India's proposed suspension of concessions in response to US tariffs on steel and aluminium could affect $7.6 billion in imports, resulting in $1.91 billion in duty collection.
1 min read13 May 2025JD Vance has also called Prime Minister Narendra Modi a “tough negotiator” and accused New Delhi of taking advantage of America.
2 min read2 May 2025The US and India are on track to finalize a bilateral trade agreement by fall, building on recent discussions regarding tariffs and market access. The deal could be India's first major trade pact with a developed economy in years, enhancing economic ties amid global uncertainties.
2 min read29 Apr 2025Economist Jeffrey Sachs explains the basic logic of how global trade works, and says the US will be the BIGGEST loser of this trade war. He also outlines why trade deficits don't mean that the world is cheating the US, it just means that Americans buy a lot. He also cautions countries like India against falling into Trump's trap... asking countries to unite against protectionist policies that'll wreak havoc on the world. Watch
24 Apr 2025India, US trade talks from Apr 23 in Washington; to give impetus to BTA negotiations
2 min read23 Apr 2025The US vice-president isn’t known for decorous language abroad, but India expects its sensitivities to be respected. Decorum must be maintained for India-US relations to move forward.
4 min read22 Apr 2025US Vice-President J.D. Vance’s visit to India may speed up progress on a trade deal with the US, although contentious areas remain. Meanwhile, we have good reason not to ignore Beijing’s overtures.
3 min read22 Apr 2025Sitharaman said trade talks with the US are progressing steadily, with both sides working to resolve outstanding issues and laying the groundwork for a broader trade partnership.
2 min read21 Apr 2025Negotiations for an India-US trade pact face challenges over US animal feed practices affecting dairy imports. India insists on vegetarian certification for US products, while considering tariff concessions on certain nuts and fruits. Upcoming talks aim to resolve key issues before the 2025 deadline
5 min read21 Apr 2025India-US trade deal: An interim trade agreement between the two countries could be finalised in the 90-day tariff pause announced by the Trump administration if it is a ‘win-win’ for both sides.
3 min read19 Apr 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared