NEW DELHI: Commerce and industry minister Piyush Goyal has said Indian exporters will enjoy a “competitive advantage” in the US market under the interim trade framework, arguing that an 18 per cent tariff on Indian goods compares favourably with higher duties imposed on others.Speaking after a day after US President Donald Trump signed an executive…
India-US trade deal sealed: In a big breakthrough, India and the US have announced a trade deal, after US President Donald Trump and Prime Minister Narendra Modi spoke on phone. With the trade deal, India has secured an 18% reciprocal tariff rate for its goods exported to the US. Trump has said that the tariff…
US Trade Representative Jamieson Greer on Wednesday said that India remains a “tough nut to crack” in trade negotiations, but that Washington has received the “best offer ever” from New Delhi so far. Greer made the remarks while discussing the ongoing efforts to diversify US export markets, particularly for agricultural products. Greer said that a…
The key benchmark indices of the Indian stock market, Sensex and Nifty 50, are expected to open lower on Friday, following a decline in global markets. Asian markets traded lower, while the US stock market slipped overnight, weighed down by selling in technology stocks. On Thursday, the Indian stock market ended higher, with both the…
Any trade deal between India and the US has to respect New Delhi’s “red lines” and efforts are underway to reach an understanding, External Affairs Minister S Jaishankar said on Sunday against the backdrop of a downturn in bilateral ties over Washington’s policy on tariffs. In an interactive session at an event, Jaishankar acknowledged that…
United States President Donald Trump’s nominee for ambassador to India, Sergio Gor, said Washington and New Delhi are “not that far apart” on a trade deal, stressing that America holds its friends to different standards. Speaking before the senate committee, he said that the US expects more from India than from other nations. “We hold…
US President Donald Trump’s nominee for ambassador to India, Sergio Gor, on Thursday said that Washington will prioritise pulling New Delhi “away from China” and bring it closer to the US. Trump’s nominee for ambassador to India, Sergio Gor also reaffirmed trade talks between India and the US, saying that they were close to clinching…
File picture of White House trade advisor Peter Navarro | Photo Credit: Reuters In a fresh outburst, White House trade advisor Peter Navarro on Monday (September 8, 2025) said India “must come around” at some point on trade negotiations with the U.S. or else it “won’t end well” for Delhi. Mr. Navarro, in an interview…
Trump on Wednesday signed an executive order imposing an additional 25% tariff on Indian exports to the US, citing India’s ongoing Russian oil purchases. US President Donald Trump’s 25% additional tariffs on India for its crude oil trade with Russia are set to impact Indian exports and Indian economy negatively, if they are implemented and…
With the India-US trade deal yet to be finalised after Donald Trump slapped 25 per cent tariffs and also labelled India’s economy “dead,” Harsh Goenka has shared a clip of famous American economist Jeffrey Sachs cautioning that “US will not like India any more than it likes China now” when it becomes a successful economy….