Defence Minister Rajnath Singh stated that India didn't immediately retaliate to the US's 50% tariff due to its broad-mindedness. He expressed confidence that Pakistan-occupied Kashmir (PoK) will eventually become part of India without aggressive action,

The U.S. may soon scrap the penal import tariff on Indian goods and also cut reciprocal tariff to 10-15% from the existing 25%, India's Chief Economist Adviser V. Anantha Nageswaran said on Thursday.

Welcome back. In late August, US President Donald Trump raised his already high duties on India to 50 per cent as punishment for the country’s purchases of Russian oil. That made it one of the world’s most heavily tariffed countries by the US.

On August 27, President Donald Trump’s 50 percent tariffs on India, some of the steepest he has imposed on any country in the world, went into effect. The levies mark an astounding rupture between the world’s two largest democracies—and a setback for a partnership whose geopolitical significance had been growing.

US tariffs have significantly impacted India's exports to the US, causing a 22.2% drop between May and August 2025. While tariffed goods like textiles and seafood suffered, surprisingly, duty-free exports,

The event, ‘India-USA Space Collaboration: The Frontiers of a Futuristic Partnership’, was held at India House on Monday and celebrated recent milestones, including the joint NASA–ISRO NISAR satellite and the Axiom Mission-4, which carried Indian astronaut Shubhanshu Shukla to the International Space Station.

India moves to cut taxes on hundreds of consumer goods ranging from air conditioners to small cars to bolster local consumption and cushion the economy from the blow of steep U.S. import tariffs.

Earlier this month President Trump signed an executive order imposing an additional 25% tariff on India due its purchases of Russian oil, bringing the combined tariffs to 50%.

The steep levy on a country considered crucial to U.S. strategic interests in the region is now one of the highest of the many tariffs imposed during Trump's ongoing global trade war.

India's smartphone exports to the US have plummeted by 58% from May to August 2025, declining from USD 2.29 billion to USD 964.8 million, according to the Global Trade Research Initiative (GTRI)., Industry,

JPMorgan Chase views India as a promising economy despite global challenges, citing strong domestic growth. While acknowledging concerns like tariffs and H1B visa issues, the bank remains optimistic about India's ability to navigate these hurdles.