India seeks lower tariff than Indonesia
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A deal with India may be coming as well. “We’re very close to a deal with India,” he said. While negotiations with Japan are also ongoing, they are likely to remain at the 25% rate he announced last week.
President Donald Trump said on Wednesday the U.S. will probably "live by the letter" on tariffs with Japan and may have another trade deal coming up with India, following his announcement of an accord with Indonesia on Tuesday.
Trump said the bilateral trade pact with Indonesia would result in tariff- and non-tariff-barrier-free access for US goods to the Indonesian market
Elon Musk’s electric vehicle (EV) company is braving high tariffs and stiff competition in India’s nascent but rapidly expanding EV market. As New Delhi negotiates a trade deal with the United States, India’s car sector tariffs, arguably among the ...
US President Donald Trump has said yet again that the US has a deal coming up with India but suggested that additional tariffs may still be imposed on the country.
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US President Donald Trump on Wednesday hinted at reaching a new trade deal with India soon. While adding "maybe", he said that currently the US is in negotiations with India.
US President Trump announced the US is pursuing a trade agreement with India, aiming for greater access to Indian markets, similar to the deal struck
The demand outlook for India's $283-billion IT sector remains uncertain due to U.S. tariff risks and global geopolitical factors, a senior Wipro executive said on Wednesday.
China has welcomed a Russian proposal for the restoration of a three-member bloc with India, saying cooperation would be in their interests and would contribute to peace and security, raising the prospect of a revitalized alliance that could challenge U.
India believes it is premature to create a contingency plan without clarity on the scope and impact of the US's reciprocal tariffs. ⦁ India and the EU will resume negotiations on their free trade agreement in early September.
Tesla launched on Tuesday its Model Y at about $70,000 in India, a significant markup relative to its other major markets, reflecting the country's high tariffs on electric vehicle imports which CEO Elon Musk has long-criticised.