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Searched Tag: us tariffs
Domestic auto component manufacturers will face enhanced cost pressures with Mexico hiking duties on Indian imports, according to industry body ACMA

India, Mexico engaged over tariff hike

December 13, 2025, 03:36 PM - 4 min read

A high-level meeting between Commerce Secretary, Rajesh Agrawal, and Mexico’s Vice Minister of Economy, Luis Rosendo, has already taken place in this regard as both settle terms to ink a free trade agreement

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The United States and India are moving forward with negotiations on the proposed bilateral trade agreement (BTA), with a team of high-ranking officials from Washington landing in New Delhi on Tuesday

US says India’s new trade offer ‘best ever received’

December 10, 2025, 12:43 PM - 3 min read

A day after US President Donald Trump hinted at new tariffs on Indian rice, a team of officials from Washington arrived in New Delhi to discuss the ongoing bilateral trade agreement between the two countries

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RBI rate cut makes loans cheaper

RBI rate cut makes loans cheaper

December 5, 2025, 06:43 PM - 3 min read

The step is being seen as lending support to the economy that has been hit hard by the steep 50 per cent tariff US President Donald Trump slapped on Indian goods.

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South Korean President, Lee Myung-bak, and US President Donald Trump had discussed the defense spending plan during a recent meeting at the South Korean presidential palace while Trump was on an Asia tour

South Korea to raise defence budget to 3.5 pc of GDP by 2035

November 15, 2025, 02:27 PM - 2 min read

South Korea has been under pressure by the US, its long-time ally, to scale-up its defense spending in lieu of lowered tariffs on exports

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The US remained India’s largest trading partner for the fourth consecutive year in 2024-25, with bilateral trade valued at USD 131.84 billion (USD 86.5 billion exports). It accounts for about 18 per cent of India’s total goods exports, 6.22 per cent in imports, and 10.73 per cent in the country’s total merchandise trade

India, US in ‘continuous’ discussions for trade pact: Goyal

November 5, 2025, 11:35 PM - 3 min read

In New Zealand on a four-day visit to discuss the India-New Zealand free trade agreement (FTA), Goyal seemed to reiterate the White House’s comment earlier on Wednesday about Prime Minister Narendra Modi being in constant touch with US President, Donald Trump

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However, Nayara Energy's Vadinar refinery, partially owned by Rosneft and already under EU sanctions, is likely to maintain its Russian crude intake

India to stop direct Russian crude imports by year-end

November 5, 2025, 03:51 PM - 3 min read

Amid sanctions and threats by US President Donald Trump to ramp up punitive measures against India for buying Russian crude, India is set to massively cut down its Russian crude oil purchases from late November onwards, as per analysts and data by a maritime intelligence firm

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The commission also announced that China will lift some tariffs of up to 15 per cent on US agricultural goods from November 10

China to suspend 24 pc tariff on US goods, but retain 10 pc levy

November 5, 2025, 11:02 AM - 2 min read

The truce reached between the US and China last week, which was reached after China’s agreement to buy US soybeans and pause restrictions on rare earth minerals and magnets, is said to be fragile

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Supreme Court to hear Trump tariff powers case Nov 5.

Trump calls tariff case most crucial in US history

November 3, 2025, 09:45 AM - 4 min read

US President Donald Trump on Sunday described the upcoming Supreme Court case on tariffs as one of the most significant in American history, saying the ruling would determine the country's economic strength and national security. 

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China’s eight-day ‘Golden Week’ national holiday in October contributed to slower factory activity, said Huo Lihui, chief statistician at the Bureau of Statistics

China’s factory activity shrinks for 7th month in October

October 31, 2025, 11:54 AM - 3 min read

The recent truce in the trade war between US and China has offered renewed hope for recovery in exports, while China also plans to focus on increasing domestic consumption

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Since the House passed a measure last month that blocks votes challenging Trump’s tariffs into next year, it is unlikely that the Senate’s rebuke of Trump’s tariffs will be taken up any time soon

US Senate votes against Trump’s tariffs on Brazil

October 29, 2025, 04:22 PM - 2 min read

While the resolution against Trump administration’s 50 per cent tariffs on Brazil may only be symbolic for now, the rebuke comes as an offensive against the US President’s aggressive economic stance against most countries of the world

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Trump has "terminated' all trade talks with Canada, weeks after Mark Carney visited the White House to mend trade ties with Washington.

Trump halts Canada trade talks over Reagan ad controversy

October 24, 2025, 08:59 AM - 2 min read

Trump's decision comes after he accused Ottawa of misquoting former president Ronald Reagan in an advertising campaign against tariffs.

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On Monday, the rupee had settled nine paise higher at 87.93 against the greenback

Rupee appreciates 7 paise to close at 87.86 against USD

October 23, 2025, 04:51 PM - 2 min read

Positive trends in domestic equities and a higher risk-taking sentiment in investors supported the domestic unit, which closed higher on Thursday

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