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India Tariff News and Tracker

India Tariff News and Tracker

By: Quiet. Please
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 This is your India Tariff Tracker podcast.

India Tariff Tracker is your go-to daily podcast for the latest news and updates on tariffs affecting India, particularly those imposed by the United States. Dive deep into insightful analyses, expert opinions, and comprehensive reports that unravel the complexities of international trade and its impact on India. Stay informed with real-time information and understand how tariff changes shape India's economy and global relations. Perfect for business leaders, policymakers, and anyone keen to understand the dynamic trade landscape, India Tariff Tracker is your essential guide to navigating tariff developments.

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Episodes
  • US India Trade Tensions Escalate: Trump Sets August 1 Deadline for Tariff Deal Modeled on Indonesia Agreement

    US India Trade Tensions Escalate: Trump Sets August 1 Deadline for Tariff Deal Modeled on Indonesia Agreement
    Jul 16 2025
    Today on India Tariff News and Tracker, the world is watching closely as the United States and India navigate turbulent trade waters ahead of the August 1 deadline set by President Donald Trump. Negotiations between the two nations have intensified, with Trump publicly stating that a trade pact with India is being modeled on the deal the US just finalized with Indonesia. That agreement saw Indonesia facing a 19 percent US tariff rate on exports while opening its own market fully to American goods, with the US paying no tariffs on its exports into Indonesia, and additional commitments from Indonesia for significant US goods purchases, according to coverage from Business Standard and NDTV.

    Trump has made clear this Indonesia template could be replicated with India. He said, “We're going to have access into India. You have to understand, we had no access to any of these countries. Our people couldn't go in, and now we're getting access because of what we're doing with the tariffs.” The president emphasized that if a deal isn’t hammered out by August 1, unspecified "arbitrary tariffs" would be imposed, as reported by NDTV and Times of India.

    India has yet to receive a formal tariff ultimatum letter, a move many interpret as a sign that negotiations are ongoing and perhaps nearing agreement. While Trump has threatened hefty tariffs—ranging from 10 percent on all BRICS countries, including India, to 50 percent on Brazilian goods, and even a punitive 100 percent tariff for nations still buying Russian oil (India being a leading purchaser)—the focus for India right now remains on averting high, one-sided tariffs and maintaining access to its largest export market. Politico notes that whatever deal is announced before the deadline is expected to be just the first phase, with a broader and more robust pact set for later in the year.

    It’s important to note that earlier this year the US imposed a 27 percent reciprocal tariff on India, prompting India to offer tariff reductions on motorcycles and whiskey and to open segments of its market to US goods, as detailed in Wikipedia’s summary of 2025 tariff events. Indian negotiators are pushing for a more balanced arrangement, wary of exposing sensitive agricultural and dairy sectors to duty-free competition from the US.

    According to analysis from Times of India and SBI Research, India is better positioned today to weather unfavorable deals by diversifying its export markets. However, Indian officials remain focused on sealing a deal that preserves access for its high-value exports and averts escalation in this rapidly shifting tariff climate.

    Thank you for tuning in. Don’t forget to subscribe for the latest updates. This has been a quiet please production, for more check out quiet please dot ai.

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    3 mins
  • India and US Edge Closer to Interim Trade Deal with Potential Tariff Reductions Below 20 Percent by August Deadline

    India and US Edge Closer to Interim Trade Deal with Potential Tariff Reductions Below 20 Percent by August Deadline
    Jul 14 2025
    Welcome to India Tariff News and Tracker.

    Listeners, the big story today is the ongoing negotiation between India and the United States over a crucial interim trade deal. According to The Bridge Chronicle and Financial Express, the US is expected to cap tariffs on Indian goods below 20 percent, a reduction from the earlier proposal of 26 percent. This puts India among a select group of countries with more favorable trade terms as President Donald Trump’s administration implements sweeping tariff hikes on many key partners, with some rates reaching as high as 50 percent. India, notably, has not received a formal tariff demand letter, underscoring the continued diplomatic engagement between the two sides.

    A high-level delegation from India’s Commerce and Industry Ministry has landed in Washington, D.C. for a fresh round of talks that could finalize this interim agreement. Both sides are racing against an August 1 deadline set by President Trump, after which reciprocal tariffs could be triggered if a deal isn’t reached. Washington’s recent tariff notifications have hit over 20 countries, but as of now, India remains in active negotiation rather than conflict. The target for both India and the US is to raise bilateral trade volume to 500 billion dollars by 2030.

    The big sticking points in these talks are agriculture and automobile sectors, with Indian negotiators having already outlined clear red lines on sensitive areas. The Economic Times and Global Trade Research Initiative caution that India should avoid rushing into an agreement that risks its core sectors, especially as other countries like the EU and Mexico face steep new duties.

    In the background, President Trump has recently doubled tariffs on steel and aluminum imports, now at 50 percent, prompting speculation that India could retaliate in kind if negotiations fail to yield a fair deal.

    Despite the uncertainty, analysts see opportunity for India. SBI Research and Economic Times report that India can benefit from the shifting tariff landscape, especially in chemicals, pharmaceuticals, and apparel, where higher tariffs on Chinese and Southeast Asian exports may allow India to gain valuable market share. If India secures a tariff rate lower than Singapore’s 25 percent, it could carve out a greater share of the US chemicals market adding as much as point two percent to India’s GDP, and apparel exports could see similar gains.

    Listeners, these are pivotal days for India-US trade relations, with high stakes for businesses and consumers on both sides. As always, we’ll keep you updated on new developments as they break.

    Thank you for tuning in to India Tariff News and Tracker. Don’t forget to subscribe. This has been a Quiet Please production, for more check out quietplease dot ai.

    For more check out https://www.quietperiodplease.com/

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    3 mins
  • US-India Trade Talks Reveal Potential Tariff Breakthrough as Trump Administration Considers Reduced Rates for Indian Goods

    US-India Trade Talks Reveal Potential Tariff Breakthrough as Trump Administration Considers Reduced Rates for Indian Goods
    Jul 13 2025
    Listeners, welcome to India Tariff News and Tracker. Today is July 13th, 2025, and we’re here with the latest headlines and insights on tariffs and trade between the US and India, with a sharp focus on the Trump administration’s latest moves and what it all means for India’s economy and global trade.

    The big story right now is the ongoing negotiations between India and the US over a potential interim trade deal that could see the US reduce proposed tariffs on Indian goods to below 20 percent. According to Bloomberg and reports echoed by The Star, this is a major shift from the initially floated 26 percent rate and comes at a time when the Trump administration is rolling out far steeper tariffs for many other countries. These discussions position India as one of the few nations in favorable talks with Washington while the White House surprised dozens of trading partners this week by announcing tariffs as high as 50 percent on certain goods ahead of an August 1 deadline.

    India has acted swiftly to secure the best possible terms. Officials in New Delhi do not expect to receive a formal tariff demand letter like many other nations, which indicates a behind-the-scenes understanding may be close. Negotiators from India are set to visit Washington soon, with both sides still working out key sticking points, such as the US push for India to open its market to genetically modified crops—a proposal New Delhi has so far firmly rejected, citing risks to its farmers. Regulatory standards for agriculture and pharmaceuticals also remain unresolved, especially as the US recently announced a 50 percent tariff on copper and sectoral tariffs on pharmaceuticals, although the pharma tariffs have been deferred for at least a year.

    Meanwhile, India’s trade talks are happening against a backdrop of heightened global protectionism. President Trump has described BRICS—a group that includes India—as “anti-American” and threatened additional tariffs on its members. He has openly warned of blanket tariffs in the 15 to 20 percent range for partners who haven’t received their rates yet, with the current global minimum levy at 10 percent. For Asian countries, recent tariffs range from 20 percent for Vietnam and the Philippines to a staggering 40 percent for Laos and Myanmar. On top of all this, Trump has signaled he could support a 500 percent tariff on nations importing Russian energy, a move that would force India to balance its strategic partnerships.

    For Indian exporters, especially in metals and generics, the markets are watching closely. The US is India’s third-largest copper export market, and the pharmaceutical sector could face serious challenges if steep tariffs are implemented. Any decline in US demand for Indian copper might be absorbed domestically, but the pharma sector is more exposed, with the US accounting for 40 percent of India’s generic drug exports.

    As these negotiations continue, Indian officials have made clear they will only sign a deal that is fully finalized and serves the national interest. The world is watching how this high-stakes chess game between Trump’s White House and New Delhi unfolds in the coming weeks.

    Thanks for tuning in to India Tariff News and Tracker. Don’t forget to subscribe for the latest updates. This has been a Quiet Please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
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    3 mins

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