The US has officially started imposing tariffs on dozens of countries, including India. At the same time, Prime Minister Narendra Modi will chair an important high-level cabinet meeting at 1 pm today, in which the impact of the recent heavy tariff hike imposed by the US on Indian exports will be assessed. At the same time, some important decisions can also be made in this meeting.
The US decided to increase tariffs on India by 50 percent
This step has been taken amid growing trade tensions between the two countries after the US decided to increase tariffs on Indian goods by 50 percent. India's strategic response to the US action is expected to be discussed in this meeting.
The White House said that from midnight on Thursday, products coming from more than 60 countries and the European Union will be subject to a tariff of 10 percent or more.
Tariffs will also be imposed on these countries.
Products coming from the European Union, Japan, and South Korea will be taxed at 15 percent, while imports from Taiwan, Vietnam, and Bangladesh will be taxed at 20 percent. Trump also hopes that countries like the European Union, Japan, and South Korea will invest billions of dollars in the US.
An American trade association warned Trump.
The new tariff on Indian goods will also affect the kitchens of Americans. The reason is that the new tariff will make the spices imported from India expensive, which will increase the cost of food.
A trade association warned on Wednesday that many spices used by home kitchens, restaurants, and big manufacturers are imported from India, and the 50 percent tariff imposed on India by President Donald Trump may increase the cost. According to the US Department of Agriculture, last year the US imported spices worth more than 410 million dollars from India.
America is adamant about agriculture and dairy products.
After the ongoing talks between India and the US on the bilateral trade agreement and the announcement of tariffs by the Trump administration, this statement by Prime Minister Modi is being considered very important. Agriculture and dairy products are proving to be a big hurdle in the bilateral talks between India and the US. America is adamant about opening the Indian market for its agricultural and dairy products.
When will volcanic ash clouds dissipate over India, and which cities will be affected? IMD has revealed.
Following a volcanic eruption in Ethiopia that had been dormant for nearly 10,000 years, a plume of ash and smoke rose 14 kilometers into the sky. It crossed the Red Sea, first reaching Yemen and
The death toll in the Vaishno Devi Ardhkunwari landslide has reached 33. PM Modi expressed grief, announced all possible help
The death toll due to the landslide on the Shri Mata Vaishno Devi Yatra route has risen to 33. Prime Minister Narendra Modi has expressed grief over this incident and has announced all possible help.
Virat Kohli: Is Virat Kohli's biopic coming? Actor Gurmeet replied, said- the opening will be 200-300 crores
Former captain Virat Kohli is considered one of the greatest batsmen in Indian cricket history. Known for his aggressive batting, fitness, and passion, Kohli made his mark in international cricket at
IndiGo cancels 300 flights across the country today, passengers queue up at airports from Delhi-Mumbai to Hyderabad; read the reason
Air travellers faced significant difficulties on Thursday. More than 300 IndiGo flights were cancelled, causing inconvenience to thousands of passengers. Chaos was witnessed among passengers at many
Jaswinder Bhalla: Gippy Grewal is shocked by the death of Jaswinder Bhalla, saying- 'He was like a father to me'
Jaswinder Bhalla, a well-known actor and comedian of the Punjabi industry, passed away today on 22 August. The actor said goodbye to this world at the age of 65. This incident has caused a wave of
'If he recites a Sanskrit shloka, I will consider it a miracle...', Rambhadracharya challenges Saint Premananda
Padma Vibhushan Jagadguru Ramanandacharya Swami Rambhadracharya has directly challenged Saint Premanand, who became famous in the country and the world by propagating Radhanaam. He said that if Saint
Thalapathy Vijay: Thalapathy Vijay surrounded by controversies before elections; FIR filed for assault at TVK rally
Ahead of the assembly elections in Tamil Nadu next year, actor-turned-politician Vijay Thalapathy has been embroiled in controversies. Recently, an FIR has been registered against Vijay and his
The toxic air pollution in Delhi-NCR will be discussed in the Lok Sabha today, and the Environment Minister will give a response.
Delhi-NCR is reeling from pollution. The opposition in Parliament was continuously demanding a discussion on pollution. Following persistent demands from the opposition regarding the worsening air
Firing at Disha Patni's house: Police scanned 2500 footages, no clue of shooters found, STF is also searching
In the case of firing at actress Disha Patani's house in Bareilly, the police have so far checked the footage of 2500 CCTV cameras, but the face of the accused is not clearly visible. At the same
Unity Day: Grand parade on Sardar Patel's 150th birth anniversary, PM Modi pays tribute at the Statue of Unity
On the occasion of the 150th birth anniversary of Sardar Vallabhbhai Patel, the Iron Man of India, Prime Minister Narendra Modi paid tribute to him by offering flowers at the Statue of Unity in
