April 21, 2026

India trade surplus

US launches trade inquiries on India, 14 other countries – The Times of India

US launches trade inquiries on India, 14 other countries – The Times of India

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NEW DELHI: As part of its tariff pressure, the US Trade Representative has launched a section 301 investigation against 15 countries, including India, to ascertain if there is structural excess capacity and production in manufacturing sectors.Based on the outcome of the probe – which follows US Supreme Court’s rejection of Donald Trump’s reciprocal tariff using…

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50% tariffs on India to blowback on Trump? US GDP growth could shrink 40–50 bps, inflation to flare: SBI report – Times of India

50% tariffs on India to blowback on Trump? US GDP growth could shrink 40–50 bps, inflation to flare: SBI report – Times of India

admin04 mins

Trump imposed 50% tariffs on India (AI image) NEW DELHI: The recent US decision to impose steep tariffs on Indian goods could boomerang on the American economy by pushing up inflation and shaving growth, according to an analysis by the State Bank of India (SBI). The report, quoted by ANI, estimates that US GDP growth…

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