India plans retaliatory tariffs on U.S. imports following America's hike in steel and aluminum duties, marking a significant escalation amid ongoing trade deal talks. According to a World Trade Organization notification on July 9,

By Manoj Kumar, Peter Hobson and Khushi Malhotra NEW DELHI/CANBERRA (Reuters) -India has rejected Australia's push for deeper tariff cuts on dairy and alcohol, hampering efforts to conclude the second phase of a trade pact by year-end,

India remains one of the few countries still in talks with the US at a time when the Trump administration is preparing to enforce steep new tariffs on imports from several nations starting August 1.

A proposed bipartisan US sanctions bill threatens to impose a 500 per cent tariff on countries like India that continue buying Russian oil. But President Donald Trump is pushing for complete control over its implementation — turning the legislation into a litmus test for US foreign policy,

Trump, who has called Bolsonaro a friend, had hosted him at his Mar-a-Lago resort back in 2020, when both were in office.

The Indian rupee is poised to open weaker on Wednesday, pressured by a renewed tariff barrage from U.S. President Donald Trump that widened the scope of his trade offensive.

Blunt letters dictating terms posted to social media and changes late in negotiations have left trading partners wondering what President Trump will do next.

Sumeet Jain, CLSA's senior research analyst, discusses the upcoming earnings season for Indian IT companies. He warns that TCS' earnings print was a "clear reflection" that generative AI will not bring about non-linear growth for IT service companies.