Donald Trump announced a reduction in U.S. tariffs on Indian goods from 25% to 18%, with India pledging to halt Russian oil imports and commit to over $500 billion in U.S. purchases, impacting the USD/INR exchange rate.
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Trump Lowers Tariffs on Indian Goods from 25% to 18%—'India to Halt Russian Oil Purchases'

Donald Trump announced a reduction in U.S. tariffs on Indian goods from 25% to 18%, with India pledging to halt Russian oil imports and commit to over $500 billion in U.S. purchases, impacting the USD/INR exchange rate.

Yonhap Infomax
Trump’s 25% Tariff on Indian Goods May Cut FY26 GDP by 0.4%: Economists - Lokmarg - News Views Blogs

US President Donald Trump has imposed an additional 25 per cent tariff on imports from India and economist feel the move could dent the India’s GDP growth in FY26 by 0.4 per cent. Sonal Badhan, Economics Specialist at Bank of Baroda, told ANI, “We had initially priced in approx. 0.2 per cent impact (on GDP […]

Lokmarg - News Views Blogs

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