U.S. President #DonaldTrump announced a trade deal with #India on Feb. 2, cutting U.S. tariffs on #IndianGoods to 18 percent in exchange for India lowering barriers and buying U.S. oil instead of #Russia

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#BREAKING #USIndiaTies #Diplomacy #TrumpTariffs #TariffWar

Oman, India sign CEPA for duty-free access to 99% of exports The agreement instantly eliminates tariffs on major labour-intensive sectors: textiles, leather, footwear, gems and jewellery, engineering products, and pharmaceuticals.

India and Oman have signed a Comprehensive Economic Partnership Agreement (CEPA) on December 18 that grants zero-duty access to Indian goods on 98.08% of Oman's tariff lines.

#Trade #dutyfree #exports #Oman #India #CEPA #Indiangoods

Tariffs disrupt diamond markets Diamond prices fell in many categories in August as the US tariffs impacted demand for Indian goods. Prices of rounds weakened, though fancies were stable. Deep uncertainty dampened sentiment. US retail and wholesale were steady. The RapNet Diamond Index (RAPI) for 1-carat goods — reflecting round, D to H, IF to VS2 diamonds — fell 1.1% in August. The index for 0.30- and 0.50-carat stones declined 3.8% and 3.9%, respectively. Larger stones continued to outperform smaller items, with the 3-carat RAPI increasing 0.4%. US President Donald Trump implemented 25% duties on Indian goods from 1 August and 50% from 27 August. Goods already in America became more desirable than those overseas. The gap in asking prices between US- and India-located inventory on RapNet grew to around 16% in 1-carat commercial goods, from the usual 10% to 12%. The differential still does not reflect the entire tariff. The levies have shaken up supply chains that developed over many years. Companies have sought low-duty routes and loopholes and relocated inventory to the US. The uncertainty has made it hard to plan and invest in long-term solutions. On 29 August, the US Court of Appeals for the Federal Circuit declared most of the tariffs illegal. The duties remain in place until October 14. A Supreme Court battle is likely. Rough demand weakened as manufacturers reduced production. De Beers customers refused large quantities of goods at its August sight, since the miner’s prices were higher than the open market’s. Bulk sales have flooded the market with low-value rough. US retail was in decent shape ahead of the holiday season, with solid demand for 2-carat and larger rounds and elongated fancies. Independent jewellers sought merchandise on memo. Major retailers continued to shift to synthetics in fashion jewellery and took a cautious approach to holiday purchases. Indian retail gained importance in light of the US tariffs and China’s ongoing downturn. Trading was strong at Mumbai’s India International Jewellery Show (IIJS). – Rapaport

#DiamondMarket #Tariffs #DiamondPrices #USChinaTrade #IndianGoods

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US to impose additional 25% tariff on Indian goods from August 27; draft notice issued US to implement 25% tariff on Indian products from August 27, 2025, under trade measures announced by President Donald Trump.

The new tariff, on top of the 25% duty imposed in late July (effective from August 7), marks a significant escalation in U.S.-India trade tensions.
#US #AdditionalTariff #IndianGoods

Trump administration set to impose 50% tariff on Indian goods Investing.com -- The Trump administration is moving forward with plans to implement a 50% tariff on products from India, according to a draft notice published Monday by the Department of Homeland Security. The increased levies will take effect at 12:01 a.m. eastern daylight time on August 27, 2025, applying to Indian products "entered for consumption, or withdrawn from warehouse for consumption" after that time. President Donald Trump announced earlier this month his intention to double tariffs on Indian goods from 25% to 50% over India’s purchases of Russian oil. The administration hopes these measures will pressure Russian President Vladimir Putin to negotiate an end to the war against Ukraine. The Indian government has criticized these "secondary tariffs" as unfair, while expressing hope that progress in peace talks could eliminate the need for the increased duties. The notice states that the tariffs are being implemented under Executive Order 14329, which was issued on August 6, 2025, titled "Addressing Threats to the United States by the Government of the Russian Federation." According to the document, the President determined it "necessary and appropriate to impose an additional ad valorem rate of duty of 25 percent on imports of articles of India, which is directly or indirectly importing Russian Federation oil." The tariffs will apply in addition to all other applicable duties, taxes, and fees, with certain exceptions. Products in transit before the implementation date will be exempt if they enter the U.S. before September 17, 2025, and importers certify they qualify for this exception. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Items excluded from the tariffs include donations intended to relieve human suffering, such as food, clothing, and medicine, as well as informational materials like publications, films, and artworks. The notice was signed by Secretary of Homeland Security Kristi Noem. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. Successful investors know to check multiple angles before making their move. InvestingPro's three powerful features work together to give you that edge: ProPicks AI runs 80+ stock-picking strategies, including Tech Titans, which doubled the S&P 500's performance in just 18 months! Fair Value combines 17 proven valuation models to help you spot overpriced stocks and undervalued gems. And WarrenAI delivers instant insights on any stock. Ask questions, get vetted answers backed by real-time data (unlike ChatGPT). Our subscribers use all three to identify stocks before double-digit gains and avoid costly mistakes. But with 50% during our Summer Sale, even if you only use one of these features the value pays for itself. Sale ends soon—don't wait until prices go back up.

Click Subscribe. #Tariffs #TradeWar #IndianGoods #TrumpAdministration #Economy

News/Opinion: Trump Imposes 50% Tariff on India Over Russian Oil Imports Donald Trumps 50% Tariff on Indian Goods: The Trade Conflict and Economic ImplicationsThe ongoing trade tension between the U.S. and India over Russian oil imports has sparked significant global debate, particularly as Donald Trump imposed a 50% tariff on Indian imports in response to continued Russian oil purchases. This article delves into the implications of this decision, exploring how it impacts both economies and global markets.The Trade Conflict: ContextRussian oil remains a major export for India, and its reliance on Russia has strained relations with the U.S., which continues to import large quantities of this oil. The U.S. has historically maintained a competitive trade position in Russian oil imports, but the ongoing trade tensions have heightened concerns among both nations.Trumps Response:In an effort to address these issues, Trump proposed a 50% tariff on Indian imports as part of his foreign policy aimed at balancing trade relationships. This move reflects a strategic response to the economic imbalance caused by Russian oil purchases.Economic Impact AnalysisThe imposition of this high tariff is expected to have several economic consequences. It will likely increase U.S.-Indian trade deficits, affecting various industries including steel and electronics, which are significant sources of U.S. imports into India. This shift could lead to job losses in both countries affected by the trade adjustments.Moreover, such a move might destabilize global supply chains and create uncertainty in markets where Russia is a key import destination. The impact on U.S. businesses in India may also be significant, potentially influencing their export strategies and cost structures.Potential Reactions:While Trumps move is aimed at resolving the trade conflict, other countries are likely to respond with varying degrees of reaction. Some may support the tariff as part of a broader strategy for economic stability, whereas others may view it as an expansionist policy without merit.Future Outlook:The impact on India and the U.S. economies could influence future moves regarding trade balances. Potential further escalation in tariffs or trade agreements remain to be seen, with global trade dynamics likely reshaping after this eventuality.In conclusion, Trumps 50% tariff on Indian imports is a significant development in the ongoing Russian oil trade conflict. Its effects will have far-reaching implications for both economies and global markets, shaping future trade relations and economic stability.------#News

News/Opinion: Trump Imposes 50% Tariff on India Over Russian Oil Imports: Donald Trumps 50% Tariff on Indian Goods: The Trade Conflict and Economic ImplicationsThe ongoing trade tension between the U.S. and India over Russian oil imports has… #CherryAI #News #TrumpsTariff #TariffIndian #IndianGoods

Trump imposes 25% additional tariff on Indian imports over Russian oil The new tariff will come into effect 21 days from today, by August 27, 2025, unless already in transit before the deadline and cleared before September 17.

US President Donald Trump today signed an executive order imposing a 25% additional ad valorem duty on Indian goods imported into the United States.

#USPresident #DonaldTrump #Russianoil #tariff #Indianimports #Indiangoods #RussianFederation