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Why Has India Vowed to Protect Its Farmers in the Face of Tariff Threats?
INDIA, JUL 31 – The 25% tariffs could reduce India’s GDP growth by up to 0.4%, with economists warning of negative impacts on exports and investment amid ongoing trade negotiations.
- On August 1, 2025, President Donald Trump announced a penalty on India for buying Russian oil and weapons, starting that date, as he criticized high tariffs.
- With talks ongoing through August, Trump said tariffs could hit India’s exports, amid the absence of an interim trade agreement.
- Amid the tariff shock, India’s Nifty 50 and BSE Sensex fell about 0.6%, and economists estimate a 0.2% GDP impact.
- India’s commerce ministry said it is studying the 'implications' of the tariffs while FICCI president Mr Harsha Vardhan Agarwal called the move unfortunate.
- Despite the tariff hike, negotiators will continue through August with a US team visiting later next month, and both sides have until 12 August to finalize a deal.
28 Articles
28 Articles
Why India Has Vowed To Protect Its Farmers In The Face Of Tariff Threats
Trump slapped a 25 per cent tariff on Indian goods after prolonged talks that got bogged down over access to India's labour-intensive agricultural sector, which New Delhi has pledged to protect.
Channel News Asia
Why has India vowed to protect its farmers in the face of tariff threats?
MUMBAI: United States President Donald Trump on Thursday (Jul 31) slapped a 25 per cent tariff on Indian goods after prolonged talks that got bogged down over access to India's labour-intensive agricultural sector, which
India May Face Annual Export Loss of USD 5-6.75 Billion Because of 25% Tariffs Imposed by US: Report
Get latest articles and stories on Business at LatestLY. India may face an annual export loss of USD 5 to USD 6.75 billion if demand declines by 20 to 30 per cent because of 15 per cent tariff imposed by US, said a report by Ventura Securities. Business News | India May Face Annual Export Loss of USD 5-6.75 Billion Because of 25% Tariffs Imposed by US: Report.
The US tariff war against India could cause long-term damage to one of the most important diplomatic relationships in the world, according to an Indian expert, who also sees room for compromise.
Trump's 25% tariff on India could drag down GDP growth by 50-60 basis points, say analysts
US President Donald Trumps' 25% tariff on India could slash India's projected GDP growth by 50-60 basis points, dragging it below the 6%-mark. Currently, the Reserve Bank has projected the GDP growth for this year at 6.5%.
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