India, Trump and Tariff
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India is preparing to face higher U.S. tariffs — likely between 20% and 25% — on some of its exports as a temporary measure, as it holds off on fresh trade concessions ahead of Washington's August 1 deadline,
With Trump's tariffs looming, Indian and American officials are in intense discussions to find common ground on customs duties. Despite USTR Jamieson
3hon MSN
The trade deal between India and the US remains unfinalized despite ongoing discussions. Key issues include US demands for greater access to Indian agricultural markets and tariffs on imports. Delays could negatively impact the Indian economy and stock market.
By Sethuraman N R (Reuters) -Indian solar panel maker Waaree Energies said on Tuesday that it is "confident" about its exports to the United States and is prepared to address any potential anti-dumping investigation,
For the first time India has overtaken China as the No. 1 exporter of smartphones to the United States, following Apple’s tariff-driven manufacturing pivot to New Delhi.
This might be a one-off after Apple reportedly shipped 600 tons of iPhones from India in April to avoid tariff threats, but a new report from Canalys tracks with Apple’s intention to move the totality of its US iPhone production to the country by the end of 2026.
The previous round of talks took place in Washington, where India's chief negotiator Rajesh Agrawal and Brendan Lynch, the Assistant US Trade Representative for South and Central Asia, engaged in detailed discussions.
India beats China to emerge as top source of smartphone shipments into US for the first time in Q2 2025.
India's equity benchmarks inched lower on Tuesday amid caution over a delay in an interim trade deal with the United States, sustained foreign outflows and weak earnings.
The United States smartphone market is in flux as uncertainty around tariffs continues, with Apple taking a 11% year-on-year shipment decline after strong growth in Q1.