by Amit Chopra In a major policy announcement US President Donald Trump declared that starting August 1, Indian goods entering the US will face a steep 25% import duty. In addition to this tariff, India will also be penalized for continuing to purchase arms and energy supplies from Russia, a move Trump criticised sharply given […]
The United States and the European Union reached a last-minute trade framework deal just before the August 1st deadline. Under the agreement, the US will impose a 15% tariff on most EU imports, half of the originally threatened 30%. In return, the EU has committed to invest $600 billion in the US economy and spend […]
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