In a significant move aimed at deepening its trade engagement with North America, India’s Ministry of Commerce and Industry has begun expanding its NAFTA-focused wing. The decision comes at a time when India is actively pursuing a quick resolution to ongoing tariff disputes with the…
Tag: TradePolicy
Trump’s Reciprocal Tariff Announcement Triggers a Global Stock Market Sell-Off
Trump’s ‘Tariff Bomb’ Shakes Global Stock Markets: Impact on India Donald Trump’s Tariff Bomb Effect on Stock Markets: U.S. President Donald Trump has announced reciprocal tariffs on India and several other countries, leading to a major sell-off in Asian markets. Trump has imposed a 26%…
India to Abolish ‘Google Tax’ Amid US Pressure: A Strategic Move for Trade and Digital Growth
India has announced plans to abolish the 6% equalisation levy, commonly referred to as the ‘Google tax’, effective April 1, 2025. This tax, introduced in 2016, targeted foreign digital advertising services and predominantly impacted U.S.-based technology companies such as Google, Meta, and Amazon. Background…
Will the U.S. Exempt India from Reciprocal Tariffs? Key Trade Talks Begin in Delhi
Will the U.S. Provide India Relief on Reciprocal Tariffs? Officials Arrive in Delhi for Trade Talks Reciprocal Tariff Policy: U.S. President Donald Trump has announced the implementation of reciprocal tariffs (tit-for-tat) starting April 2. The purpose of this policy is to impose tariffs on products…