India, Trump
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New Delhi’s frayed ties with Washington have added to a thaw in the frosty relationship with Beijing that began last year.
On India's southern coast, V. Srinivas thrived for two decades by farming shrimp, as the country became the top supplier of the delicacy to the United States. Now, Donald Trump's 50% tariff threat is forcing many to consider other ways of making money.
S&P Global Ratings affirms that high US tariffs are unlikely to significantly hinder India's long-term growth, citing strong economic fundamentals and ongoing reforms. India's domestically-oriented economy,
Keen Footwear has limited its exposure to supply chain trouble and opened a plant in Kentucky. But the trade upheaval has strained its adaptive strategy.
India has recommended a three-year import tariff of 11%-12% on some steel products to curb shipments from top producer China.
Relations plummeted in 2020 after security forces clashed along the border. The violence, the worst in decades, left 20 Indian soldiers and four Chinese soldiers dead, freezing high-level political engagements.
India’s economic outlook could be set for a major shift, with three key developments — the recent S&P credit rating upgrade, a major revamp of the GST structure and changing US trade tariffs — likely to play a crucial role in shaping the country’s growth path,
In response to Washington's oil-linked tariffs, India is strategically recalibrating its diplomatic approach. By reviving the Russia-India-China troika and engaging with both Moscow and Beijing, India signals its commitment to strategic autonomy.