Nomura has warned that India’s GDP growth could fall to 6% in FY26 if trade talks with the US fail and the recently US imposed 25% tariffs on Indian exports remain unchanged. With key sectors like pharmaceuticals at risk and the US accounting for 18% of India’s exports, the brokerage...
India has initiated consultations at the WTO over the US’ fresh 25% tariffs on steel and aluminium, while simultaneously engaging in bilateral discussions to resolve the issue. The US maintains that the duties fall under its national security law, not safeguard measures, but is open to dialogue. Image Source: Freepik...
The recent escalation of US tariffs under the Trump administration has sparked global trade tensions, with India now facing potential reciprocal duties starting April 2. Given that the US is India’s largest single-country export destination, these tariffs could pose significant risks to key Indian export sectors. Centre for Advanced Trade...
U.S. President Donald Trump has imposed a 25% tariff on imported automobiles and auto parts, aiming to boost domestic manufacturing but triggering global trade tensions. The move has sparked backlash from key U.S. trade partners, who are now considering retaliatory measures. While India does not export many cars to the...
Despite challenges from U.S. tariffs under President Donald Trump, India has the potential to strengthen its domestic industries. While higher duties on steel and aluminum exports have led to declining competitiveness and financial losses, the situation also presents an opportunity for India to reduce dependence on imports. A report by...
The recent visit of Indian Prime Minister Narendra Modi to the United States has created waves of excitement and anticipation for the future of India’s trade and economic landscape. As only the second Indian Prime Minister to be invited for an official state visit to the US, PM Modi’s interactions...
CIM Piyush Goyal has expressed confidence that India-US trade in goods and services could reach a potential size of US$ 500-600 billion trade by 2030. As India’s largest trade partner, the US holds tremendous potential for growth, even as both sides look to catalyse bilateral relations in critical areas via...
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