Trump tariffs push India
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The White House's abrupt move to double duties on Indian goods over its Russian oil purchases came with little warning and no clear path forward.
Republican-leaning Fox News pointed out that the Indian public opinion looks at Donald Trump's tariffs as a threat to the country's sovereignty
"US has imposed tariffs of up to 50% on India and even threatened for more. China firmly opposes it. Silence only emboldens the bully," Xu said on Thursday. Earlier this month, Trump imposed a 25% penalty on India in addition to 25% tariffs for buying oil and weapons from Russia. The new rate will come into effect on 27 August.
The rapprochement is not about Trump's tariffs, but easing tensions on the disputed Himalayan border, writes Harsh V. Pant.
Donald Trump’s threat to impose 50% tariffs is stealing the Christmas cheer for many Indian exporters who ship everything from tree lights to angels and other decorative holiday items.
Ecuador, meanwhile, is closely tracking tariffs on India to seize on business opportunities, but producers there will go slow on new investments amid uncertainty over whether India and the Trump administration could strike a tariff deal, said Jose Antonio Camposano, president of National Chamber of Aquaculture of Ecuador.
India's foreign minister S Jaishankar slammed Donald Trump's tariffs, saying he was "perplexed at the logic" behind the American move. Jaishankar, who is on a three-day trip to Moscow, also discussed trade,