Trump tariffs: India says studying opportunities, ’in talks with US trade teams’
- President Trump imposed trade tariffs on countries, including the UK and India, that send products to America.
- Trump implemented the tariffs because he wanted to put 'America first' and believed other countries had unfair trade practices.
- The tariffs included a minimum 10% duty on most imported goods, with additional duties up to 50% for specific countries.
- Ms. Conor of Trust Electric Heating said firms should look for 'opportunities' in America, as 1% of the US market is worth $1.3bn.
- India's Ministry of Commerce said they are studying the implications and potential opportunities arising from the new US trade policy.
27 Articles
27 Articles
Trump's tariffs, GST relief on textiles, SEBI eyeing Gensol Engineering, electronics challenge, and more
From possible GST relief on textiles and footwear to rising global pressure on India's electronics exports, here's your quick audio roundup: Why SEBI is eyeing Gensol Engineering, the growing electronics challenge from Saudi and UAE, Trump's tariff storm and what it means for Indian trade, the impact on Indian IT and startup debates heating up. Tune in.
Trump Tariffs: India Carefully Examining Situation, Exploring Opportunities
Discussions are ongoing between Indian and US trade teams for the expeditious conclusion of a mutually beneficial, multi-sectoral bilateral trade agreement. These cover a wide range of issues of mutual interest, including deepening supply chain integration
India carefully examines implications of tariff hike by the US
In a press release, the government agency said it is working with all stakeholders, including Indian industry and exporters, to receive their comments on the tariffs and assess the situation. It stressed that the analysis will also be based on the government’s goal of making the country a developed nation by 2047. Similarly, it stressed that the opportunities that may arise due to this new development in US trade policy are being studied. In the…
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