United States remains India’s primary export market, comprising 17.7% of total exports in FY24. (AI image) US President Donald Trump’s decision to impose reciprocal tariffs on exports from India may have a limited impact, says a recent report. PM Narendra Modi met Donald Trump during his visit to the US last week. The meeting between…
NEW DELHI: Amid pressure from the United States, govt has slashed the import duty on bourbon whiskey from 150% to 100% and lowered tariffs on several varieties of wines.Duty on wines made of fresh grapes, and vermouth, as well as some other fermented beverages and unadulterated ethyl alcohol with 80% alcohol strength have been cut…
Trump had promised during presidential polls. TOI Correspondent from Washington: As a country that has long had to pull off a balancing act between Moscow and Washington and has even had to weather threat of sanctions from US because of it, India is breathing a sigh of relief after President Trump moved to end the…
In a bold statement on social media, US President Donald Trump announced that the United States would unveil reciprocal tariffs later on Thursday, marking a significant shift in economic policy.“Three great weeks, perhaps the best ever, but today is the big one: reciprocal tariffs!!! Make America great again!!!” Trump posted in all capital letters on…
WASHINGTON/NEW DELHI: US President Donald Trump has said that PM Narendra Modi will do “what is right” on illegal immigrants, underlining that discussions are going on with India.Making these remarks on Monday while speaking to reporters aboard Air Force One on his way back to Joint Base Andrews from Florida, Trump also mentioned that Modi…
NEW DELHI: In March 2023, defence minister Rajnath Singh had some unusual guests for Holi as commerce secretary Gina Raimondo and her team attended the festivities at his Ashoka Road bungalow. The result was a series of announcements, which extended up to PM Narendra Modi’s visit to the US in June 2023. It had taken…
File photo: US President-elect Donald Trump (Picture credit: AP) Due to Donald Trump’s return to the White House, Indian exporters may face increased customs duties on key products, including automobiles, textiles, and pharmaceuticals, according to trade experts.Trade experts warn that Trump’s ‘America First’ policy could lead to tougher negotiations and additional trade barriers. Analysts also…
