India-US trade: Experts warn of GDP hit due to Trump tariffs
Wednesday, 30 July 2025 () The United States' imposition of a 25% tariff on Indian goods, starting August 1, alongside penalties for Russian oil and military equipment purchases, threatens India's economic growth. Key export sectors like pharmaceuticals, marine products, and textiles are expected to be significantly affected.
The India US Tariffs dispute deepens as Donald Trump announces a 25% duty on Indian imports, coupled with penalties over New Delhi’s continued oil and arms trade with Russia. While India has not officially responded, markets are jittery and economists warn of a possible dent to India's GDP. The...
U.S. President Donald Trump has ignited a global trade storm by raising tariffs on Canadian imports to 35%, accusing Ottawa of failing to curb fentanyl and drug flows into America. Prime Minister Mark..
U.S. President Donald Trump has hinted at a possible trade deal with India but warned of steep tariffs if no agreement is reached by August 1. Calling PM Modi a "friend," Trump criticized India’s..
Former President Trump has issued a stark warning to Russia: agree to a Ukraine ceasefire within 10 days or face sweeping new sanctions. He hinted at harsh secondary sanctions and tariffs targeting..
Experts caution that the new 25% US tariff on Indian goods, coupled with potential penalties for trade with Russia, could hinder India's GDP growth and exports.... IndiaTimes Also reported by •Zee News
US President Trump has imposed a 25% tariff on Indian goods amidst ongoing trade deal negotiations. Trump cited high Indian tariffs and its energy and military... IndiaTimes
US Treasury Secretary Scott Bessent expressed frustration with India's trade practices, particularly its purchase of sanctioned Russian oil, leading to potential... IndiaTimes