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Us India Relations

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EU-India trade deal moves forward amid U.S. stance uncertainty
business1 month ago

EU-India trade deal moves forward amid U.S. stance uncertainty

India and the EU announced a landmark free-trade agreement to reduce tariffs on more than 90% of goods, with India cutting duties in agriculture and autos and the EU easing tariffs on textiles, leather, marine products and jewelry—a long-sought deal that faces uncertainty from U.S. President Trump’s stance even as markets brace for a Fed decision and broader shifts in global trade.

Trump Considers Tariff Cuts on India as Sergio Gor Officially Sworn In as U.S. Ambassador
world3 months ago

Trump Considers Tariff Cuts on India as Sergio Gor Officially Sworn In as U.S. Ambassador

U.S. President Donald Trump indicated a potential reduction in tariffs on Indian goods following Sergio Gor’s swearing-in as ambassador to India, signaling a possible move towards a trade deal amidst ongoing tensions over Russian oil imports and strategic ties. Despite Trump’s comments, data shows Russian oil imports to India remain steady, and India continues to strengthen its ties with Russia, complicating the US-India relationship. The appointment of Gor aims to expedite negotiations, but also raises concerns about diplomatic volatility.

Trump's $100K H-1B Visa Fee Sparks Industry Concerns
business5 months ago

Trump's $100K H-1B Visa Fee Sparks Industry Concerns

Donald Trump's new $100,000 fee for H-1B visas threatens to disrupt Indian IT firms' US projects, impacting their margins and straining US-India relations amid broader immigration and trade tensions. The policy increase aims to curb abuses but risks backfiring by raising costs for US companies and encouraging them to expand their offshore operations in India. Major Indian tech firms are likely to challenge the move in court, as it affects their ability to deploy engineers in the US.

US-India Trade Tensions Escalate as Tariffs Increase
world6 months ago

US-India Trade Tensions Escalate as Tariffs Increase

India is maintaining its close ties with Russia and continuing to buy Russian oil despite US threats of punitive tariffs over these purchases. The US has threatened to impose higher tariffs on Indian exports, but India remains defiant, emphasizing its strategic and economic interests, including longstanding defense relations with Russia. The situation reflects a broader geopolitical tension between the US and India, with India exploring alternative oil sources while reaffirming its sovereignty in energy decisions.