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US President Donald Trump on Thursday signalled strong support for a sanctions bill aimed at pressuring Russian President Vladimir Putin to end the ongoing war in Ukraine.
US President Donald Trump on Monday issued a warning for BRICS member countries, saying that any nation that aligns itself with ‘anti-American’ policies of the bloc will face an additional tariff of 10%
The WTO Director-General Ngozi Okonjo-Iweala views the upcoming discussions between American and Chinese officials as a positive development towards reducing trade tensions, according to a statement released on Friday.
As India gets cracking on working on a trade deal with United States, Finance Secretary Ajay Seth on Wednesday said that he expects the direct impact of US tariffs on Indian GDP growth to be around 0.2 to 0.5 percentage points.
Ruchir Sharma, economist and chairman of Rockefeller International, believes that distrust between India and China has to soften a bit amid trade tension caused by the US. “One thing which I think India has to do also is this distrust with China has to ease a bit,” Sharma said in an exclusive interview with Business Today Executive Director Rahul Kanwal.
There has been “very good progress” in the trade talks with the US and India has decided to pursue a path of trade liberalisation with the United States, Commerce Secretary Sunil Barthwal said on Tuesday.
President Donald Trump exempted smartphones, computers, and other tech devices and components from his reciprocal tariffs, new guidance from U.S. Customs and Border Protection shows.
Trade wars unleashed by US President Donald Trump’s tariffs policy can offer a big opportunity to India to boost its manufacturing as Trump appears to be primarily targeting China. The US paused reciprocal tariffs on India and over 75 other countries, while imposing steep 145% duties on Chinese exports, though the Trump administration has now excluded smartphones, computers and related electronics from its proposed reciprocal tariffs.
A “zero-for-zero” tariff trade deal is unlikely under the proposed India-US bilateral trade agreement as the two countries are at different levels of economic development, reported the news agency PTI, citing officials aware of the development on Sunday, April 13.
“Tariffs are the most beautiful words to me.” These were President Donald Trump’s words on January 20, 2025, the very day he took office, setting the tone for his presidency. From the outset, it was clear that trade policy would be central to his administration’s goals that is putting America first, securing better trade deals, protecting US manufacturing, and reducing trade deficits.