Donald Trump Levy 126% Tariffs on Indian Solar ImportsÂ
United States President Donald Trump announced plans to impose 126 per cent tariffs on solar imports from India, which could threaten the India-US trade deal. This move suggests that America’s priority is its policy, even at the expense of the India-US trade agreement. The US Commerce Department announced the levied tariff after determining that New…
Sumit
Trump Cuts Tariffs to 18%, Bringing Relief to India
Donald Trump on Monday announced a trade deal with India to reduce tariffs to 18% from 50%, in exchange for halting Russian crude oil purchases and easing trade restrictions. This significant move to ease tariffs has sparked a rally across Asian countries’ markets. Even though the details of the deal are not yet clear, sentiment…
Finance Minister Said India Will Keep Buying Russian Oil
India’s Finance Minister Nirmala Sitharaman said on Friday, September 5, that India will continue to purchase Russian crude oil, despite President Trump’s decision to charge hefty tariffs on Indian goods, partially because of its energy purchases from Moscow. India took advantage of a concession on Russian crude oil output after Europe and the US shunned…
ABHYUDAYA MITTAL
iPhones Fly to U.S. as Tariffs Shift Under Trump
Amid escalating trade tension and significant tariff increases under the President Donald Trump administration, companies like Apple Inc. executed a strategic move by dispatching five aircraft loaded with iPhones and other related products from India to the United States. This happened just 3 days late in March. The reports also suggest that despite the additional…
Yash Sharma
Trump Exempts Pharma, Semiconductors from New Tariffs
President Donald Trump’s newly announced tariffs have spared key sectors, pharmaceuticals, and semiconductors, offering relief to industries amid rising global trade tensions. Recently, Trump unveiled a comprehensive tariff plan to reduce the U.S. trade deficit and bolster domestic manufacturing. The plan imposes a 10% universal tariff on imports from various countries, including China, India, Vietnam,…
Shipra Prajapati