1 day ago · Nearly a fifth of India's exports of engineering goods — comprising steel and aluminum and worth about $25 billion — are at risk if Trump adopts the proposed 25% tariff, an official of an ...

1 hour ago · Economists at global banks from Morgan Stanley to Nomura Holdings Inc. have identified India and Thailand as among the nations most exposed to risks from President Donald Trump’s vow to impose reciprocal tariffs on trading partners. The two Asian countries stand out because the tariffs they impose on the US are, on average, far above the rate charged on them by the US, according to a range ...

16 hours ago · India has high tariffs that lock out imports, U.S. President Donald Trump's top economic adviser Kevin Hassett said on Monday, adding that India's prime minister had a lot to discuss with Trump ...

1 day ago · The latest sweeping tariffs on foreign metals come after Trump imposed an additional 10% tariff on all products from China that came within hours of taxing Canada and Mexico. Trump also said he planned to impose tariffs on Europe, Taiwan and other governments, as well as on products such as copper, steel, aluminium, pharmaceuticals and ...

19 hours ago · Trump Tariffs Highlights: A Trump adviser has called India's tariffs 'enormously high'. US stocks rose despite Donald Trump’s announcement of 25% tariffs on steel and aluminum imports, including from allies. The European Union called the tariffs unlawful.

21 hours ago · During his campaign, Trump frequently cited India’s tariffs as an example of unfair trade practices. For India, the stakes are high. The US remains its largest trading partner, with bilateral trade exceeding $190 billion in 2024. The coming months are likely to shape how the US-India trade progresses over the next few years.

2 days ago · The U.S. exported a total of $2.5 billion worth of waste and scrap of all types to India in FY2024, GTRI notes. “While Trump has often criticised India's tariff policies, these latest reductions signal a policy shift that could enhance U.S. exports across various sectors.

Feb 3, 2025 · Donald Trump has begun a tariff war by imposing whopping duties on Canada, China and Mexico. However, the US president has skipped India for now, despite criticising its tariff structure in the past. Wary of being Trump’s next target, officials in New Delhi are preparing a response plan.

6 days ago · Impact On IT, Pharma: Trump’s tariffs could severely impact Indian industries like the Information Technology and pharmaceuticals. A rise in tariffs could prevent Indian goods from critical markets, especially automobiles and pharmaceuticals.

Feb 2, 2025 · Trump tariff war: India has prepared fact-sheet for American diplomats on tariffs on key U.S. products, officials say; import duties on top 30 items from U.S. are all below 7.5%