Tariffs

Trump said that the US is more respected than ever before because of the tariffs imposed

Year Ahead: Worst may be over for rupee, yet US trade deal key for stability in 2026

Major research and brokerage houses expect the rupee to exit its current depreciating phase in 2026, but much will depend on the progress of the trade deal between India and its largest trading partner, the US.

India can leverage Oman trade deal to boost fuel exports to Sudan, Turkey amid tightening sanctions

Experts say the free trade agreement also allows Indian exporters to diversify goods at a time when many face steeper US tariffs, positioning Oman as a strategic link to the Gulf and African markets.

India sees $2 billion export boost to Oman within 2 years of trade deal

This would raise India’s exports to Oman to over $6 billion, up from $4.1 billion in 2024–25, once the tariff concessions under the trade agreement take effect.

CEPA to boost Indian meat, dairy exports with greater access to Oman's $6 billion agri market

On the other hand, India has granted phased tariff concessions for products such as sweet biscuits, rusks, toasted bread, pastries and cakes, papad, and dog and cat food, with duties to be eliminated over a period of five to ten years.

India-Oman trade pact allows longer stays, higher transfer quotas for Indian professionals

The India-Oman CEPA raises intra-company transferee quota from 20% to 50%, allows contractual service suppliers to stay up to two years with a possible two-year extension in Oman, and liberalises visas for business visitors and professionals across services sectors.

India, Oman sign trade pact, to allow duty-free access for over 99% of Indian exports

India and Oman began trade talks in November 2023 and concluded them in August 2025 after five rounds of negotiations

FY26 CAD could fall as low as 0.9% as trade deficit narrows to 5-month low in Nov

Economists say that the outcome of the negotiations for a trade deal between India and the US continues to be crucial, as the absence of an agreement could have negative implications for India’s current account deficit in the next fiscal year

India adds a billion dollars to China exports, US shipments up 22% despite tariffs

Merchandise exports to China from India increased by a whopping $1.05 billion in November 2025, growing over 90 percent year-on-year, while outbound shipments to the US rose more than 22 percent to $6.98 billion during the same period.

Why Mexico’s 50% tariffs on Indian goods matter: Is India considering ‘appropriate measures’?

India is engaging with Mexico after the latter imposed a 50% tariff on Indian goods, warning it may take “appropriate measures” to protect exporters while exploring a potential free trade agreement.

10 and counting: India's 2026 FTA playbook to tackle tariffs, secure minerals

India is ramping up its trade efforts heading into 2026, with a free trade deal with the EU on the horizon and negotiations advancing with the US, Oman, Peru, Chile, New Zealand, Israel and more. These moves aim to diversify export markets, reduce reliance on any single economy, and secure critical minerals amid global supply constraints.

Mexico’s 50% tariff hike spurs Indian exporters to seek FTA amid rising pressure on steel, auto sectors

Certain exporters have formally urged the Commerce Ministry to pursue a Free Trade Agreement (FTA) with Mexico to cushion the blow, with a source adding that industry leaders have even flagged the issue directly to Minister Piyush Goyal.

Mexico's Congress approves tariff hikes on imports from China, others

The Senate passed the measure Wednesday evening, following the lower chamber, which had approved the increases before dawn.

If the US is happy, they should sign on the dotted line: Goyal on India–US trade talks

Commerce minister Piyush Goyal said the current visit by the Deputy USTR, who joined recently, is not a formal negotiating round. “Negotiations are progressing well," he said on the India-US trade talks.

Credit guarantee scheme for exporters in last leg of consultations, rollout likely by December-end

Meeting with key export promotion councils scheduled for December 10; interest rates, moratorium, eligibility, and processing mechanism under discussion.

Trump, seeking economic reset, insists smart people back tariffs

The president and his aides have acknowledged the need to sharpen their economic messaging, a tacit acknowledgment of how voter sentiment on the economy has become a challenge for the president

India-EU kick off fresh round of FTA talks as clock tick on year-end deadline

Carbon tax and market access for automobiles and steel, rules of origin, and barriers in services are the remaining sticking points, officials have said

China’s trade surplus tops $1 trillion after exports rebound

Exports rose 5.9% from a year earlier, higher than the median forecast in a Bloomberg survey of economists for 4%.

Trump set to unveil $12 billion aid for farmers hit by trade war

The Trump administration plans a $12 billion farm aid package, including $11 billion in direct payments, to offset tariff-driven losses as crop prices slump and political pressure mounts from farmers.

US state department official visits India as trade talks pick up

US Under Secretary of State for Political Affairs Allison Hooker will visit from Sunday till Thursday to advance the 'strategic partnership' between the two nations

Piyush Goyal urges Indian industry to urgently reassess supply chains, boost manufacturing amid trade curbs

Goyal said he agrees on the need to accelerate manufacturing growth, aiming to raise it from the current 9 percent to around 12.5 percent, terming it as an achievable target.

India in active FTA discussions with US, talks with Canada kick off next week, says Piyush Goyal

India is in talks with 14 countries or blocs on free trade agreements, the commerce minister has said

How tariffs are eating into export gains from a weak rupee

This year, steep US tariffs are offsetting the benefit of an undervalued rupee

Canada to add new tariffs to US steel, curb foreign imports

Carney announced the new 25% levy on steel derivative products Wednesday as part of a suite of measures to help producers

India’s exports bounce back in November after October slump

On special economic zones (SEZs), Union commerce and industry minister Piyush Goyal said inter-ministerial discussions are "going on very actively" to make the units in these zones competitive. Surplus capacity in SEZs can be used to reduce imports from countries such as China and ASEAN, he said.