5 hours ago · India should look at a 'zero-for-zero' tariff approach to counter proposed US reciprocal tariff increases, focusing on eliminating import duties on certain American products in exchange for similar concessions, GTRI said. This strategy can help avoid the potential negative impacts of a comprehensive bilateral trade agreement.

Feb 13, 2025 · Trump calls India tariffs 'unfair', limits access to U.S. India, U.S. set for early trade talks; Initial segments of trade deal to be negotiated by fall 2025; India to raise U.S. energy purchases ...

2 days ago · While only 0.2% of India’s car exports go to the US, according to SBI Research data, the 25% tariff could have a more significant effect on Indian drugmakers, who export over 38% of their ...

4 days ago · India’s top officials said they will continue to cut import taxes as the government looks to work around US President Donald Trump’s plan to impose reciprocal tariffs on trading partners.

3 days ago · At a joint news conference, Trump said India would buy F-35 fighter jets and oil ... President Trump spoke of India’s high tariffs on American cars and other products meant to protect Indian ...

Feb 13, 2025 · Also, India in 2023 dropped retaliatory tariffs on U.S. almonds, apples, chickpeas, lentils and walnuts. Tariffs aside, Trump has used the opening weeks of his second term to say he’ll stamp out U.S. trade deficits around the world, including during his meetings at the White House last week with Japanese Prime Minister Shigeru Ishiba.

Feb 14, 2025 · The White House also issued a news release that fired a trade shot across the bows of India and other countries. ... "But India's average applied MFN tariff is 39%," the White House fact sheet said.

NEW DELHI, Feb 5 (Reuters) - India plans to review import tariffs on over 30 items, including luxury cars, solar cells and chemicals, a senior finance ministry official said, potentially leading ...

In its Union Budget 2025-26, India has significantly slashed customs duties on high-end motorcycles, cars and smartphone parts, a move that seems to give a boost to American companies like...

Dec 18, 2024 · U.S. President-elect Donald Trump has reiterated his intention to impose reciprocal tariffs in retaliation for the high tariff imposed by India on import of certain American products.