Prime Minister Narendra Modi won a big reduction of sky-high tariffs, but critics say he undermined Indian sovereignty and undercut the nation’s farmers.
Category: Modi, Narendra
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India’s Prime Minister Faces Blowback Over Trade Deal With Trump to Lower Tariffs
The New York Times – Business: -
What IndiGo Airline’s Meltdown Reveals About India’s Economy
A tangle of problems at IndiGo, the dominant carrier, resulted in gridlocked airports across the country. Worse, it was the symptom of an even bigger problem.
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Who Will Blink First on Trade: President Trump or Xi Jinping?
Washington and Beijing both need a trade win as steep new tariffs and tough import limits on critical minerals loom.
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Trump’s Trade War With China Catches the World in Its Crossfire
Tariffs and other restrictions between the United States and China are reverberating in unpredictable ways.
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India Was the Economic Alternative to China. Trump Ended That.
A lurch in policy has shaken the India-U.S. economic alliance against China, leaving India little choice but to consider reversing its own strategy.
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India Reels at Trump’s Highest Tariffs Yet
Businesses and policymakers are casting around for help from unlikely places, as the country’s exports to the United States are crushed by 50 percent tariffs.
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Trump Raises Tariffs on India to 50% Over Russian Oil
As punishment for buying Russian oil, President Trump is doubling the tax on goods imported from India, jeopardizing a relationship decades in the making.
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Trump’s Tariffs Will Crush India’s Exporters, Threatening Livelihoods
New U.S. taxes on American imports, even at 25 percent, will hurt many Indian businesses and may put vast numbers of people out of work.
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The Tycoons Who Profit From India’s Thirst for Russian Oil
President Trump’s new front in the trade war against India focuses on a pair of enormous refineries with extraordinary owners.
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What Happened to India Becoming the Next China?
With threats of tariffs up to 50 percent, President Trump seems to be scrapping America’s plan to turn India into a counterweight to China, declaring instead that it was a “dead economy.”