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,
WASHINGTON: US Treasury Secretary Scott Bessent on Tuesday (Aug 19) accused India of profiteering from its increased purchases of Russian oil during the war in Ukraine, saying Washington viewed the pr
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.
Many cooking spices are imported from India, and the 50 percent tariffs on the country’s imports could drive costs higher.
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,