India, Trump and tariff
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India has recommended a three-year import tariff of 11%-12% on some steel products to curb shipments from top producer China.
S&P Global Ratings affirms that high US tariffs are unlikely to significantly hinder India's long-term growth, citing strong economic fundamentals and ongoing reforms. India's domestically-oriented economy,
Many cooking spices are imported from India, and the 50 percent tariffs on the country’s imports could drive costs higher.
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. Now, Donald Trump's 50% tariff threat is forcing many to consider other ways of making money.
New Delhi’s frayed ties with Washington have added to a thaw in the frosty relationship with Beijing that began last year.
India’s economic outlook could be set for a major shift, with three key developments — the recent S&P credit rating upgrade, a major revamp of the GST structure and changing US trade tariffs — likely to play a crucial role in shaping the country’s growth path,
In response to Washington's oil-linked tariffs, India is strategically recalibrating its diplomatic approach. By reviving the Russia-India-China troika and engaging with both Moscow and Beijing, India signals its commitment to strategic autonomy.
India trade relations prompted foreign investors to flee companies exposed to tariff risks, but retail investors significantly increased their buying in these stocks during the April-June period.