Trump tariff impact: India faces hard choices, says GTRI; warns of $50bn export hit
Friday, 15 August 2025 () India faces a strategic dilemma as the US imposes a 50% tariff on most Indian goods, potentially costing India $50 billion. Options include negotiation, retaliation, export diversification, or offering concessions like halting Russian oil imports. Bilateral trade talks continue despite the dispute, with aims to significantly increase trade by 2030.
Prime Minister Narendra Modi delivered a sharp rebuke to U.S. President Donald Trump’s tariff policies, vowing to shield India’s farmers from the impact of escalating trade tensions. Speaking against the backdrop of strained India-US economic ties, Modi asserted that India will not bow to...
Russia claims a major victory in Donbass, announcing over 265 Ukrainian soldiers killed in strikes during the liberation of Shcherbinovka, Donetsk. The Defense Ministry released footage showing..
Former President Donald Trump sparked headlines by comparing his life to Sylvester Stallone’s iconic character Rocky, saying it’s been “one shot & heart pop out.” Speaking ahead of the Kennedy..
California Governor Gavin Newsom has ignited a heated feud with Donald Trump over GOP-led redistricting efforts in Texas, warning of a national “map arms race.” After Democrats blocked a Republican..
Friday, 15 August 2025 ()
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