US Edition
India-US Trade Deal: Top Five Roadblocks that May Arise After Trump's Tariffs on India
DISTRICT OF COLUMBIA, UNITED STATES, AUG 2 – The tariffs target India amid stalled trade talks over agriculture and Russian oil imports, with analysts predicting a potential 30% drop in Indian exports, according to the Global Trade Research Institute.
- On Friday, President Donald Trump announced new universal tariff rates, marking the start of a new world order of trade in Washington.
- The tariffs follow months of extensions and reductions aimed at allowing trading partners time to negotiate deals with the administration.
- Trump reached an agreement to implement a 15% tax on imports from Japan, which led to an 8% increase in Toyota's stock value, while some legislators raised concerns about the potential effects on domestic manufacturing and international partnerships.
- July job data released on Friday showed a decline of 11,000 manufacturing positions, an increase in the unemployment rate to 4.2%, and a total of only 73,000 new jobs added to the economy, prompting criticism that tariffs drive up costs and negatively impact small businesses.
- Senators and trade groups warned that the economy cannot sustain lasting double-digit tariffs, and if economic indicators worsen, Trump may reverse his tariff policy.
18 Articles
18 Articles
Trump's tariffs are already changing global trade
The Trump administration is imposing tariffs on allies and adversaries alike—15% on the EU, 50% on Brazil, 25% on India. America has become the main driver of global economic uncertainty and increasingly seen as an unreliable trade partner. So what can countries do? They adapt. If they can’t trade through Washington, they’ll try trading around it. On Ian Explains, Ian Bremmer breaks down the new global trade map as allies negotiate their own all…
Trading partners, private sector confront reality of Trump's tariffs
WASHINGTON, DC - JULY 31: U.S. President Donald Trump (C) speaks during an executive order signing ceremony in the Roosevelt Room of the White House on July 31, 2025 in Washington, DC. Standing with Trump are (L-R) US Treasury Secretary Scott Bessent, Secretary of Education Linda McMahon, Commerce Secretary Howard Lutnick, Vice President JD Vance, Kansas City Chiefs kicker Harrison Butker, WWE Chief Creative Officer Paul “Triple H” Levesque, and…
REUTERS/Mike Blake US President Donald Trump announced heavy tariffs on exports from 69 trading partners, including Canada, Brazil, India, Taiwan and Switzerland, as part of his plan to restructure international trade before Friday's deadline to reach agreements. The executive order sets 35% tariffs for Canada's products, 50% for Brazil, 25% for India, 20% for Taiwan and 39% for Switzerland, as well as general tariffs ranging from 10% to 41% for…
Indian textile industry voices concern over sudden change in US tariff rates | Trade Data News India
Stakeholders in the textile industry have expressed alarm over the recent increase in US duties on imports of textiles and clothing, stating that the action may hurt export competitiveness and halt trade momentum at a time when India is increasing its international trade activities. S K Sundararaman, the chairman of the Southern India Mills’ Association […] The post Indian textile industry voices concern over sudden change in US tariff rates app…
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