• Power Corridors Magazines
  • Advertise with us
Monday, August 4, 2025
  • Login
Power Corridors
  • News
  • Politics
  • Business
    • Technology
  • Appointments/Transfers
  • Automobile
  • Entertainment
  • Sports
    • IPL 2024
  • Event
  • World
No Result
View All Result
  • News
  • Politics
  • Business
    • Technology
  • Appointments/Transfers
  • Automobile
  • Entertainment
  • Sports
    • IPL 2024
  • Event
  • World
No Result
View All Result
Power Corridors
  • News
  • Politics
  • Business
  • Appointments/Transfers
  • Automobile
  • Entertainment
  • Sports
  • Event
  • World
Home World

India Eyes Duty Cuts on US Goods After Trump Tariff Tensions

India may cut tariffs on a few high-end goods-such as a special kind of steel, expensive motorcycles, imported from the US, sources told the media on Wednesday.

PC Bureau by PC Bureau
29 January 2025
in World
4
India Eyes Duty Cuts on US Goods After Trump Tariff Tensions

India Eyes Duty Cuts on US Goods After Trump Tariff Tensions

4
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

New Delhi: 

India may cut tariffs on a few high-end goods-such as a special kind of steel, expensive motorcycles, and electronic items- imported from the United States, sources told the media on Wednesday. Such a move is not likely to have a major impact on the respective domestic industries and this could be confirmed Saturday, when Union Finance Minister Nirmala Sitharaman presents the budget. India imports 20 items from the US on which there are duties in excess of 100 per cent.

🚨 🌎 📰 🇺🇸 🇮🇳 India Explores Tariff Cuts and Increased U.S. Imports to Prevent Trade Clash. pic.twitter.com/2shpa8msNB

— PitunisWorld 🌎 (@ScMesab) January 24, 2025


All of this comes a day after US President Donald Trump referred to India, China, Brazil-founding members of the increasingly influential BRICS bloc-as “tremendous tariff makers”. Speaking to house Republicans, he said he would not allow this to continue, declaring,” … we’re not going to let that happen any longer …. we’re going to put America first.”

Trump on ‘tremendous tariff makers’:

“We’re going to put tariffs on outside countries and people that really mean harm to us. China is a tremendous tariff-maker, and India, Brazil, and so many other countries. (But) we’re not going to let that happen any longer… because we’re going to put America first,” Trump declared to cheers.

Trump’s Tuesday broadside on India (and China and Brazil) and ‘high tariffs’ echoed comments made in September, in the build-up to the November 20 election. “We’re going to do reciprocal trade. If anybody charges us 10 cents (in duties)… if they charge us $2… if they charge us a 100 per cent or 250 per cent… we charge them the same thing,” he told his supporters.

“These people (referring to Indians, Chinese, and Brazilians) are the sharpest… they use it against us. But India is very tough. Brazil is very tough… China is the toughest of all… but we’re taking care of China with the tariffs,” he said.

PM Modi to visit United States again:

The remarks then were made days before Prime Minister Narendra Modi’s visit, although that was when Joe Biden was still President. And now, days after his “tremendous tariff-makers” swipe, Mr Modi is scheduled to visit the US again.

Trump’s tariffs tirade has been seen by many as a clear economic agenda, questionable though the means may be, and that is to jumpstart manufacturing in the US. By marking up the prices of key commodities like steel, semi-conductors, medicines, etc., he is hoping to do just that. “Under the ‘America First’ economic model, as tariffs on other countries go up, taxes on American workers and businesses will come down and massive numbers of jobs and factories will come home.”

The Trump administration responded by slapping a massive 25 per cent tariff on goods from there, leaving Colombian President Gustavo Petro with no option but to relent. Trump later declared the world would do well to look at this exchange.

Also Read: Nothing Phone 3a Launch on March 4: 5 Key Features You Need to Know!

 

 

 

 

 

Tags: BRICSJoe BidenPM ModiUnion Finance Minister Nirmala SitharamanUS President Donald Trump
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Previous Post

Truth Labs Report Poised to Shake Manipur’s Politics, Decide Biren Singh Fate

Next Post

Centre approves Rs 1.69 hike in ethanol price; sugar stocks rally

Related Posts

Myanmar Junta Airstrike on Rebel-Held Mogok Kills 13 Civilians
Crime

Myanmar Junta Airstrike on Rebel-Held Mogok Kills 13 Civilians

3 August 2025
Analysis: Can a Military-Led Myanmar Hold a Free and Fair Election?
News

Analysis: Can a Military-Led Myanmar Hold a Free and Fair Election?

1 August 2025
In The Spotlight: Trump and Dmitry Medvedev's Tense Exchange Explored
World

In The Spotlight: Trump and Dmitry Medvedev’s Tense Exchange Explored

31 July 2025
Modi Sidesteps Rahul’s Challenge to Call Trump a Liar
Blog

Opinion | Did Modi’s LS Speech Invite the U.S. Tariff Bomb?

30 July 2025
Trump’s Tariff Bomb on Indian Imports Sparks Economic Alarm
Business

Trump’s Tariff Bomb on Indian Imports Sparks Economic Alarm

30 July 2025
Ten Indian nationals were denied entry into Malaysia despite the visa-free provision
World

How Can Visa-Free Provisions Fail You? Insights into the Malaysian Case

29 July 2025
Next Post
Centre approves Rs 1.69 hike in ethanol price; sugar stocks rally

Centre approves Rs 1.69 hike in ethanol price; sugar stocks rally

Zoro protest

In Solidarity with Kuki-Zos and Nagas, ZORO Stages Massive Protest on Border Fencing and FMR

A look at tragic stampedes occurred at Kumbh Mela in the past

A look at tragic stampedes occurred at Kumbh Mela in the past

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POWER CORRIDORS

Former Vice President Venkaiah Naidu commended Power Corridors as a commendable news magazine, affirming that it not only upholds Media Dharma but also fulfills its societal obligations. Power Corridors, as its name implies, delves into realpolitik—examining the essence of influential circles, unraveling the intricacies of political maneuvers, and exploring the pulse of the state’s affairs. However, it transcends mere power dynamics, encompassing a broader spectrum of issues beyond the confines of Delhi’s elite circles.

For PC, which is published by the Interactive Forum on Indian Economy, not only highlights the issues of the day but also throws up what ought to be the subjects that the country should be debating about. It reports about the plans, strategies, and agendas of politicians and others; it also sets the agenda for the nation.

Browse by Category

  • Appointments/Transfers
  • Automobile
  • Aviation
  • Blog
  • Business
  • Crime
  • Education
  • Entertainment
  • Event
  • GMF
  • HEALTH
  • IFIE
  • IPL 2024
  • Law
  • Motorsports
  • National
  • News
  • Politics
  • Science
  • Space
  • Sports
  • Technology
  • Weather
  • WEIGHT LOSS
  • World

Recent News

iPhone 17 To Launch Next Month: Check Price, Specs And More!

iPhone 17 To Launch Next Month: Check Price, Specs And More!

4 August 2025
Oval Test: Chris Woakes’ Heroic ‘One-Handed’ Batting Moment Wins Hearts

Oval Test: Chris Woakes’ Heroic ‘One-Handed’ Batting Moment Wins Hearts

4 August 2025
  • About
  • Advertise With Us
  • Privacy & Policy
  • Contact Us

© 2023 Power Corridors

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • News
  • National
  • Politics
  • Business
  • World
  • Entertainment
  • Crime
  • Law
  • Sports
  • Contact Us

© 2023 Power Corridors