In a move termed as trade tsunami, set to upend international trade dynamics, President Donald Trump has declared an aggressive plan to impose reciprocal tariffs on India and other nations he accuses of exploiting the United States with exorbitant duties.

According to the office of the United States Trade Representative (USTR), US total goods trade with India was an estimated $129.2 billion in 2024. US goods exports to India in 2024 were $41.8 billion and US goods imports from India totaled $87.

Trade specialists have expressed that discussions with Western trade allies may gain new energy due to the instability introduced into the global trade system by the US. In addition to close trade associates like Canada and Mexico, Trump has also issued tariff threats towards the EU.

Pacific Economies Likely To Be Hit By US Trade Tariffs', S P pointed out that countries like Vietnam, Taiwan, Thailand, and South Korea have stronger trade ties with the US.

India slashed tariffs on bourbon whisky to 100 per cent from 150 per cent after Trump's criticized "unfair" levies in the South Asian market.

India and the UK relaunched their talks on a long-awaited trade deal on Monday under the shadow of tariff threats from U.S. President Donald Trump. Commerce minister Piyush Goyal and UK business secretary Jonathan Reynolds are meeting in Delhi for discussions.

President Donald Trump and Indian Prime Minister Narendra Modi held a joint news conference as the two leaders work toward a trade deal and try to reinforce a relationship. Earlie

A lawyer for Luigi Mangione, the man accused of fatally gunning down U.S. health insurance executive Brian Thompson in December, told a judge Friday that her client was illegally searched during his arrest and she would seek to exclude that evidence from his trial on state murder and terrorism charges.

He also discussed why the UK-India FTA deal remains stalled and which key sectors should be prioritised to ensure the deal delivers tangible benefits