エピソード

  • US-India Trade Tensions Escalate: August 1 Tariff Deadline Looms, Negotiations Intensify for Bilateral Agreement

    US-India Trade Tensions Escalate: August 1 Tariff Deadline Looms, Negotiations Intensify for Bilateral Agreement
    2025/07/21
    Listeners, welcome to “India Tariff News and Tracker.” Key developments are unfolding as the United States and India reach a pivotal moment in their ongoing trade negotiations. US Commerce Secretary Howard Lutnick announced that August 1 is a hard deadline for countries to start paying new tariffs to the United States, with no further extensions expected. Lutnick stated on CBS News that countries, including India, will begin paying the new rates starting August 1, although discussions can still continue beyond that date.

    This deadline closely follows President Donald Trump’s continued push for what he calls “reciprocal tariffs,” a policy first announced on April 2. The tariffs, which include a 26% surcharge on Indian exports, as well as separate tariffs of 50% on steel and aluminium and 25% on autos, were initially delayed to allow the two nations more time for negotiations. As of now, that window is set to close on August 1, placing intense pressure on negotiators in both Washington and New Delhi. Indian officials are aggressively seeking the removal of the 26% tariff and relaxations on those additional Trump-era duties, while the US is seeking greater access for its industrial goods, electric vehicles, petrochemical products, agricultural products, and more.

    Despite multiple rounds of high-level talks, a breakthrough remains elusive. Agriculture and dairy access are particularly contentious; India has long resisted duty concessions in these sectors, with powerful farmer groups warning against including genetically modified crops or wider agricultural access in any deal. On the US side, Commerce Secretary Lutnick reiterated that these tariffs are meant to secure fairer trade terms and protect American jobs, asserting that large economies must either open their markets or pay what he termed a “fair tariff.”

    Indian exports targeted by the tariffs include textiles, leather goods, pharmaceuticals, and labor-intensive products. While an interim agreement may ease some sectors, trade experts from the Global Trade Research Initiative warn the proposed US deals often fall short of the World Trade Organization’s criteria for free trade agreements. In most cases, only the partner country—like India—lowers its tariffs, while the US only offers to roll back the most recent emergency tariffs, keeping most of its trade barriers in place.

    If the two nations fail to reach even a temporary deal by August 1, Indian exporters face the possibility of a minimum 10% additional levy, even if the controversial 26% surcharge, which has been ruled unlawful by a US federal court but remains under appeal, is eventually withdrawn.

    Negotiators are now working around the clock, with a US team set to visit New Delhi again in mid-August for further talks. Both sides still aim to secure a comprehensive bilateral trade agreement before the end of the year, potentially giving Indian exporters a crucial tariff advantage over regional rivals.

    Thanks for tuning in to this special update of India Tariff News and Tracker. Don’t forget to subscribe to stay ahead of the latest trade headlines. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
    続きを読む 一部表示
    4 分
  • US-India Trade Tensions Escalate: Tariff Threats Loom as Negotiations Intensify Over Agriculture and Auto Sectors

    US-India Trade Tensions Escalate: Tariff Threats Loom as Negotiations Intensify Over Agriculture and Auto Sectors
    2025/07/20
    Listeners, significant shifts are unfolding in US-India trade as President Donald Trump’s administration pushes hard on new tariffs and trade deadlines. A high-stakes round of negotiations just concluded in Washington, aiming to secure an interim deal before August 1, when a tariff relief period expires. Without an agreement, Indian exports could be hit by tariffs as high as 26 percent, a move that would impact billions in trade value according to commerce ministry officials and coverage by Azernews and The Financial Express.

    Central to these trade talks are agriculture and automobiles. The US is demanding greater agricultural access to Indian markets, particularly for genetically modified crops such as soya and corn. Indian farmer groups like the Indian Coordination Committee of Farmers Movements are strongly resisting, arguing that GM imports would devastate domestic agriculture and rural livelihoods. With elections looming in India, the government is cautious about provoking farmers and has so far declined to include agriculture in any immediate deal, as reported by The Financial Express.

    Automobiles are another sticking point. The Trump administration has set a 25 percent tariff on passenger vehicles and certain auto components from India since May. India’s government says this threatens nearly three billion dollars’ worth of exports but the US insists the measure is justified under national security exemptions. India has challenged these tariffs at the World Trade Organization, but the US claims they cannot be challenged under WTO rules.

    All of this unfolds against a larger backdrop of escalating tariff threats. President Trump has recently warned that member states of BRICS, including India, could face a blanket 10 percent tariff on exports to the US if the group continues to pursue alternatives to the US dollar. The Times of India and Hindustan Times report Trump’s tough rhetoric against BRICS and insistence on protecting dollar dominance. At the same time, trade data shows that despite a baseline 10 percent reciprocal tariff already in place, India’s exports to the US rose 22 percent from April to June, while imports grew by 12 percent, as reported by the Indian Panorama.

    Yet none of the proposed new tariff rates for India have been formally finalized, even as the revised tariffs for other countries range between 25 and 40 percent. Trump’s administration has unilaterally hiked tariffs for 24 countries and even threatened rates up to 50 percent, particularly on Brazil. Meanwhile, Trump indicated in a recent Real America’s Voice interview, referenced by DD News, that he might impose a 10 to 15 percent tariff on smaller countries as a negotiation tactic to reduce the US trade deficit.

    Amid these tariff threats and ongoing negotiations, India and the US aim to deepen their strategic economic partnership, with both sides hoping to reach not just an interim deal, but a comprehensive bilateral agreement by the end of the year.

    Thanks for tuning in to India Tariff News and Tracker. Don’t forget to subscribe to stay ahead on every development. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
    続きを読む 一部表示
    3 分
  • US India Trade Talks Reach Critical Stage Potential 10 to 15 Percent Tariff Deal Signals Breakthrough in Bilateral Relations

    US India Trade Talks Reach Critical Stage Potential 10 to 15 Percent Tariff Deal Signals Breakthrough in Bilateral Relations
    2025/07/18
    Welcome to India Tariff News and Tracker, your latest source for updates on the evolving trade landscape between the United States and India.

    Listeners, the big story today is the rapidly unfolding US-India tariff negotiations, now in their final stretch before the critical August 1 deadline. The Trump administration had earlier proposed a hefty 27% reciprocal tariff on Indian goods under the so-called “Liberation Day” policy, sharply higher than the universal 10% tariff the US has already levied on most global imports. However, fresh reports from The New Indian Express and Business Standard confirm that both Washington and New Delhi are now moving toward a more modest tariff band in the range of 10–15%, putting India in a considerably better position than some of its regional competitors like Indonesia and Vietnam, where tariffs have landed at 19–20%.

    This progress follows weeks of intense negotiations, with Indian officials urgently pushing for preferential treatment. As detailed by Business Today, India’s trade team, led by Special Secretary Rajesh Agrawal, is currently in Washington aiming to secure a deal that shelters Indian exports from the full brunt of the proposed reciprocal tariff. This is especially important since the US remains India’s single-largest export destination, accounting for over $86 billion in goods last fiscal year and a $40.8 billion trade surplus.

    The scene is tense in export-dependent sectors such as electronics, auto parts, chemicals, and agriculture, where Indian businesses have delayed shipments and paused new orders while awaiting tariff clarity. According to analysis cited by Policy Circle, India’s government think tank NITI Aayog has been vocal about the need to fast-track a deal, warning that any delay could trigger the automatic 10% tariff on Indian exports, with the threat of hikes to 27% lingering overhead.

    Preferential agreement could be the lifeline Indian exporters need, with Business Today noting optimism in Delhi that a preliminary pact may be announced before the deadline. If sealed, it would give Indian exporters better terms than many competitors. Meanwhile, watchers warn that negotiations remain delicate, with US lawmakers proposing even more punitive measures—like huge tariffs on countries importing Russian crude, a group that includes India. Nonetheless, the consensus in recent major business publications is that odds favor a deal with tariffs settling at no higher than 15–20%, and possibly as low as 10%, potentially sparing India major disruption.

    Listeners should keep an eye on the final days of July for official announcements. Any breakthrough will significantly impact Indian business decisions and the broader South Asian trade landscape, given the scale of US-bound shipments.

    Thanks for tuning in to India Tariff News and Tracker—please remember to subscribe so you never miss an update. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
    続きを読む 一部表示
    3 分
  • US India Trade Tensions Escalate: Trump Sets August 1 Deadline for Tariff Deal Modeled on Indonesia Agreement

    US India Trade Tensions Escalate: Trump Sets August 1 Deadline for Tariff Deal Modeled on Indonesia Agreement
    2025/07/16
    Today on India Tariff News and Tracker, the world is watching closely as the United States and India navigate turbulent trade waters ahead of the August 1 deadline set by President Donald Trump. Negotiations between the two nations have intensified, with Trump publicly stating that a trade pact with India is being modeled on the deal the US just finalized with Indonesia. That agreement saw Indonesia facing a 19 percent US tariff rate on exports while opening its own market fully to American goods, with the US paying no tariffs on its exports into Indonesia, and additional commitments from Indonesia for significant US goods purchases, according to coverage from Business Standard and NDTV.

    Trump has made clear this Indonesia template could be replicated with India. He said, “We're going to have access into India. You have to understand, we had no access to any of these countries. Our people couldn't go in, and now we're getting access because of what we're doing with the tariffs.” The president emphasized that if a deal isn’t hammered out by August 1, unspecified "arbitrary tariffs" would be imposed, as reported by NDTV and Times of India.

    India has yet to receive a formal tariff ultimatum letter, a move many interpret as a sign that negotiations are ongoing and perhaps nearing agreement. While Trump has threatened hefty tariffs—ranging from 10 percent on all BRICS countries, including India, to 50 percent on Brazilian goods, and even a punitive 100 percent tariff for nations still buying Russian oil (India being a leading purchaser)—the focus for India right now remains on averting high, one-sided tariffs and maintaining access to its largest export market. Politico notes that whatever deal is announced before the deadline is expected to be just the first phase, with a broader and more robust pact set for later in the year.

    It’s important to note that earlier this year the US imposed a 27 percent reciprocal tariff on India, prompting India to offer tariff reductions on motorcycles and whiskey and to open segments of its market to US goods, as detailed in Wikipedia’s summary of 2025 tariff events. Indian negotiators are pushing for a more balanced arrangement, wary of exposing sensitive agricultural and dairy sectors to duty-free competition from the US.

    According to analysis from Times of India and SBI Research, India is better positioned today to weather unfavorable deals by diversifying its export markets. However, Indian officials remain focused on sealing a deal that preserves access for its high-value exports and averts escalation in this rapidly shifting tariff climate.

    Thank you for tuning in. Don’t forget to subscribe for the latest updates. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
    続きを読む 一部表示
    3 分
  • India and US Edge Closer to Interim Trade Deal with Potential Tariff Reductions Below 20 Percent by August Deadline

    India and US Edge Closer to Interim Trade Deal with Potential Tariff Reductions Below 20 Percent by August Deadline
    2025/07/14
    Welcome to India Tariff News and Tracker.

    Listeners, the big story today is the ongoing negotiation between India and the United States over a crucial interim trade deal. According to The Bridge Chronicle and Financial Express, the US is expected to cap tariffs on Indian goods below 20 percent, a reduction from the earlier proposal of 26 percent. This puts India among a select group of countries with more favorable trade terms as President Donald Trump’s administration implements sweeping tariff hikes on many key partners, with some rates reaching as high as 50 percent. India, notably, has not received a formal tariff demand letter, underscoring the continued diplomatic engagement between the two sides.

    A high-level delegation from India’s Commerce and Industry Ministry has landed in Washington, D.C. for a fresh round of talks that could finalize this interim agreement. Both sides are racing against an August 1 deadline set by President Trump, after which reciprocal tariffs could be triggered if a deal isn’t reached. Washington’s recent tariff notifications have hit over 20 countries, but as of now, India remains in active negotiation rather than conflict. The target for both India and the US is to raise bilateral trade volume to 500 billion dollars by 2030.

    The big sticking points in these talks are agriculture and automobile sectors, with Indian negotiators having already outlined clear red lines on sensitive areas. The Economic Times and Global Trade Research Initiative caution that India should avoid rushing into an agreement that risks its core sectors, especially as other countries like the EU and Mexico face steep new duties.

    In the background, President Trump has recently doubled tariffs on steel and aluminum imports, now at 50 percent, prompting speculation that India could retaliate in kind if negotiations fail to yield a fair deal.

    Despite the uncertainty, analysts see opportunity for India. SBI Research and Economic Times report that India can benefit from the shifting tariff landscape, especially in chemicals, pharmaceuticals, and apparel, where higher tariffs on Chinese and Southeast Asian exports may allow India to gain valuable market share. If India secures a tariff rate lower than Singapore’s 25 percent, it could carve out a greater share of the US chemicals market adding as much as point two percent to India’s GDP, and apparel exports could see similar gains.

    Listeners, these are pivotal days for India-US trade relations, with high stakes for businesses and consumers on both sides. As always, we’ll keep you updated on new developments as they break.

    Thank you for tuning in to India Tariff News and Tracker. Don’t forget to subscribe. This has been a Quiet Please production, for more check out quietplease dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
    続きを読む 一部表示
    3 分
  • US-India Trade Talks Reveal Potential Tariff Breakthrough as Trump Administration Considers Reduced Rates for Indian Goods

    US-India Trade Talks Reveal Potential Tariff Breakthrough as Trump Administration Considers Reduced Rates for Indian Goods
    2025/07/13
    Listeners, welcome to India Tariff News and Tracker. Today is July 13th, 2025, and we’re here with the latest headlines and insights on tariffs and trade between the US and India, with a sharp focus on the Trump administration’s latest moves and what it all means for India’s economy and global trade.

    The big story right now is the ongoing negotiations between India and the US over a potential interim trade deal that could see the US reduce proposed tariffs on Indian goods to below 20 percent. According to Bloomberg and reports echoed by The Star, this is a major shift from the initially floated 26 percent rate and comes at a time when the Trump administration is rolling out far steeper tariffs for many other countries. These discussions position India as one of the few nations in favorable talks with Washington while the White House surprised dozens of trading partners this week by announcing tariffs as high as 50 percent on certain goods ahead of an August 1 deadline.

    India has acted swiftly to secure the best possible terms. Officials in New Delhi do not expect to receive a formal tariff demand letter like many other nations, which indicates a behind-the-scenes understanding may be close. Negotiators from India are set to visit Washington soon, with both sides still working out key sticking points, such as the US push for India to open its market to genetically modified crops—a proposal New Delhi has so far firmly rejected, citing risks to its farmers. Regulatory standards for agriculture and pharmaceuticals also remain unresolved, especially as the US recently announced a 50 percent tariff on copper and sectoral tariffs on pharmaceuticals, although the pharma tariffs have been deferred for at least a year.

    Meanwhile, India’s trade talks are happening against a backdrop of heightened global protectionism. President Trump has described BRICS—a group that includes India—as “anti-American” and threatened additional tariffs on its members. He has openly warned of blanket tariffs in the 15 to 20 percent range for partners who haven’t received their rates yet, with the current global minimum levy at 10 percent. For Asian countries, recent tariffs range from 20 percent for Vietnam and the Philippines to a staggering 40 percent for Laos and Myanmar. On top of all this, Trump has signaled he could support a 500 percent tariff on nations importing Russian energy, a move that would force India to balance its strategic partnerships.

    For Indian exporters, especially in metals and generics, the markets are watching closely. The US is India’s third-largest copper export market, and the pharmaceutical sector could face serious challenges if steep tariffs are implemented. Any decline in US demand for Indian copper might be absorbed domestically, but the pharma sector is more exposed, with the US accounting for 40 percent of India’s generic drug exports.

    As these negotiations continue, Indian officials have made clear they will only sign a deal that is fully finalized and serves the national interest. The world is watching how this high-stakes chess game between Trump’s White House and New Delhi unfolds in the coming weeks.

    Thanks for tuning in to India Tariff News and Tracker. Don’t forget to subscribe for the latest updates. This has been a Quiet Please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
    続きを読む 一部表示
    3 分
  • US India Trade Tensions Escalate as Trump Threatens Reciprocal Tariffs and Potential 10% BRICS Duty by August 2025

    US India Trade Tensions Escalate as Trump Threatens Reciprocal Tariffs and Potential 10% BRICS Duty by August 2025
    2025/07/11
    Welcome, listeners, to the latest episode of India Tariff News and Tracker.

    Big developments are underway in India-US trade relations as President Donald Trump intensifies his global tariff campaign. On July 9, Trump sent out formal tariff warning letters to multiple countries, but notably, India was not among those targeted for immediate action. According to American Bazaar, Trump’s administration has taken a more measured approach toward India compared to other nations, such as Brazil, which received a steep 50% tariff on exports to the US. The White House emphasized that while tariffs loom, negotiation remains open, and tariff rates could be adjusted based on the willingness of countries to make trade concessions.

    Meanwhile, Time reports that India faces the prospect of a 27% “reciprocal” tariff rate on its exports if a deal isn’t reached before the revised deadline of August 1, 2025. These reciprocal tariffs would be in addition to specific duties—such as a 25% tariff on cars and auto parts and a 50% duty on steel and aluminium imports—already in place for other nations. Trump has also warned of a blanket 10% additional tariff on BRICS countries, which directly includes India, accusing the bloc of undermining the US dollar. The president's July 6 statement left little room for exceptions and signaled his willingness to escalate further if he perceives anti-American economic alignment via BRICS.

    Despite the rising pressure, India’s government is holding its ground. The Economic Times outlines that Indian and US negotiators are locked in tense discussions, especially around agricultural, dairy, and auto market access. Commerce Minister Piyush Goyal has reiterated that India will not agree to a trade deal under the pressure of a deadline, making it clear that protecting domestic farmers and dairy producers is a priority, even as the US pushes for more access for its products. India has also officially reserved the right to impose retaliatory duties against the US under WTO rules, after Washington hit Indian auto parts and steel with 25% tariffs.

    While negotiations at the table continue in Washington, India is asserting itself at the WTO, challenging US trade actions and signaling a willingness to push back. According to the New Indian Express, Indian negotiators are scheduled for another visit to Washington in hopes of bridging key differences before the August deadline. If no deal is reached, sources say India may simply refuse to ink the agreement and instead accept the reciprocal US tariffs, underlining that the government’s strategy is to safeguard long-term national interests rather than yield to external pressure.

    For Indian exporters, this is a critical window. According to India Briefing, despite the uncertainty, India’s merchandise exports to the US saw a strong 27% year-on-year growth in April 2025, as importers rushed to beat impending tariff hikes. The Confederation of Indian Textile Industry noted that textile and apparel exports to the US are up more than 13% so far this year, underscoring America’s role as India’s top export market—though sector leaders warn that continued uncertainty could soon impact order flows.

    As we track these rapidly evolving negotiations and tariff actions, listeners should remain alert. The situation could shift by August 1, and both sides are under mounting political and economic pressure to reach an agreement.

    Thanks for tuning in to India Tariff News and Tracker. Don’t forget to subscribe for all the latest updates on US-India trade.

    This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
    続きを読む 一部表示
    4 分
  • Trump Targets India with Massive Tariffs on Copper, Pharma, and BRICS Amid Complex Trade Negotiations

    Trump Targets India with Massive Tariffs on Copper, Pharma, and BRICS Amid Complex Trade Negotiations
    2025/07/09
    Listeners, welcome to India Tariff News and Tracker. There is major movement in US-India trade relations as of July 9, 2025. President Donald Trump has ramped up his global tariff push, with the most headline-grabbing changes affecting copper, pharmaceuticals, and countries linked to BRICS—including India.

    Trump has announced a new 50% tariff on copper imports, to take effect at the end of July or August 1. India, as the US’s third-largest copper supplier, exported $360 million in copper to the US last year. Indian government officials are evaluating the impact, but with solid domestic demand for copper, the overall shock may be cushioned. Yet, this is a clear signal of toughening US trade policy towards India.

    The bigger jolt could come to Indian pharmaceutical exporters. Trump is warning of tariffs up to 200% on pharmaceutical imports after an 18-month transition. As the US is India’s largest pharma export destination, any implementation of these tariffs would disrupt a sector worth billions annually. Indian industry leaders are preparing for possible realignment of global supply chains if these duties are enacted, likely pushing firms to target other markets or boost competitiveness.

    BRICS membership is also putting India in the US tariff crosshairs. Trump has reiterated that all BRICS members, including India, will face an extra 10% tariff, accusing the bloc of trying to undermine the US dollar. He stated, “They will certainly have to pay 10% if they are in BRICS because BRICS was set up to hurt us, to degenerate our dollar... The Dollar is king. We are going to keep it that way.”

    Despite these threats, India and the US are in the final stages of negotiating a “mini trade deal,” with both sides aiming to double bilateral trade to $500 billion by 2030. Sensitive issues—especially agriculture and dairy—are being set aside for later phases to keep talks on track. As of now, the focus is on industrial goods, with India pushing for US tariff cuts on apparel, textiles, gems, leather, engineering goods, and more. At the same time, Washington is pressing for Indian concessions on automobiles, petrochemicals, and easing restrictions on genetically modified crops and cattle feed.

    President Trump’s hard August 1 deadline for new tariffs remains unchanged, and official letters have been sent to 14 countries laying out the new rates, some as high as 40%. Notably, India was excluded from this initial list—giving negotiators hope for a deal before the US “reciprocal” tariff of up to 27% on Indian exports kicks in. However, both sides remain far apart on agricultural access and data localization, and Indian officials insist deals will be made only “when the deal is good, fully matured, and in the national interest.”

    India continues to seek a win-win outcome, even as the Trump administration eyes a more aggressive trade correction. If a breakthrough comes soon, Indian exports of specific goods like motorcycles, whiskey, and textiles may see easier US access, but what India will gain in return remains under negotiation.

    Listeners, that’s all for today’s episode. Thank you for tuning in. Don’t forget to subscribe for the latest India Tariff News and Tracker updates. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
    続きを読む 一部表示
    4 分