tariffs

According to Graham, the bill would give President Trump “tremendous leverage” over major buyers of Russian energy, including India, China and Brazil.

The government forecasts 7.4% GDP growth for FY26, slightly above RBI’s estimate and FY25’s 7.3%, signaling resilience against US tariffs up to 50%. November exports jumped 20% to $38.13 billion, with 22% gains to the US and 90% to China. Private consumption rises 7%, manufacturing 7%, and investments strengthen, narrowing the trade deficit.

We can raise tariffs on them very quickly,” Trump was heard saying while addressing the media.

India strongly opposes Mexico's sudden tariff hikes up to 50% on 1,463 products from non-FTA countries like India. While pursuing talks with officials like Commerce Secretary Rajesh Agrawal, India warns of protective steps to shield exporters amid USMCA-linked pressures.

Three US House reps introduced a resolution to end Trump's 50% tariffs on India, calling them illegal under IEEPA. Triggered by Russian oil buys, the duties hurt workers and ties. It follows a Senate move on Brazil tariffs.

"The United States uses economic power, including in the form of threats of high tariffs, to enforce its will and no longer excludes the use of military force even against allies," noted Danish Defence Intelligence Service

The real GDP growth rate in Q2 of FY 2025–2026 exceeded 8.0% owing to the Secondary (8.1%) and Tertiary Sectors (9.2%).

India’s coffee exports have more than doubled in the last five years, rising from $738.9 million in 2019–20 to $1.8 billion in 2024–25.

The RBI’s package aims to prevent these temporary difficulties from turning into long-term financial stress.