India-US trade Archives - National Times

02 Apr

Trump’s New Tariff Plan Sparks Global Trade Concerns; India Watches Closely

Rajeev Sharma0 CommentsWorld Newsauto import tariffs, India-US trade, Trump tariffs, US trade war

Washington, April 2, 2025 – The US administration has announced new tariffs on countries imposing high duties on American goods, with immediate implementation. A 25% tariff on auto imports will take effect from April 3. The move, part of former President Donald Trump's aggressive trade policy, has drawn sharp responses from global trade partners.White House trade advisor Leavitt confirmed that the tariffs would be enforced instantly, while reciprocal tariffs on individual countries would be decided by Trump himself. The administration is refining the tariff strategy to ensure it aligns with US interests.India’s Cautious ApproachIndia has opted for a wait-and-watch approach,…

Trump Shares Modi’s Podcast Praising Him, India-US Ties

Rajeev Sharma0 CommentsWorld NewsDonald Trump, India-US trade, Lex Fridman, Narendra Modi

New Delhi, March 17, 2025 – Amid tense trade negotiations between India and the US, President Donald Trump shared Prime Minister Narendra Modi’s recent podcast with Lex Fridman on his Truth Social handle. In the podcast, Modi praised Trump for his courage and patriotism, highlighting the "nation first" policies of both leaders as a foundation for strong India-US ties.Modi called Trump a "great leader" and recalled how Trump described him as a tough negotiator. He said that as India’s leader, he would always put national interests first, adding that world leaders were aware of this stance. Modi pointed to the…

Trump Announces ‘Reciprocal Tariffs’; India Faces Key Trade Decision

Rajeev Sharma0 CommentsIndiaIndia-US trade, Modi, Reciprocal Tariffs, Trump

Washington, D.C., March 5, 2025 – U.S. President Donald Trump has announced the imposition of reciprocal tariffs starting April 2, warning that countries imposing high tariffs on U.S. goods will face equal tariffs in return. This gives India less than four weeks to adjust its customs and duties on U.S. imports or risk a similar tariff hike on Indian exports to America.In response, New Delhi has set up a high-level committee under the Ministry of Commerce to assess the impact of these tariffs. The committee includes officials from key ministries such as agriculture, food processing, heavy industry, and electronics &…