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India Tariff News and Tracker

India Tariff News and Tracker

Auteur(s): Quiet. Please
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 This is your India Tariff Tracker podcast.

India Tariff Tracker is your go-to daily podcast for the latest news and updates on tariffs affecting India, particularly those imposed by the United States. Dive deep into insightful analyses, expert opinions, and comprehensive reports that unravel the complexities of international trade and its impact on India. Stay informed with real-time information and understand how tariff changes shape India's economy and global relations. Perfect for business leaders, policymakers, and anyone keen to understand the dynamic trade landscape, India Tariff Tracker is your essential guide to navigating tariff developments.

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  • Trump Targets India with Massive Tariffs on Copper, Pharma, and BRICS Amid Complex Trade Negotiations

    Trump Targets India with Massive Tariffs on Copper, Pharma, and BRICS Amid Complex Trade Negotiations
    Jul 9 2025
    Listeners, welcome to India Tariff News and Tracker. There is major movement in US-India trade relations as of July 9, 2025. President Donald Trump has ramped up his global tariff push, with the most headline-grabbing changes affecting copper, pharmaceuticals, and countries linked to BRICS—including India.

    Trump has announced a new 50% tariff on copper imports, to take effect at the end of July or August 1. India, as the US’s third-largest copper supplier, exported $360 million in copper to the US last year. Indian government officials are evaluating the impact, but with solid domestic demand for copper, the overall shock may be cushioned. Yet, this is a clear signal of toughening US trade policy towards India.

    The bigger jolt could come to Indian pharmaceutical exporters. Trump is warning of tariffs up to 200% on pharmaceutical imports after an 18-month transition. As the US is India’s largest pharma export destination, any implementation of these tariffs would disrupt a sector worth billions annually. Indian industry leaders are preparing for possible realignment of global supply chains if these duties are enacted, likely pushing firms to target other markets or boost competitiveness.

    BRICS membership is also putting India in the US tariff crosshairs. Trump has reiterated that all BRICS members, including India, will face an extra 10% tariff, accusing the bloc of trying to undermine the US dollar. He stated, “They will certainly have to pay 10% if they are in BRICS because BRICS was set up to hurt us, to degenerate our dollar... The Dollar is king. We are going to keep it that way.”

    Despite these threats, India and the US are in the final stages of negotiating a “mini trade deal,” with both sides aiming to double bilateral trade to $500 billion by 2030. Sensitive issues—especially agriculture and dairy—are being set aside for later phases to keep talks on track. As of now, the focus is on industrial goods, with India pushing for US tariff cuts on apparel, textiles, gems, leather, engineering goods, and more. At the same time, Washington is pressing for Indian concessions on automobiles, petrochemicals, and easing restrictions on genetically modified crops and cattle feed.

    President Trump’s hard August 1 deadline for new tariffs remains unchanged, and official letters have been sent to 14 countries laying out the new rates, some as high as 40%. Notably, India was excluded from this initial list—giving negotiators hope for a deal before the US “reciprocal” tariff of up to 27% on Indian exports kicks in. However, both sides remain far apart on agricultural access and data localization, and Indian officials insist deals will be made only “when the deal is good, fully matured, and in the national interest.”

    India continues to seek a win-win outcome, even as the Trump administration eyes a more aggressive trade correction. If a breakthrough comes soon, Indian exports of specific goods like motorcycles, whiskey, and textiles may see easier US access, but what India will gain in return remains under negotiation.

    Listeners, that’s all for today’s episode. Thank you for tuning in. Don’t forget to subscribe for the latest India Tariff News and Tracker updates. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

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    4 min
  • US India Trade Talks Intensify as Trump Considers Tariff Escalation Amid Complex Negotiations and Potential August Deadline

    US India Trade Talks Intensify as Trump Considers Tariff Escalation Amid Complex Negotiations and Potential August Deadline
    Jul 8 2025
    Listeners, welcome to another edition of India Tariff News and Tracker. Today is July 8th, 2025, and we’re bringing you the latest on tariffs, trade headlines, and all things US-India from Washington and New Delhi.

    The big headline this week: President Donald Trump has unveiled a new wave of tariffs aimed at 14 countries, including several key US trading partners in Asia, Africa, and Eastern Europe. Notably, India is not on the list of countries facing immediate new tariffs, but that’s because Washington and New Delhi are still locked in high-stakes trade negotiations. Trump told reporters yesterday, as covered by Economic Times and Business Standard, that the two sides are “very close” to announcing a deal, even as a new deadline looms for August 1st.

    The backdrop: In April, Trump imposed a sweeping 26% tariff on Indian goods, but that was later rolled back to a 10% basic duty with a temporary reprieve. This lower rate will hold until negotiations conclude, while the threat of an increase to a much higher reciprocal tariff—reported by the Trade Compliance Resource Hub as 27% or even potentially 25% across all products—remains if talks break down. For context, other nations such as Thailand and Cambodia now face tariffs as high as 36%, while some, like Laos and Myanmar, are staring down duties of 40%. Meanwhile, tariff uncertainty has already rattled global markets and injected more pressure into supply chains and US consumer prices, according to India Today and GTRI analysis.

    Negotiations are tense. India’s Commerce Minister Piyush Goyal has insisted there will be no agreement under external pressure or deadlines, emphasizing that any deal must be “mutually beneficial” and in India’s best interest, as reported by the Economic Times. New Delhi is seeking lower duties for its labor-intensive exports—think textiles and leather goods—while the US wants broader access for American farm products, especially genetically modified crops and cattle feed, issues that remain politically sensitive in India.

    While the UK and Vietnam have managed to secure exemptions or lower tariff rates, India’s deal is still in progress. Trump has warned that any country responding with retaliatory tariffs will see the US match those increases dollar for dollar, raising the stakes for India’s negotiators.

    Industry watchers tell listeners to expect an announcement soon, with sources citing a possible wrap-up within days. But experts warn that Trump’s hardline “Yielding to American Tariff Retaliation Agreement” model—what some call YATRA—means India must carefully weigh long-term impacts before signing.

    That’s your tariff update for today, July 8th, 2025. Thanks for tuning in, and don’t forget to subscribe to India Tariff News and Tracker for the latest updates. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

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    3 min
  • US-India Trade Tensions Escalate: Potential 26% Tariff Looms as Countries Negotiate Mini-Trade Deal

    US-India Trade Tensions Escalate: Potential 26% Tariff Looms as Countries Negotiate Mini-Trade Deal
    Jul 7 2025
    Listeners, today we're tracking the latest developments in the US-India trade relations, particularly focusing on tariffs. The Trump administration announced a comprehensive tariff plan on April 2, 2025, which included a 26% tariff on India. This move was part of a broader strategy to address what the administration perceives as unfair trade practices by other countries. The 26% tariff was later put on hold for 90 days, but a standard 10% tariff remains in place for Indian goods.

    India has been in intense negotiations with the US to avoid these tariffs. According to reports, both countries are close to finalizing a mini-trade deal, which could reduce tariffs to around 10%. This agreement is expected to pave the way for more comprehensive trade discussions later. The US has been pushing India to reduce its trade barriers, particularly in agriculture, while offering to reduce some of its tariffs in return.

    However, India has been firm on protecting its agricultural sector, resisting demands to lift restrictions on genetically modified seeds and crops. Instead, it has expressed openness to reducing tariffs in other areas, such as leather, textiles, and footwear.

    With a deadline of July 9 for new tariffs to potentially kick in, the situation remains critical. The US plans to send letters to several countries, including India, outlining the terms of trade. If no agreement is reached, tariffs could increase further. Trump has also announced that any country supporting what he calls "Anti-American policies" associated with the BRICS group could face an additional 10% tariff.

    Given these developments, it's clear that the next few days will be pivotal in determining the future of US-India trade relations. Listeners, stay tuned for more updates as this story unfolds.

    Thank you for tuning in to "India Tariff News and Tracker." Don't forget to subscribe to our podcast for the latest updates on US-India trade relations.

    This has been a Quiet Please production, for more check out quietplease.ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
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    2 min

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