The White House has released a detailed fact sheet outlining the ‘path forward’ for the newly announced India–US trade agreement, describing it as a major step toward rebalancing bilateral trade and strengthening long-term economic cooperation between the two countries.
US President Donald Trump’s semiconductor tariff announcement is poised to shake global trade once again. On August 5, Trump stated that new tariffs on semiconductors and pharmaceutical products could be rolled out within a week. As global markets brace for impact, India’s auto sector, heavily reliant on imported chips, could face significant ripple effects.
Trump tests his unconventional trade theory with auto tariffs. The president’s broad taxes on cars and auto parts will now
