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Searched Tag: trump tariffs
Bessent insisted that the United States and India shared a strong foundation.

Trump aide slams India’s oil buys, calls SCO meet ‘performative’

September 2, 2025, 08:18 AM - 3 min read

Treasury Secretary Scott Bessent played down concerns over Prime Minister Narendra Modi’s recent meeting with Russian President Vladimir Putin and Chinese President Xi Jinping while discussing bilateral relations.

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Prime Minister Narendra Modi, in a group picture with Chinese President Xi Jinping, his wife Peng Liyuan, Russian President Vladimir Putin and other SCO leaders during the Official Reception for Heads of States and Heads of Governments at the SCO Summit, in Tianjin on Sunday.

SCO leaders’ meet opens in Tianjin, PM Modi to speak shortly

September 1, 2025, 08:19 AM - 2 min read

On the second day of his visit, Prime Minister Narendra Modi met Russian President Vladimir Putin for a bilateral discussion before the opening session of the Shanghai Cooperation Organisation (SCO) summit in Tianjin, China.

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A file photo of Chief Economic Advisor V Anantha Nageswaran.

Modi’s economic advisor suggests measures to ease Trump’s tariff

August 31, 2025, 02:39 PM - 2 min read

V Anantha Nageswaran said the impact of US tariffs would mostly result in job losses limited to export-oriented units.

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US asks Europe to sanction India over Russian oil buys.

US urges Europe to impose tariffs on India

August 31, 2025, 08:26 AM - 3 min read

The White House has asked European nations to impose tariffs on India similar to those applied over Russian oil purchases as US President Donald Trump’s trade measures and the war in Ukraine are set to dominate discussions at the Shanghai Cooperation Organisation (SCO) summit in Tianjin over the next two days.

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Putin to hold talks with Modi in India this December. File Photo.

Putin to visit India in December

August 30, 2025, 09:03 AM - 3 min read

Russian President Vladimir Putin will make an official visit to India in December at the invitation of Prime Minister Narendra Modi, even as New Delhi faces steep tariff threats from US President Donald Trump over its ties with Moscow.

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US President Donald Trump’s trade advisor Peter Navarro.

Trump advisor shocked by India’s tough stand on Russian imports

August 29, 2025, 09:10 AM - 2 min read

Modi said he will personally protect the interests of the Indian farmers, marginalised and poor, by bearing the tariff duties.

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Stocks tumble as investors brace for steep US tariffs.

Market wealth erodes ₹5L Cr on US tariff concerns

August 26, 2025, 11:23 AM - 4 min read

Indian equities fell sharply on Tuesday as investors reacted to the United States’ plan to impose steep tariffs on Indian exports. The benchmark Sensex crashed nearly 700 points, while the Nifty 50 slipped close to the 24,750 mark, wiping out over ₹5 lakh crore in investor wealth.

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Haley has remained a vocal Trump critic despite endorsing him for the 2024 presidential run.

Nikki Haley urges Trump: Fix US-India ties, warns of China threat

August 21, 2025, 09:23 AM - 4 min read

Trump’s Republican ally stressed that India should be regarded as a valued free and democratic partner, not as an adversary like China, which continues to escape sanctions over its massive purchases of Russian oil despite being one of Moscow’s biggest buyers.

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US Treasury Secretary Scott Bessent (left), a representative image of an Indian oil refinery (centre) and industrialist Mukesh Ambani (right).

US hits Indian refiners, says richest families made excess profit

August 20, 2025, 05:31 PM - 4 min read

The US has accused Indian refiners of profiteering from discounted Russian crude and reselling refined fuels to Europe, warning of additional tariffs as New Delhi’s energy ties with Moscow deepen.

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US White House Press Secretary Karoline Leavitt.

Trump tariffs on India aimed to pressure on Russia: White House

August 20, 2025, 10:01 AM - 4 min read

The US tariff includes an existing 25pc duty and an additional 25pc to be imposed later, as a penalty for India’s purchase of Russian oil.

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Trump said he may reconsider the retaliatory tariffs announced on Indian goods in “two or three weeks”, hinting at a possible reversal of his 50 per cent tariff-hike announcement against Indian imports last week

Trump claims India agreed to drop Russian oil purchases

August 16, 2025, 01:43 PM - 2 min read

US President Donald Trump dropped another bombshell before his meeting with Russian President Vladimir Putin in Alaska on Friday, when he suggested that India has agreed to stop purchasing Russian crude oil after threats by the US administration last week to impost 50 per cent tariffs on Indian imports

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Lula announces aid to counter US 50 per cent tariffs.

Lula unveils $5.5bn aid after US tariffs hit exporters

August 14, 2025, 02:29 PM - 2 min read

Brazilian President Luiz Inácio Lula da Silva has announced a $5.5 billion aid package in a bid to support exporters hit by a 50 per cent tariff imposed by United States President Donald Trump.

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