Emphasising that such ‘coercive’ tactics will have no impact, Swadeshi Jagran Manch said India is emerging as a global power, and US must realise that ‘India is not the India of a decade ago’.
Trade minister Don Farrell added that Trump's higher import duties on other countries going up to 41% has made Australian products more competitive in the American Market.
Bangladesh Chief Advisor Muhammad Yunus congratulated the country's tariff negotiators on 'securing a landmark trade deal' with the US by bringing tariff rates down from 35% to 20%.
Trump, Wednesday, slammed India’s trade barriers, oil and arms deals with Russia, imposing 25 percent tariffs and an added 'penalty' over energy imports from Moscow.
All 16 major sectors logged losses, with the Nifty 50 falling to 24,703.1 points. After announcing the tariffs, Trump said US is still negotiating with India on trade.
India’s competitiveness cannot be defended abroad if it is eroded at home. Short-term measures can provide a cushion, but without reforms, exporters will remain perpetually vulnerable.
According to the Niti Aayog quarter trade watch report launched Monday, India’s total trade in FY 2025 was at US$1.73 trillion—exports at US$823 billion & imports US$908 billion.
Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
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