Trump tariffs
Indian Rupee Hits Record Low as US Tariffs and Trade Impasse Challenge India's Economic Outlook
Dec 17, 2025 04:36 pm CST
The Indian rupee has fallen to an all-time low against the US dollar, declining 6% this year due to punitive 50% US tariffs, widening trade deficits, and record $18 billion investment outflows. Despite looking undervalued, analysts believe the currency may continue to face pressure until India secures a trade agreement with Washington, creating significant challenges for global investors while potentially boosting export competitiveness in the long term.
India's Export Growth Defies US Tariffs: Strengthening Position in Trade Negotiations
Dec 17, 2025 01:30 am CST
India's exports surged over 22% to the US in November despite Trump's steep 50% tariffs, reaching a decade-high of $38.13 billion and strengthening New Delhi's position in ongoing trade negotiations. This resilience, driven by electronics exports and market diversification, coupled with India's robust 8.2% GDP growth, reduces pressure for hasty trade concessions while talks continue between the two nations.
India Rejects US Accusations of Rice Dumping, Highlights Premium Basmati Exports
Dec 15, 2025 11:01 pm CST
India has dismissed US President Trump's accusations of rice dumping, clarifying that its exports to the US primarily consist of premium-priced basmati varieties. This dispute comes after the US doubled tariffs on Indian imports to 50%, affecting various sectors. As the world's largest rice exporter, India shipped over 335,000 tons of rice to the US last year, with officials from both countries recently meeting to discuss bilateral trade relations and a potential trade agreement.
Trump's India Tariffs Push Modi Closer to Putin: Congressional Warning on Strategic Misstep
Dec 11, 2025 11:50 am CST
Congressional Democrats warn that President Trump's punitive tariffs and H-1B visa fees are jeopardizing the critical US-India strategic partnership, citing PM Modi's warm reception of Russian President Putin as evidence of India's shifting alignments. Experts testify that the administration's confrontational approach risks undermining decades of bipartisan progress in bilateral relations and may have lasting geopolitical consequences as India seeks alternative partnerships.
Federal Reserve Implements Third Rate Cut of the Year Amid Labor Market Concerns and Persistent Inflation
Dec 11, 2025 03:13 am CST
The US Federal Reserve has cut interest rates for the third consecutive time this year to a range between 3.50% and 3.75%, citing labor market concerns despite elevated inflation. The decision revealed deepening divisions among Fed officials, with three members voting against the reduction while the central bank projected at least one more rate cut next year and revised its 2026 GDP growth forecast upward to 2.3%.
Trump Warns Supreme Court Ruling Against Tariffs Would Create "Biggest" National Security Threat
Dec 10, 2025 02:48 am CST
President Trump claims a Supreme Court decision against his tariff authority would leave America "financially defenseless" while facing legal challenges from businesses and Democratic states who argue tariffs are Congress's constitutional power. Meanwhile, inflation concerns grow and even allies like Marjorie Taylor Greene question Trump's economic policies.
Trump Threatens New Tariffs on Indian Rice and Canadian Fertilizer Amid Stalled Trade Negotiations
Dec 09, 2025 11:24 am CST
US President Donald Trump has announced potential new tariffs targeting rice imports from India and fertilizer from Canada while unveiling a $12 billion farm relief package. The president framed these measures as necessary protection for American farmers, claiming foreign imports are undermining domestic production. This development comes amid ongoing trade negotiations with both countries and highlights continued tensions in agricultural trade relations, particularly regarding market access and alleged dumping practices.
Putin Pledges Uninterrupted Fuel Supply to India Amid US Tariff Pressures and Growing Bilateral Relations
Dec 06, 2025 02:30 am CST
Russian President Vladimir Putin has promised continued uninterrupted fuel shipments to India during his first visit since the Ukraine conflict began, as New Delhi navigates complex diplomatic pressures from US tariffs. The Modi-Putin summit focused on enhancing energy security, defense cooperation, and bilateral trade, resulting in an economic cooperation program through 2030 despite India's recent reduction in Russian oil imports under international pressure.
US Seeks Stronger Alliance with India to Counter Indo-Pacific Security Challenges as Putin Visits Delhi
Dec 05, 2025 03:08 pm CST
The United States is prioritizing improved relations with India despite recent trade tensions, as highlighted in a new National Security Strategy Report that emphasizes India's vital role in the Quad alliance and Indo-Pacific security. This strategic push comes as Russian President Putin visits Delhi, underscoring the complexities of India's international relationships and the importance of maritime security cooperation to prevent any single nation from controlling critical sea lanes in the region.
Costco Joins Growing Legal Challenge to Trump Tariffs as Companies Seek Billions in Potential Refunds
Dec 03, 2025 02:29 pm CST
Costco has filed legal action to secure refunds on Trump's import tariffs, joining other major corporations challenging their legality. With approximately $90 billion collected through these contested tariffs and the Supreme Court currently reviewing the case, companies are racing against customs liquidation deadlines to preserve their refund rights should the tariffs be struck down.
