India US trade

12 Mar

United States Launches Sweeping Section 301 Trade Probe Against 16 Nations Including India

Rajeev Sharma0 CommentsIndia, World NewsIndia US trade, Jamieson Greer, Manufacturing, Section 301, Trade Probe, USTR

Washington, D.C. (Rajeev Sharma)— The Office of the United States Trade Representative (USTR) announced the initiation of a massive investigation into the trade practices of 16 major global partners. The probe, launched under Section 301 of the Trade Act of 1974, targets economies accused of maintaining "structural excess capacity" in their manufacturing sectors, a move that signals a significant escalation in the Trump administration's efforts to reshape global supply chains and protect American industry. The investigation covers a broad spectrum of economies, including China, India, Japan, the European Union, South Korea, and Mexico. Other nations under scrutiny include Singapore, Switzerland,…

16 Aug

ICRIER Report: US Tariffs Hit 60.8 Billion Dollars Worth of Indian Exports, Key Sectors at Risk

Rajeev Sharma0 CommentsBusinessgems and jewellery, ICRIER, India US trade, Indian exports, textiles and apparel, Trump tariff policy, US tariffs

New Delhi [India]: Around 70 per cent of India’s goods exports to the United States, worth USD 60.85 billion, are now exposed to a 50 per cent tariff imposed by the US administration, according to an analysis by the Indian Council for Research on International Economic Relations (ICRIER).Though significant, this amounts to only 1.56 per cent of India’s GDP and 7.38 per cent of total exports, making it manageable for a USD 3.9 trillion economy. The report, titled “Navigating Trump’s Tariff Blow” and authored by Ashok Gulati, Sulakshana Rao, and Tanay Suntwal, highlighted that the brunt of the impact falls…