US tariffs hit India’s export engine: GTRI report shows 37.5% slump across key sectors; smartphones, pharma, gems among worst hit
India’s exports to the US plummeted 37.5% between May and September 2025 due to sweeping tariff hikes by the Trump administration. Shipments fell from $8.8 ...
Close to finalising trade deal with US, govt signals
The government is nearing a bilateral trade deal with the US and plans to announce the Export Promotion Mission soon. Exporters sought relief from US ...
Trump tariffs: US 40% trans-shipment levy intended for China could end up hitting Asean, India
A new 40% US trans-shipment tariff is set to create significant compliance hurdles for Indian and Asean firms, particularly in electronics and machinery. Moody’s warns ...
Exports outlook: Piyush Goyal optimistic despite US tariffs; resilient growth expected
Union minister Piyush Goyal expressed confidence in India’s export growth for 2025-26, projecting a positive trajectory despite global uncertainties and US tariffs. He highlighted a ...
50% US tariffs: Indian refiners look to cut back on Russian crude imports; Trump claims India to stop buying oil from Moscow
India is reportedly planning to gradually reduce its Russian oil imports, a move influenced by US pressure and tariffs. While refiners await official directives, the ...
‘Fight to the end’: China warns against Trump’s 100% tariffs; ‘door remains open’ for negotiations
China has issued a strong warning to the US, declaring readiness to ‘fight to the end’ amidst escalating trade tensions. This comes after the US ...
‘US tariffs: Uncertainty bigger than Covid, financial crisis’
AIIB chief economist Erik Berglof states US tariffs create unprecedented global uncertainty, surpassing Covid or GFC impacts. He notes China’s preparedness and leverage, while global ...
FPI outflows: Foreign investors withdraw over Rs 23,800 in Sept; sell off triggered by US tariffs and H-1B visa fee hike
Foreign investors withdrew Rs 23,885 crore from Indian equities in September, marking the third consecutive month of outflows, driven by US trade shocks, rupee depreciation, ...
S&P Global warns! Taking out Russian oil would turn price dynamics ‘upside down’; Trump tariffs driving India to economic independence
S&P Global forecasts oil prices dropping to $55-60 a barrel next year, though removing Russian oil could fundamentally alter market dynamics. Surprisingly, high US tariffs ...
‘Severe sectoral pain’: India’s exports to US fall for third straight month as Trump imposes 50% tariffs; GTRI urges policy response
India’s exports to the US have been declining for three consecutive months, with August experiencing a significant 16.3% drop due to increased tariffs imposed by ...
