Trump tariffs push India
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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
Xu said at a time of “hegemony, protectionism, power politics and bullying”, China and India have the responsibility to take the lead in promoting an “equal and orderly multipolar world”.
"For more effective multilateralism, we agreed to work closely together in preparation for the French presidency of the G7 and the Indian presidency of the BRICS in 2026," Macron said. Please click here to add Swarajya as your preferred and trusted news source on Google.
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. Delhi's increased imports of cheap Russian crude since the Ukraine war has caused a strain in its ties with the US and impacted negotiations on a trade deal.
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China Condemns US Tariffs on India, Calls for Cooperation
Beijing has strongly criticized the United States for imposing steep tariffs on India, calling the move a form of bullying. UK loan company goes bust and wipes debt for thousands Nia Wilson’s Final Moments Caught on CCTV Ukraine-Russia war latest ...
Indian companies have seen the steepest earnings downgrades in Asia, with analysts slashing forecasts as steep U.S. tariffs heighten risks to growth even if proposed domestic tax cuts help cushion the impact.
Capital goods, chemicals, automobiles, and food and beverage exports would face the toughest adjustment, the S&P Global report said.
The rapprochement is not about Trump's tariffs, but easing tensions on the disputed Himalayan border, writes .
India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign,
Peter Navarro alleged that the money India makes from trade with the US is being used to buy discounted Russian crude, which is then refined and resold at higher prices in other markets.