Trump Doubles Tariffs on India
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If the United States and India can put their recent acrimony in the rear-view mirror, both sides stand to reap tremendous gains from a trade agreement. Unravelling relations hurt both sides—a reality that is well-known to decision-makers in Washington and New Delhi alike.
President Trump's latest tariffs to take effect are 50% duties on Indian goods, double the rate imposed on India earlier this month. Trump wants India to reduce purchases of Russian oil, which he says
Indian Prime Minister Narendra Modi agrees to work toward a limited trade deal by fall 2025 with the United States and expand the bilateral trade deal to $500 billion by 2030. He also pledged to boost energy purchases from the U.S.
President Trump’s 50 percent tariff on imports from India went into effect Wednesday morning, weeks after the president threatened “severe consequences” on trading partners that
Trump’s 50% Tariffs On India Take Effect Wednesday, Threatening $48.2B In Exports | NEWSNATION Most Americans are supportive of the U.S. levying sanctions against Russia’s trading partners to exert pressure on the Kremlin to halt its invasion of Ukraine,
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Sourcing Journal on MSNChina’s Alliance With India Blossoms as Ambassador Terms US a ‘Bully’ on Trade
China and India have lately made inroads in their historically icy relationship by commiserating over steep, double-digit duties leveled on both countries by the U.S.
India and China should view each other as "partners" rather than "adversaries or threats", Chinese Foreign Minister Wang Yi said on Monday, as he arrived for a two-day visit to Delhi.