Trump tariff: Ministry drafts multi-tier plan to shield Indian exporters; check key measures outlined
Saturday, 30 August 2025 () The Commerce Ministry of India is developing a strategy. This strategy aims to support Indian exporters facing new US tariffs. The plan includes easing liquidity and offering flexibility to SEZ units. It also promotes import substitution. E-commerce export hubs will be operationalised. The government will focus on financial and non-financial support.
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...
Tensions between Washington and Moscow are escalating as U.S. jets intercepted a Russian IL-20 “Coot” spy plane near Alaska’s Air Defense Identification Zone. NORAD scrambled an E-3 Sentry, F-16..
The India-US relationship has entered turbulent waters after US treasury secretary Scott Bessent warned that despite being “very complicated,” the two nations would eventually “come together.”..
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..
A day after US President Donald Trump's 50% tariffs, the Union Commerce Ministry on Thursday revealed its plans to expedite the rollout of an export promotion... DNA
Saturday, 30 August 2025 ()
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