One thing is becoming clear – 10% base tariffs are the ‘new zero’ with which countries will have to contend in terms of negotiations. (AI image) India-US trade deal: As US President Donald Trump announces trade deals in quick succession ahead of his August 1 deadline for reciprocal tariffs, one thing is becoming clear –…
GTRI emphasised that the US-Indonesia agreement should serve as a cautionary example for India. (AI image) India-US trade deal: America’s trade agreement with Indonesia is ‘one-sided’ and India should look to avoid falling into the same trap, the Global Trade Research Initiative (GTRI) has warned. Even as the two countries continue discussions amid US President…
The rupee on Tuesday fell 7 paise to close at 86.38 against the US dollar, weighed down by persistent uncertainty over the India-US trade deal ahead of the August 1 deadline and continued foreign fund outflows.At the interbank foreign exchange market, the domestic currency opened at 86.26, touched an intra-day high of 86.22 and a…
India’s goods exports to the US increased by 22.8 per cent to $25.51 billion during April-June this fiscal year. (AI image) India-US trade deal: Amidst ongoing negotiations between India and the US, an American delegation is scheduled to visit India in August. India and the US are looking to seal an interim trade deal before…
A negotiating team is in Washington for another round of trade deal talks, with both nations working towards finalizing a tariff rate below 20%. (AI image) India-US trade deal: US President Donald Trump has said that America is eyeing market access into India, on the same lines as the one Indonesia has granted it as…
Trump administration is reportedly mulling a trade deal in which India will likely face tariffs of less than 20%. India-US trade deal: US President Donald Trump on Tuesday said that America is working on a deal with India which gives greater access to Indian markets. Trump’s comments came on the back of a trade deal…
India and the United States aim to resolve disagreements in key sectors, particularly agriculture and automobiles. (AI image) India-US trade deal: As US President Donald Trump’s fresh reciprocal tariff deadline of August 1, 2025 nears, a senior delegation from India’s Commerce and Industry Ministry has landed in Washington DC. The team will look to finalize…
A trade deal between India and the US has still not been finalized. (AI image) India-US trade deal: In February this year, US President Donald Trump and Indian Prime Minister Narendra Modi announced the intent for a trade deal by fall this year. Come April 2025, and Trump announced reciprocal tariffs on a lot of…
Trump Tariff: अमेरिकी राष्ट्रपति डोनाल्ड ट्रंप अब तक लगभग 20 देशों को टैरिफ लेटर भेज चुके हैं, जिनमें जापान, कोरिया, बांग्लादेश और साउथ अफ्रीका जैसे देश शामिल हैं. अब बारी भारत की है. बताया जा रहा है कि भारत और अमेरिका के बीच ट्रेड डील पर बात फाइनल होने के करीब है, जिसके तहत भारत…
India-US trade deal: United States is working toward an interim trade agreement with India that could reduce proposed tariffs to below 20%. This would give India a more favourable position compared to other countries in the region.Unlike many nations, India is not expected to receive a formal tariff hike notice this week, and the agreement…