Trump, India and Tariffs
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Advising retail investors to remain cautious about the India-US trade deal euphoria, Avinash Gorakshkar, SEBI-registered fundamental market analyst, said, "The India-US trade deal is about ensuring the interest of the two economies.
US President Donald Trump suggested that he would not go below 15% as he sets so-called reciprocal tariff rates ahead of an Aug. 1 deadline, an indication that the floor for the increased levies was rising.
The India-UK deal is significant as it would be the most comprehensive free trade agreements for India to have entered into so far and is going to be closely watched as a template for other upcoming major trade deals such as the agreement with the European Union.
While India’s trade progress is evident, New Delhi must harness deft diplomacy and bold reform as it tackles uncertainty abroad.
More than a dozen countries stand in the crosshairs of Trump's threat to impose 100% tariffs over their economic ties to Russia.
India may impose tariffs on certain goods produced in the U.S. in response to President Donald Trump's duties on steel and aluminum products. It is currently unknown which products might be affected.
CEO Tim Cook has found himself at the receiving end of President Donald Trump‘s criticism, marking a stark contrast to their previously warm relationship, but reports suggest iPhone production in India is not the only reason.
India is making "fantastic" progress in trade talks with the United States, Commerce Minister Piyush Goyal told Reuters on Thursday, adding he was very confident that India would get special treatment from President Donald Trump.