India US trade Archives

August 28, 2025 4:50 PM

FM Sitharaman assures exporters of govt support amid US tariff hike

Finance Minister Nirmala Sitharaman on Thursday reassured exporters that the government stands firmly with them as the hike in US tariffs comes into effect, creating uncertainty in the global market. Addressing a delegation of the Federation of Indi...

August 13, 2025 1:52 PM

India’s current account deficit projected at 0.9% in FY26 despite US tariffs

India’s current account deficit (CAD) is expected to remain below 1 per cent of GDP in the current financial year despite the higher tariffs imposed by US President Donald Trump on Indian goods, according to CareEdge Ratings. The rating agency has...

August 7, 2025 8:33 AM

Trump imposes additional 25% tariff on Indian imports; economists warn of impact on growth

U.S. President Donald Trump has imposed an additional 25% tariff on imports from India, a move economists say could dent India’s GDP growth in FY26 by up to 0.4%. Sonal Badhan, Economics Specialist at Bank of Baroda, told ANI, “We had initia...

July 31, 2025 10:16 AM

Will take all necessary steps to safeguard national interest: India responds to Trump’s statement on bilateral trade

The Government of India has taken note of a recent statement by the US President concerning bilateral trade and is currently studying its implications. Over the past few months, India and the United States have been engaged in negotiations aimed at ...

July 30, 2025 4:55 PM

Skilled Workforce Drives India’s Rise as the World’s Leading Remittance Recipient

Thanks to the demographic dividend, with 65% of India’s population being under 35 years of age, and India being the largest provider of human resources in the world, with the largest pool of STEM graduates (STEM: Science, Technology, Engineering, a...

June 27, 2025 1:04 PM

India’s engineering exports to US rise in May despite tariff challenges

India’s engineering goods exports to the United States saw a 4.6 per cent increase in May this year, reaching $1.74 billion, even as exporters navigated uncertainty over tariff measures announced by President Donald Trump. The uptick reflects resil...

November 14, 2023 10:27 AM

Piyush Goyal holds meeting with US Trade Representative Katherine Tai

Union Minister for Commerce and Industry, Piyush Goyal, who is currently on a visit to the United States, held a meeting with US Trade Representative Ambassador Katherine Tai on Monday, during the Indo-Pacific Economic Framework (IPEF) in San Francis...