Russian crude imports: At this time 50 percent tariff is placed on India with America. In addition to the base tariff of 25 percent of these, 25 percent of 25 percent has been applied as penalty due to purchasing cheap oil from Russia. In such a situation, India has asked the US that if it allows New Delhi to import oil from Iran and Venezuela, then India will stop purchasing oil from Moscow.

Russia, facing international sanctions amidst the Ukraine War, started offering cheap oil. India imports about 90 percent of its needs. In such a situation, the purchase of oil at cheap prices from Russia has helped India to reduce the import bill to a great extent.

India’s condition in front of the US

However, India can also get similar cheap oil from Iran and Venezuela. According to a Bloomberg report, during the US visit this week, Indian authorities strongly put their stand on the issue of oil imports before the Trump administration.

He said in his suggestion that Indian refiners would need to allow the permission to import oil from Iran and Venezuela from Washington to cut the procurement of oil from Russia. Because these two countries are currently imposed international restrictions.

India’s aggressive side

Significantly, this visit of Indian officials has taken place at a time when Washington has put a huge tariff of 50 percent on New Delhi. However, despite the penalty, the purchase of cheap oil from Russia is still going on by India.

At the time of tour of New York, Union Commerce Minister Piyush Goyal indicated that India wants to increase the purchase of oil and gas from the US. He said that America will contribute to our energy security goals. Significantly, since the war between Ukraine and Russia started in 2022, India has increased a tremendous increase in the purchase of crude oil from Moscow.

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India and America have gone through a period of ups and downs for the last few months. There was a discussion about the first tariff and now H-1b Visa is also under discussion. Amidst all these cases, India’s Foreign Minister S.K. Jaishankar and Commerce Minister Piyush Goyal are visiting America. Jaishankar will meet US Secretary of State Marco Rubio on Monday (September 22). This meeting is considered important to improve the relationship between the two countries.

Actually, after the tariff increased, the trade deal between India and the US was also stuck, but now the path of talks between the two countries has opened. The team of America’s Business Representative Office came to India on 16 September. During this time there was talk on many important issues. Now S. Jaishankar and Piyush Goyal will try to solve the tariff by talking with America. Along with the tariff, the trade deal will also be included in the agenda. H-1b Visa can also be a big issue.

Third meeting between Jaishankar and Rubio

Foreign Minister Jaishankar and Marco Rubio met on 1 July this year. At the same time, there was a meeting in January too. Now there will be a third meeting between the two. This meeting of both can improve relations between India and America. On the other end Piyush Goyal will meet America’s Trade Representative (USTR) in New York with Jemison Greer.

Trump’s tariff affected the trade of both countries affected

The US first imposed 25 percent tariff on India, but then 25 percent penalty tariff was imposed. Trump has a problem due to India buying oil from Russia. He also mentioned this several times, but increasing the tariff has also affected America. The two countries were trading in several sectors, including Textiles and Garments, James and Jewelery, Leather Goods and Chemicals.

Chinese President Xi Jinping made a strong statement on the world’s current situation in the inaugural session of the Shanghai Cooperation Sangathan (SCO) Summit 2025, which began on Monday (September 1). In his address, Xi Jinping said that all countries should follow the principles of justice and fairness and together oppose the antics of cold war, factionalism and pressure. During this time, he also gave a message to the leaders present at the SCO Summit- Russia’s President Vladimir Putin and Prime Minister of India, Narendra Modi and emphasized global peace and cooperation.

Why is there tension between China and America?

This statement comes at a time when tension between China and America is deepened. Under the leadership of Donald Trump, the US imposed heavy tariffs on China, causing more than 100 percent tariff trade war between the two countries. Although the agreement was reached later, the tension still remains and now its effect has reached Russia and India.

Trump is pressurizing Putin for ceasefire

Trump has recently imposed 50% tariffs on India, due to which it is to buy oil from Russia during Ukraine War. Also, Trump is constantly pressurizing Putin for a ceasefire. He met Putin in Alaska and then held a bilateral meeting with the President of Ukraine at Washington DC.

Which countries are taking part in the SCO Summit?

The SCO Summit has started from 31 August in Tianjin, China, which will last for two days. It includes China, India, Russia, Pakistan, Iran, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Belarus. Apart from this, 16 countries are connected as supervisors or dialogues partners.

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US President Donald Trump has introduced a new proposal to impose tariffs on furniture imports. He said that the investigation will be completed in the coming 50 days and after that it will be decided how much a fee should be imposed on the furniture coming in America from other countries. Trump believes that this step will strengthen the American industry and bring production inside the country.

Why does Trump want to put tariff on furniture imports?

Trump in his statement especially mentioned states like North Carolina, South Carolina and Michigan. These states were once large centers in the furniture industry, but due to cheap labor and low production costs, most companies took their work abroad. Trump says that the new tariffs will be forced to produce companies again in America.

Trump’s announcement impact on the stock market

The impact of this announcement was directly seen in the US stock market. Shares of major furniture and home goods companies such as Wayfair, RH and Williams-Sonoma declined. While American manufacturing company like La-Z-Boy, which makes most of the furniture in America, increased its shares. Analysts believe that if the tariff is applied, foreign products will become expensive and domestic companies will get benefit.

Trump administration is investigating

The US Department of Commerce is currently investigating. This investigation is being done under Section 232 of the Trade Extension Act, 1962. This law allows the US government to impose tariffs on such products which are considered necessary for national security. However, it is not clear whether this tariff will be in addition to the current duty or will replace it.

Furniture industry used to provide employment to 12 lakh people in US

There was a time when America’s furniture industry was very strong. In 1979, about 1.2 million people used to work in this industry. By 2023, this number has come down to just 3.4 lakhs. The main reason for this decline is considered cheap production abroad and large -scale outsourcing. Trump says that the new tariff will not only promote the American industry but will also return employment for thousands of people.

Will Trump’s announcement be affected by India?

The proposal to impose tariffs on furniture imports is part of the widespread strategy of the Trump administration. The government is already considering putting tariffs on other products as well. These include copper, semiconductor and pharmaceuticals. The goal of this strategy is to promote domestic production, reduce foreign dependence and reinforce industry and employment in the US. Let us know that this announcement of Trump is also going to affect India because India also exports a large amount of furniture in America.

US President Donald Trump said on Friday (15 August 2025) that he would also put tariffs on the import of steel and semiconductor in the coming 2-3 weeks. This statement of Trump has made the companies making semiconders sleep. He said that initially rates will be kept low so that companies get time and opportunity to manufacture manufacturing in America. After this, tariffs will be increased.

Donald Trump has announced that tariffs will be imposed on imports of steel and semiconductor chips in the coming weeks. This step is being taken to promote domestic manufacturing. He says that instead of facing high fees, companies would prefer to produce in America itself.

What is Trump’s plan?

Trump said that the main objective of his policy is to strengthen American domestic manufacturing. He gave examples that just as the tariff on medicines was less and then more, similarly this process will be adopted on steel and chips. He also indicated that this policy can give exemption to companies that will be committed to increasing production in America.

What will affect the world with this decision of Trump?

The policies of Donald Trump have already changed global trade equations. In February, he had reduced the tariff on steel and aluminum to 25%. In May, he announced to increase it to 50% so that domestic manufacturers could get further boost. Now there is a preparation to apply 100% tariff on semiconductor chips. However, companies that will be willing to invest in America will be given relief from this.

Apple’s investment and Trump’s policy

Trump’s statement came at a time when Apple has announced an additional investment of $ 100 billion in the US. This step is in line with the strategy of the US government, under which large tech companies are being motivated to increase manufacturing in the US itself.

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A day after talking to Prime Minister Narendra Modi, Russian President Vladimir Putin called Brazil President Lula de Silva. According to Kremlin’s statement, the two leaders reiterated their resolve to further strengthen strategic partnership and coordination within the BRICS. According to the Brazilian President’s Office, the call took place on Putin’s initiative and it also discussed not only BRICS but also Brazil-Russia Cooperation with Ukraine, America and recent tariff policies.

A day earlier, President Lula called Prime Minister Modi. The two leaders emphasized the target of exceeding $ 20 billion to bilateral trade by 2030. Along with this, cooperation in areas like energy, agriculture and technology was also discussed. India-Brazil relations, especially on multilateral forums like BRICS and G20, have become rapidly strengthened in recent years.

What will be the effect of Trump’s tariff on BRICS?

US President Donald Trump has recently imposed high tariffs on both India and Brazil. America has imposed 50% tariff on India. Due to buying oil from Russia, US President Donald Trump imposed a high fee on Brazil, which is seen in the context of Republican pressure related to the trial against former President Bolsonaro in Brazil. These tariffs highlight the need for a collective response to the BRICS countries, although Lula has clarified that Brazil will not impose tariffs on America alone.

Brazilian strategic reaction

Responding to Trump’s tariff, Brazil has intensified efforts to increase trade with partners like China, India and South-East Asia. Although Brazilian oil producers have been relieved from American tariffs, concerns have increased about Brazil’s dependence on Russian diesel after applying additional tariffs on India.

What steps will Brazil take about tariff?

The recent dialogue between Lula, Putin and Modi indicates that BRICS countries can formulate a joint strategy against the American tariff. Although no official joint statement has been issued yet, the process of dialogue shows that this issue will be a major agenda in the upcoming BRICS conferences.

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The US has imposed tariffs on 96 countries including India, which will be applicable from 7 August 2025. ,new York Times, A report of claimed that It will have the most impact on Brazil. It is being said to impose 50 percent tariff on Brazil. At the same time, the White House has issued a new order on Thursday (31 July). According to this, Syria will be affected the most due to tariff. 41 percent tariff has been imposed on it.

US President Donald Trump has imposed 25 percent tariff on India and 19 percent on Pakistan. Complete information has been given about the tariff on the official website of the White House. Syria, Laos, Myanmar and Switzerland have the highest tariff. Syria has been imposed 41 percent, 40 percent on Laos, 40 percent on Myanmar and 39 percent on Switzerland. Iraq is included in the Top 10 list. It has a 35 percent tariff on it.

Tariff increased deadline

Trump had announced that the new character would be implemented from August 1, but currently the threat of tariff has been averted from all countries including India and Pakistan. Now it will be applicable after about a week. The trade deal of India and America has not been finalized yet. Trump wants to increase pressure through tariff. They want India to sign the agreement immediately by mixing agriculture and dairy sectors, but India is not ready for it right now.

Explain that Trump has imposed 30 percent tariffs on South Africa and Algeria, 20 percent on Bangladesh, 19 percent on Cambodia, 15 percent on Costa Rica and 15 percent on Ghana. The trade deal between the US and China is also going to be final. However, clear information about the tariff could not be found.

Top 10 countries affected by Trump’s tariff

• Syria – 41%
• Laos – 40%
• Myanmar – 40%
• Switzerland – 39%
• Iraq – 35%
• Serbia – 35%
• Algeria – 30%
• Bosnia and Herjegovina – 30%
• Libia – 30%
• South Africa – 30%

Dollar vs rupee: On the one hand, while the announcement of 25 percent new tariffs imposed on India and the purchase of crude oil from Russia by US President Donald Trump, there was a stir in the stock market on Thursday morning, while crores of investors were drowned in a few minutes. Meanwhile, the Indian rupee on Thursday improved 14 paise to reach 87.66 against the US dollar during early trade on Thursday, which is its lowest level ever.

Recovery in rupee:

This recovery in the rupee has been seen at a time when the possibility of intervention of the Reserve Bank of India (RBI) increased after Trump’s warning. Foreign currency traders say that in the last three years, the rupee has come back a bit after the biggest decline in a day against the dollar. However, it is still trading with a negative attitude.

On Wednesday, the rupee reached a record low of 87.80 against the dollar. At the same time, the dollar index, depicting the US dollar position against six major currencies, fell 0.03 percent to 99.78.

stock market crash:

Indian domestic stock markets saw a decline after Trump’s tariff was announced. The BSE Sensex fell 582.49 points to 80,899.37 in early trade, while NSE Nifty also fell 151.70 points to 24,802.45. The price of International Standard Brent crude fell 0.19 percent to $ 73.10 per barrel.

According to stock market data, foreign institutional investors (FIIs) were pure selling on Wednesday. He sold shares worth Rs 850.04 crore. On the other hand, the Federal Reserve has not cut any kind of interest rates. Negotiations are going on between India and America about the trade agreement, which still keeps the expectation for exporters ..

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America And Japan Of between Now till of To all Big Trade The deal is done. US President of Donald Trump Told that this deal includes an investment of $ 550 billion. He expressed happiness that Japan is opening a market for America for the first time. He has threatened the countries of America, referring to Japan in gestures. Trade The deal has not been done.

Trump threatened by giving an example of Japan

Donald Trump Said, “I will reduce the tariff only when a country agrees to open its market. If this does not happen then more tariffs will be imposed. For the first time, the markets of Japan have opened for America and now our business will gain momentum.”

Trump Done Truth But wrote, “If I can persuade big countries to open my market for America, I always tariff Points Will leave Trump Describing the tariff as power further, it said that it would be impossible for countries to persuade countries to open their markets without them. Always for America, Shrine Tariff! “

US will benefit from the deal with Japan- Trump

Donald Trump has claimed that the US-Japan trade will create millions of jobs, which has never happened before. He says that whatever benefit from this, America will get 90 percent of it. They said that Japan also agrees to impose 15 per cent reciprocal tariffs.

Trump also announced trade agreements with Philippines and Indonesia. Trump said that 19 percent duty would be imposed on products imported from Philippines and Indonesia. At the same time, the situation is not yet clear about the trade deal between Indo-US. Indian delegation, who went to America for talks about the trade deal, has returned. Now America’s delegation will come to India in the second week of August.

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US India Trade Deal: After imposing heavy tariffs on 14 countries, US President Donald Trump has said that a major trade agreement between the US and India could be completed soon. He made this statement during a private dinner with Israeli President Benjamin Netanyahu.

Trump said, “We are very close to an agreement with India.” He also informed that the US has already signed a trade agreement with the United Kingdom (UK) and China. This strategy of the Trump administration is considered to be a part of a large plan to re -shape global trade relations and establish America’s strength through tariffs.

America’s need to reduce trade deficit: Trump

The US President has said that the countries which do not accept the trade conditions of America, will soon have to face new tariffs i.e. tax. He said, “We have reached a good agreement with some countries. Some are going to happen soon with some, but we will send a new tax notice to the countries which will not accept our conditions.” Trump said that these taxes are necessary to reduce America’s trade deficit and strengthen the country’s economy and security.

Indo-US trade agreement may be held on 9 July

Sources told the news agency PTI that if the existing differences are resolved, the interim trade agreement between India and the US could be announced before 9 July. The two countries started a discussion on the bilateral trade agreement – BTA in February this year, which targets to complete the first phase by September -October. At the moment, the two countries are seriously trying to finalize an interim trade deal, so that the path of the final agreement can be easier.

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