trade surplus
India-US Bilateral Trade Agreement Nears Completion: Set to Address 50% Tariffs and Boost Trade Relations
Nov 18, 2025 02:19 am CST
The first phase of the India-US bilateral trade agreement is nearing completion, designed to address the 50% tariffs imposed by the Trump administration while resolving market access issues. The deal aims to more than double bilateral trade to $500 billion by 2030 from the current $191 billion, with both countries working to balance their trade relationship despite current tensions over India's Russian oil purchases.
US Senate Votes to Overturn Trump's Brazil Tariffs Amid International Trade Tensions
Oct 29, 2025 10:15 am CST
The Republican-led US Senate has passed legislation to terminate President Trump's tariffs against Brazil by ending his July national emergency declaration. The measure passed 52-48 with bipartisan support but faces unlikely prospects in the Republican-controlled House. This action comes as part of broader Democratic efforts to challenge Trump's tariff policies, which they claim increase costs for American consumers based on questionable emergency declarations.
Why Trump's 50% Tariffs May Not Hurt India's Growth, S&P Rating Explains
Aug 14, 2025 10:00 am CST
US President Donald Trump's punitive tariffs on Indian imports will not impact India's economic growth, and its sovereign ratings outlook will remain positive, according to S&P Global Ratings Director YeeFarn Phua.
Crunching Numbers: How Trump's 25% Tariff Will Impact Indian Markets
Aug 01, 2025 10:48 pm CST
US President Donald Trump has announced the latest reciprocal tariff rates for trading partners as the August 1 deadline came to an end on Friday.