US EditionIndia’s defiant stand in Trump’s tariff war: ‘We will never bow down nor ever appear weak’
India faces 50% US tariffs on key exports, prompting government plans to support sectors and target new markets amid fears of job losses and rival competition.
- This week, a 50-percent levy on many Indian imports into the United States took effect as punishment for New Delhi's purchases of Russian oil, with analysts warning it is akin to a trade embargo harming smaller firms.
- The U.S. Court of Appeals for the Federal Circuit in Washington, DC, questioned the legal basis for blanket tariffs, ruling they overstepped authority but allowed policy until October 14 pending Supreme Court review.
- Exporters of textiles, seafood and jewelry reported cancelled U.S. orders and losses to rivals like Bangladesh and Vietnam, while Union Commerce and Industry Minister Piyush Goyal promised upcoming support and predicted exports will exceed 2024-25 numbers this year.
- The tariffs have strained U.S.-India ties, prompting New Delhi to criticise them as `unfair, unjustified and unreasonable`; Goyal said India `will neither bow down nor ever appear weak` and will seek new markets.
- Analysts warn the 50-percent duty amounts to a trade embargo and could disrupt global trade, with the United States as India’s top export market this year at $87.3 billion in shipments.
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India Has "Walked Away" From US Trade Talks Due To Tariffs: Ex-Top Official
Former Finance Secretary Subhash Garg has hit out at US President Donald Trump's repeated claims that India is "profiteering" massively from discounted Russian oil, calling the charge "political theatre, not economic reality."
·New Delhi, India
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India’s defiant stand in Trump’s tariff war: ‘We will never bow down nor ever appear weak’
India will focus on expanding into new markets instead of yielding to pressure, according to Union Commerce Minister Piyush Goyal, following the introduction of 50 per cent US tariffs on Indian goods in response to oil purchases from Russia amidst the Ukraine conflict.
·New Delhi, India
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Coverage Details
Total News Sources23
Leaning Left2Leaning Right3Center2Last UpdatedBias Distribution43% Right
Bias Distribution
- 43% of the sources lean Right
43% Right
L 29%
C 29%
R 43%
Factuality
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