Trump tariffs ‘shocking’, India’s growing economy its major strength: Lisa Curtis (IANS Interview)

IANS | August 7, 2025 2:45 PM

New Delhi, Aug 7 (IANS) Leading foreign policy and national security expert Lisa Curtis, who served as former Deputy Assistant during US President Donald Trump’s first term, on Thursday called the decision by Trump to impose additional tariffs on India “shocking,” while highlighting India’s rapidly growing economy as a major strength in the strategic partnership between the two nations.

Confusion clouds US-Japan tariff deal as 15 per cent duty comes into effect

IANS | August 7, 2025 2:41 PM

Tokyo, Aug 7 (IANS) A fresh round of US tariffs under President Donald Trump’s administration took effect on Thursday, but differences have emerged between Washington and Tokyo over the interpretation of their bilateral trade agreement, particularly regarding the treatment of Japanese imports, the Japanese media reported.

6th round of India-US negotiations on Aug 25 important: Morgan Stanley

IANS | August 7, 2025 11:39 AM

New Delhi, Aug 7 (IANS) The sixth round of India-US negotiations to reach an interim trade deal, currently slated for August 25, will be important as US President Donald Trump announced an additional 25 per cent tariffs on India, raising the total tariffs to 50 per cent effective from August 27, a Morgan Stanley report said on Thursday.

Ready to pay 'heavy price' for welfare of farmers, fishermen: PM Modi

IANS | August 7, 2025 10:40 AM

New Delhi, Aug 7 (IANS) Prime Minister Narendra Modi on Thursday said that he is ready to bear the cost of protecting India’s agricultural trade and the country would never compromise on farmers and fishermen interests, as US President Donald Trump announced to impose 50 per cent tariffs on India.

Nifty, Sensex slip marginally amid fresh US tariff concerns

IANS | August 7, 2025 9:46 AM

Mumbai, Aug 7 (IANS) Domestic benchmark indices fell marginally on Thursday, weighed down by weakness in automobile, metal, and oil stocks. The latest threat of 50 per cent US tariffs on select Indian goods impacted the market amid mixed global cues.