Washington: A new wave of U.S. tariffs on Indian goods took effect on Wednesday at 9:30 AM IST, doubling the total import duty to 50 percent across a broad range of products. The tariff hike, enforced by the U.S. Department of Homeland Security, is expected to significantly impact Indian exporters, particularly those operating in labor-intensive...
On Thursday, Prime Minister Narendra Modi stated that he is willing to absorb the costs associated with safeguarding India’s agricultural interests, particularly as the nation confronts rising trade tensions with the United States, which has imposed tariffs as high as 50%. During his address at the MS Swaminathan Centenary International Conference, PM Modi emphasized, “The...
In a significant move amid rising global trade tensions, U.S. President Donald Trump announced on Thursday that the United States will impose a 35% tariff on all imports from Canada, effective August 1, 2025. The announcement was made in a letter addressed to Canadian Prime Minister Mark Carney and later posted on Trump’s Truth Social...