India, Trump and 25 percent tariff
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US President Donald Trump has faced the scrutiny of friends and foes alike since he all but declared an economic war against India by threatening to impose 25 per cent punitive tariffs on India over its oil trade with Russia, on top of the 25 per cent ...
By Rishika Sadam HYDERABAD, India/GUAYAQUIL, Ecuador (Reuters) -On India's southern coast, V. Srinivas thrived for two decades by farming shrimp, as the country became the top supplier of the delicacy to the United States.
U.S. President Donald Trump has announced additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%
US economist Jeffrey Sachs has doubled down on his criticism of the Donald Trump administration's move to impose 50 per cent punitive tariffs on India, calling the American President the great unifier of the BRICS.
The U.S. in July imposed a punitive 93.5% tariff on import of graphite anode materials from China, creating an opportunity for India's Epsilon to break Beijing's monopoly on supplies of the key battery component.
India on Wednesday test-fired an intermediate-range ballistic missile capable of carrying multiple nuclear warheads, a government statement said, in an apparent show of strength ahead of a threatened US tariff increase.