The US government’s latest moves are however set to delay or derail a recovery for the IT services sector with revenue growth likely to have declined as much as 1.3% sequentially in the March quarter.

President Donald Trump has announced a new tariff regime, imposing a 10% baseline tax on imports from all nations and higher levies on countries with a trade surplus with the US. This action, justified as correcting trade imbalances,

Trump's new tariffs raise costs for Indian goods in the US, risking India's export market unless retaliatory measures are taken.

India faces a 26% reciprocal tariff—half of the 52% duty it levies on American imports. China, meanwhile, will see a 54% tariff in response to its 67% duty on US goods.

By Ruma Paul, Uditha Jayasinghe and Dhwani Pandya DHAKA/COLOMBO/MUMBAI (Reuters) - Bangladeshi garment exporter Shahidullah Azim woke up on Thursday to the shock of U.S. President Donald Trump slapping a 37% tariff on his country's exports,

Former RBI governor Raghuram Rajan on Thursday criticised the Trump administration’s decision to impose reciprocal tariffs on about 60 countries, calling it a “self-goal.” In an interview with PTI, he explained that while the move would hurt the US economy the most,

As per a White House annex, future reciprocal tariff rates differed for at least 14 nations from those on the charts presented when President Donald Trump announced his ‘Liberation Day’ tariffs.

Reacting to the tariff decision, a trade professional laid out the implications clearly in a detailed post that quickly sparked online discussion.

India plans to lower import tariffs on electric cars, rejecting requests from local automakers to delay such cuts by four years, as New Delhi prioritises closing a trade deal with the United States, government and industry sources told Reuters.