NEW DELHI: The government on Friday clarified that the United States has imposed additional duties on steel and aluminium imports from all countries without any exemptions, but no country-specific or reciprocal tariffs have been placed on India as of now. Minister of state for commerce and industry Jitin Prasada said in a written reply to…
NEW DELHI: US President Donald Trump indicated on Wednesday that he anticipates India will likely reduce its tariffs on American goods.In an interview with Brietbart, Trump said, “Believe India is probably going to ne lowering those tariffs substantially. But on April 2, we will be charging them the same tariffs they charge us.Earlier, Trump had…
NEW DELHI: US commerce secretary Howard Lutnick called upon India to open up the agricultural sector for trade, saying “it just can’t stay closed”.The farm sector has remained a no-go area for government that has cited domestic sensitivities, even as US has insisted on greater access for American nuts, fruits and poultry. “Indian market for…
Jairam Ramesh (File photo) NEW DELHI: Congress general secretary Jairam Ramesh took a jibe at Prime Minister Narendra Modi on Friday for being focused on “tareef” rather than addressing tariff issues, questioning the PM’s assertiveness in handling US threats regarding reciprocal tariffs.“Our prime minister wants to hear only ‘tareef (praise)’, he is not concerned about…
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…
