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tariffs

Editor's picks

Russian oil ‘penalty tariff’ slashed by Trump, no mention in trade deal framework, but Trump says US will ‘monitor’ purchase

OpIndia Staff -
The adidtional 25% tariff on Indian imports was imposed by the Trump administration in August 2025. The tariff will cease to apply on Indian goods exported into the USA on 7 February 12.01 am Eastern Standard Time.
Economy and Finance

With trade deal finalised, EAM Jaishankar holds high-level talks with US Secretary of State Rubio on security, critical minerals and other issues

OpIndia Staff -
The tariff cut has been seen as a huge win for Indian exporters, especially in manufacturing, pharma, and green energy.
Editor's picks

US reduces tariffs on Indian Goods to 18% after Modi-Trump talks, giving India an edge over China and other Asian rivals

OpIndia Staff -
India has secured a major trade advantage as the US slashed export tariffs to 18% following a Modi-Trump deal. This lower rate gives Indian goods a competitive edge over rivals like China (34%) and Bangladesh (20%) in the American market.
News Reports

Canada looking towards India for trade to diversify business partners and reduce dependence on US: Trump’s tariff wars may result in another deal

Rukma Rathore -
Canada appears to be eager to repair the rift in diplomatic relations with India as its ties with the US continue to strain.
Editor's picks

In audio recordings, Republican Senator Ted Cruz heard saying Navarro, Vance and sometimes Trump are blocking the trade deal with India

OpIndia Staff -
The audio, about 10 minutes long and time-stamped from early and mid-2025, came from a Republican insider, Axios stated.
Economy and Finance

India set to slash tariff on cars imported from EU countries to 40% from 110% under ‘mother of all deals’

OpIndia Staff -
As India and the European Union are set to sign the ‘mother of all trade deals’ soon, India is reportedly preparing to reduce tariffs...
News Reports

Donald Trump threatens 100% tariff on Canada over proposed trade deal with China, says “China will eat Canada alive”

OpIndia Staff -
US President Donald Trump escalated tensions with Canada on Saturday, threatening to impose a blanket 100% tariff on all Canadian goods entering the United...
Editor's picks

US Treasury Secretary Bessent says they may think of removing 25% tariff on India ‘now that purchase of Russian oil has collapsed’

OpIndia Staff -
 U.S. Treasury Secretary Scott Bessent indicated at the World Economic Forum in Davos that the Trump administration may lift a 25% tariff imposed on...
News Reports

Tesla doubles auto component sourcing from India to nearly $4.5 billion despite Trump’s tariffs

OpIndia Staff -
Tesla plans to allocate $5 billion this year, an enormous boost from about $1 billion in 2023 and about $2 billion in 2024.
News Reports

‘American consumers paying nearly all of the price’: Study finds the real casualties of US President Donald Trump’s tariff war

Rukma Rathore -
The report is titled, "America's own goal: Americans are largely responsible for funding Trump's tariffs."
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