India seeks quick US trade deal
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Reuters |
India wants to move quickly on a trade deal with the United States, a government official said on Thursday, after President Donald Trump's decision to pause reciprocal tariffs on dozens of countries,...
Reuters |
The U.S. was the company's biggest buyer of shrimp in fiscal 2024, according to Costal Corp's latest annual report.
The Financial Times |
An Indian government official said on Wednesday that the trade discussions with the UK were going “very well” and that agreement on a trade accord could be reached in the coming months.
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India's top software-services exporter Tata Consultancy Services reported weaker-than-expected quarterly results on Thursday and warned uncertainty around U.S. tariffs was prompting clients to rethink discretionary projects.
On Monday, Karoline Leavitt, the White House press secretary, listed India as one of the countries that imposed high tariffs on US goods. Leavitt told reporters: “It’s time for reciprocity, and it’s time for a president to make a historic change ...
If Trump follows through on his tariff plans after the current pause, India could see a $7.76bn - or 6.4% - drop in exports to the US this year, according to an estimate by Global Trade Research Initiative (GTRI), a Delhi-based think tank. (In 2024, India exported $89bn worth of goods to the American market.)
The sharply high tariffs on China could provide a comparative advantage for India, as businesses based in China may now look to shift operations to countries with lower tariff regimes, such as India.
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Asian News International on MSNIndia handling reciprocal tariffs issue wisely with intent to hike trade with US by 2.5 times: Piyush GoyalUnion Commerce and Industry Minister Piyush Goyal on Thursday said that India is handling the US reciprocal tariff issue wisely, with a focus to increase its trade with the US by two and half times.Speaking to reporters in Mumbai,
President Trump addressed trade policy challenges, acknowledging "transition problems" amid tariff adjustments and market volatility. Despite a stock market drop following tariff clarifications on China,
Major” tariffs on pharmaceutical imports are coming soon, President Donald Trump says, pledging that they’d help bring drug manufacturing back to the US while lamenting that other countries pay much lower prices for the same medicines.
9hon MSN
India was among the countries hit with a steep 26 percent tariff, higher than rates applied to regional competitors like Thailand, Vietnam, and China. However, the latest order halts enforcement of a specific clause in Executive Order 14257 until July 9,