Key Terms of the ‘Historic’ India–US Trade Deal: What Trump’s ‘Zero Tariff’ Claim Really Means
The United States has formally outlined the contours of what the Donald Trump administration is calling a “historic” trade understanding with India, offering clarity on President Trump’s controversial claim that New Delhi has agreed to cut tariffs on American goods to “zero”. A detailed White House statement released this week provides a more nuanced picture […]
US Slaps 25% Tariff, Additional Penalties on India Over Russian Oil, High Trade Barriers
New Delhi: US President Donald Trump on Wednesday announced a 25% tariff on Indian goods, coupled with additional penalties linked to India’s purchase of Russian oil and military equipment. The announcement comes just two days before the August 1 reciprocal tariff deadline, heightening tensions between Washington and New Delhi. Calling India “Russia’s largest buyer of […]