Trump, India and Tariff
Digest more
Top News
Impacts
Bloomberg |
Trump announced a 26% tariff on US imports from India — listed as 27% in an annex to his executive order — higher than the 20% levy applied to goods from the European Union, the 24% on Japanese goods...
The New York Times |
Governments across the world have been preparing to hit back if the president raises tariffs, increasing the potential for a destabilizing economic battle that drives up costs as Mr. Trump tries to fo...
Read more on News Digest
The Trump administration’s imposition of reciprocal tariffs has sent ripples through India’s $280 billion software services industry, which derives nearly half of its revenues from the United States.
Reacting to the tariff decision, a trade professional laid out the implications clearly in a detailed post that quickly sparked online discussion.
Speaking about India, Trump highlighted that New Delhi was ‘very, very tough’, adding that Prime Minister Narendra Modi is a great friend of his.
US President Donald Trump criticized China's decision to impose a 34% tariff on all US imports, claiming China 'panicked' in response to his recent trade measures. China's finance ministry confirmed the tariffs as reciprocal.
Donald Trump’s tariffs have sparked a massive shopping rush across the U.S. as Americans scramble to buy essentials like shoes, coffee, furniture, and cars before prices spike. With new reciprocal tariffs hitting imports hard,
2don MSN
India plans to lower import tariffs on electric cars, rejecting requests from local automakers to delay such cuts by four years, as New Delhi prioritises closing a trade deal with the United States, government and industry sources told Reuters.
President Donald Trump’s tariffs aren’t just an economic disruption. They’re a security one. His program, if implemented as planned, could muddle global supply chains the Pentagon has spent decades creating,