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Wednesday, April 8, 2026
TopicUS tariffs

Topic: US tariffs

House panel says Trump tariff likely to have ‘significant impact’, calls for India-US trade ties review

The Standing Committee on Commerce said the current exchange rate was also adding pressure on trade at both national & international levels.

US, China stake out trade positions ahead of Trump’s Beijing visit

Trump will land in Beijing on 31 March to discuss extending the tariff truce with Xi. US Trade Representative Jamieson Greer said tariffs on China will remain at current levels, ‘with no plans to escalate’.

China’s $112 billion cargo gap shows record suspected US tariff evasion

Fueled by aggressive Chinese logistics tactics & the highest duties in a century, the suspected evasion is blunting Trump’s trade agenda while penalizing compliant companies.

Trump eyes new trade probes to revive tariffs after defeat in US court

Provisions under Section 232 of the Trade Expansion Act of 1962 allow the American president to impose levies based on national security concerns.

Tariff refund rigmarole & the award goes to…

The best cartoons of the day, chosen by the editors at ThePrint.

US Supreme Court strikes down Trump’s tariffs, calls it beyond his ‘legitimate reach’

US President Donald Trump imposed a number of tariffs under the International Emergency Economic Powers Act of 1977, a law that had never been used for such action previously.

Bangladesh strikes trade deal with US, gets exemption on textile exports made with American cotton

Deal once notified will also see Dhaka commit to purchasing 25 Boeing aircraft, as well as increase its energy imports to roughly $1 billion annually for the next 15 years.

India to eliminate or reduce tariffs on American industrial goods, and some agricultural products

Joint statement issued by India and the US Friday highlights broad contours of the interim agreement to the trade deal. US to eliminate tariffs to zero in pharmaceuticals and gems and diamonds.

India says US to remove 25% penalty for Russia oil purchases: Bloomberg report

President Donald Trump announced on Monday that the US and India reached a trade deal to cut the reciprocal tariff from 25% to 18%.

Sitharaman announces integrated textile programme. What it means for businesses, artisans

The programme has five sub-parts, including the National Fibre Scheme for self-reliance in natural fibres, man-made fibres, and new-age fibres.

On Camera

Rahul Gandhi wants to jail Himanta Sarma but Congress has a Bihar-sized problem in Assam

The Congress has promised Rs 50,000 assistance to each woman but as we've seen in many recent elections, voters seem to be conscious of the proverb: 'A bird in hand is worth two in the bush.'

Stocks fall, oil prices climb as Trump issues fresh threat to Iran ahead of his deadline

Fears that an escalation of the conflict could heighten a fuel squeeze & endanger the economy unnerved traders, with NYT reporting Iran stopped negotiating a truce with the US.

UAE walks away from financing Rafale F5 due to restricted access to technology, reports French media

French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.