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tariffs

World

Big setback to Donald Trump as US Court of Appeals declares most of his tariffs illegal, a defiant US President says it will be...

OpIndia Staff -
The punitive tariffs levied by the US on India are likely to remain unaffected even if the IEEPA-based tariffs are rolled back after court's decision.
News Reports

Hurting Americans, most confusing policy: House Democrats in US criticise Donald Trump for his tariffs against India

OpIndia Staff -
The committee questioned the US administration's intent behind tariffs against India, remarking, "It's almost like it's not about Ukraine at all."
News Reports

Several countries including India stop parcel deliveries to USA after President Trump withdraws “de minimis” tariff exemption on small-value shipments

OpIndia Staff -
Countries, including Japan, Australia, Taiwan, and India, have suspended parcel shipments to the US after President Trump scrapped the “de minimis” rule, which allowed goods under $800 duty-free entry.
News Reports

US issues notice to confirm imposition of additional 25% tariff on Indian goods as Donald Trump moves ahead with 50% tariff on Indian products

OpIndia Staff -
The Donald Trump tariffs will apply to any items arriving for use in the United States from India or released from warehouses after 27th August.
News Reports

America and Europe buy oil and refined products from India, if you don’t like it, don’t buy it: India’s EAM S Jaishankar’s response amidst...

OpIndia Staff -
External Affairs Minister S. Jaishankar defended India’s oil imports from Russia, saying, “At the end of it all, we make decisions that are in national interest.”
News Reports

Trump names Sergio Gor as next US Ambassador to India, indicates intention to continue hostilities using a loyalist without any diplomatic experience

Raju Das -
US President Donald Trump on Friday nominated White House personnel director and longtime Trump loyalist Sergio Gor as the next US ambassador to India
News Reports

FBI raids house of Trump’s former National Security Advisor John Bolton amid his criticism of tariff and foreign policy, old ‘national security’ case revived

OpIndia Staff -
John Bolton described Trump's tariffs against India as a "lack of focus' and "unforced error" which pushed India closer to Russia and China.
Opinions

Rahul Gandhi’s Adani-Ambani jibe imported from the US? Treasury Secretary Scott Bessent charges ‘India’s richest families’ are profiteering from Russian oil

Rukma Rathore -
Scott Bessent declared plans to slap more tariffs after accusing "wealthy Indian families" of gaining from Russian oil deals.
News Reports

No change in oil imports by India, Russia offering additional 5% discountas BPCL, Indian Oil continue to buy Russian crude despite Trump’s petulance

Shraddha Pandey -
In addition, Griva informed that Indian traders are getting approximately 5% discount on Russian oil purchases.
News Reports

India’s Current Account Deficit to stay below 1% of GDP despite Trump’s tariff assault, estimates CareEdge Ratings

OpIndia Staff -
Amid the high tariffs imposed by US President Donald Trump on Indian goods, India's current account deficit (CAD) is expected to remain under 1 per cent during the current financial year.
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