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tariffs

Editor's picks

Donald Trump imposes new 10% tariffs on India and other US trade partners, claims they produce goods using ‘forced labour’

OpIndia Staff -
The US has placed 10% tariffs on India, which is on par with Pakistan, Sri Lanka, Bangladesh, and several Latin American and Asian countries.
News Reports

100% in 2028, 200% thereafter: Trump announces tariffs on generic drugs 

OpIndia Staff -
The Trump administration’s decision to impose 200% tariffs on generic drugs is expected to have direct implications for India, which exported pharmaceuticals worth over $9.7 billion to the US in 2025.
Economy and Finance

India bans imports of goods made using forced labour as US investigates labour practices in 60 countries including India

OpIndia Staff -
Earlier, on 3rd June, Washington proposed imposing a 12.5% tariff on imports from 54 countries, including India, accusing them of failing to ban goods linked to forced labour.
News Reports

US Senators unveil updated sanctions bill targeting buyers of Russian oil with 100% tariffs, reduced from 500% proposed by Late Lindsey Graham

OpIndia Staff -
While the US Supreme Court struck down Trump’s reciprocal tariffs, and an additional 25% tariff on India for buying Russian oil was withdrawn earlier this year,...
News Reports

USTR proposes 12.5% tariffs on India, others over ‘forced labour’: Is Trump inventing new ways to reimpose tariffs struck down by the Supreme Court?

Shraddha Pandey -
In the report titled “Acts, Policies, and Practices of Various Economies Related to the Failure to Impose and Effectively Enforce a Prohibition on the Importation of Goods Produced with Forced Labor”, the USTR detailed the findings of the investigation launched into trading partners under Section 301 (b)(1) of the Trade Act of 1974.
News Reports

Donald Trump resumes tariff war, announces 25% tariff on cars and trucks imported from the EU citing non-compliance with trade deal

OpIndia Staff -
President Donald J. Trump has announced that he will impose a 25% tariff on cars and trucks imported from the European Union beginning next...
Economy and Finance

Shoe manufacturers plan to set up facilities in India for exporting to the US market after the tariff cut

OpIndia Staff -
A company official stated that "contract manufacturers have already begun ramping up production to meet renewed US orders."
Editor's picks

India to now face 10% tariff from USA, White House clarifies after Trump’s announcements to counter SCOTUS ruling

OpIndia Staff -
Trump insisted that the India-US trade deal remains on track. “I think my relationship with India is fantastic, and we're doing trade with India,” he said.
Editor's picks

Donald ducks SCOTUS order, imposes another 10% sweeping tariffs on all imports with ‘never used before’ provision, calls Supreme Court ‘unpatriotic’

OpIndia Staff -
In a response to a major Supreme Court setback, US President Donald Trump announced the retention of existing national security tariffs and imposed a...
Law

U.S. Supreme Court delivers a massive blow to President Donald Trump, strikes down his global tariffs saying he has no authority

OpIndia Staff -
The U.S. Supreme Court on Friday struck down President Donald Trump’s sweeping global tariffs, ruling that he exceeded his authority by invoking a 1977...
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