deficit, address tariff ...