Trade war: Rupee rises 5 paise against US dollar despite Trump’s 50% tariff blow on India
Thursday, 7 August 2025 () The rupee appreciated slightly to 87.67 against the US dollar following President Trump's imposition of a 50% duty on Indian goods in response to continued Russian oil imports. This move threatens Indian exports and could negatively impact India's GDP growth, potentially falling below 6% in FY26.
Nikki Haley has sharply criticized Donald Trump’s proposed tariffs on Indian goods over New Delhi’s Russian oil purchases, calling the move "strategically dangerous." In a viral post on ‘X’, the former UN Ambassador warned Trump not to “burn a relationship with a strong ally like India”...
Donald Trump has declared that “billions are flowing into America” due to his latest round of tariff hikes, which took effect August 7. Claiming an economic windfall, Trump said the tariffs will..
Just a day after Trump’s harsh new tariffs on India, NSA Ajit Doval met Russian President Vladimir Putin in Moscow to reaffirm and expand the India–Russia strategic partnership. With U.S. pressure..
The India US Tariffs issue is grabbing global attention. With Trump imposing an additional 25% tariff on Indian goods, raising the total to 50%, serious questions are being raised. Why is India being..
The rupee plummeted to a record closing low of 87.8 against the dollar amid escalating US-India trade tensions fueled by potential tariff hikes. Equities... IndiaTimes
Thursday, 7 August 2025 ()
![‘Billions flowing into US’ Trump makes Sky-high claims on Tariff gains | Netizens BUST Trump’s Lies [Video]](https://video.newsserve.net/300/v/20250807/1418913606-Billions-flowing-into-US-Trump-makes-Sky-high.jpg)
![Putin Meets NSA Ajit Doval to COUNTER Trump’s Penalty tariffs on India’s purchase of Russian oil [Video]](https://video.newsserve.net/300/v/20250807/1418910930-Putin-Meets-NSA-Ajit-Doval-to-COUNTER-Trump.jpg)
![India US Tariffs Explained: Why Trump’s Trade War Targets Delhi, Not Beijing| Oneindia [Video]](https://video.newsserve.net/300/v/20250807/1418908642-India-US-Tariffs-Explained-Why-Trump-Trade.jpg)
