Donald Trump’s tariffs put India at disadvantage to peers; 70% of Indian exports to US ‘under serious threat’: Barclays
Wednesday, 27 August 2025 () Barclays warns that US President Donald Trump's 50% tariffs pose a 'serious threat' to 70% of India's exports to the US. While smartphones and pharmaceuticals are currently exempt, key sectors like electrical machinery and gems & jewellery face significant challenges. India is exploring strategies such as GST rate reductions, reactivating credit schemes, and diversifying export markets through FTAs to mitigate the impact.
President Trump has imposed 50% punitive tariffs on India, accusing New Delhi of “funding Russia’s war machine” through increased oil imports from Moscow. The move threatens $48.2 billion worth of Indian exports, with SBI warning of a 0.3–0.6% GDP hit. Prime Minister Narendra Modi has refused...
In a dramatic turn, the Kremlin has called for details of Ukraine peace talks to remain strictly confidential. Spokesman Dmitry Peskov warned that public debate could derail negotiations, stressing..
From issuing a chilling warning to Vladimir Putin to making a lighthearted wish for Taylor Swift, Donald Trump’s August 26 media interaction was full of headline-grabbing moments. The U.S President..
U.S. President Trump has once again claimed he stopped a potential nuclear war between India and Pakistan, saying he spoke with Prime Minister Modi to prevent escalation. The Indian government strongly..
Wednesday, 27 August 2025 ()
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