NCP (SP) chief and former Union Agriculture Minister Sharad Pawar on Wednesday (04 February) said that the new US tariff policy includes provisions allowing export of agricultural products to India, which is a matter of concern for Indian farmers. Talking to reporters in Baramati, Sharad Pawar said that a clear picture of the recent trade agreement between India and America will emerge in the next two days.

Rajya Sabha member Pawar said that we can say something only after the picture becomes clear. However, there is a provision in the India-US tariff agreement announced by the US that allows agricultural exports to India, which is a matter of concern for Indian farmers and the domestic agriculture sector.

Agricultural export can cause loss to local producers- Pawar

He said, “America is a powerful economy and large-scale agricultural exports from there can harm local producers in other countries. I hope that the Indian agricultural sector will be protected.” Meanwhile, Caroline Levitt, press secretary of the White House, the official residence and office of the US President, said in a conversation with reporters, “The President (Donald Trump) has signed another major trade agreement with India. He spoke directly to Prime Minister Modi.

Good relations between India and America- Caroline Levitt

White House Press Secretary Carolyn Levitt further said, “There are very good relations between the two countries. India is not only committed to stop buying oil from Russia but is also committed to stop buying oil from America. Possibly even from Venezuela, from which we know that America and the American people will now directly benefit.

He said that apart from this, Prime Minister Modi has committed to invest 500 billion dollars in America, which also includes transportation, energy and agricultural products. So this is another great trade deal thanks to President Donald Trump.

China State Media Made Fun of Trump: Ever since Donald Trump became the President of America, his policies have been continuously in the headlines. Trump has imposed tariffs on many countries one after the other and taken tough decisions. Recently, following Trump’s order, the news of Venezuelan President Nicolas Maduro and his wife Cilia Flores being arrested from the capital Caracas was also revealed.

America says that the Venezuelan government was becoming a threat to international security and conspiracies were being hatched from there against America. Trump alleges that Venezuela has become a major route for smuggling of dangerous drugs like cocaine and fentanyl into America. He says that to end this problem it is necessary to remove Maduro from power. Trump has also alleged that because of Maduro’s policies, millions of Venezuelans had to leave their country and flee to America. He claimed that criminals were sent to America from prisons and mental hospitals in Venezuela. Apart from this, Trump has also talked many times about America’s rights over Greenland.

China’s government media made fun of

Amidst all these incidents, China’s government media has taken a dig at Trump’s policies and decisions. China’s government media has shared a video on social media, in which Trump’s decisions have been mocked. It is written along with the video, ‘I do whatever I want.’ In this video, the issue of Greenland has also been raised and international law has also been made fun of in a sarcastic manner. This video from China is being seen as a sarcasm on Trump’s aggressive foreign policy and unilateral decisions.

AlGC MV: I do what I want.#US #Venezuela pic.twitter.com/erMEEayYg6

— China Xinhua News (@XHNews) January 13, 2026

Trump said this about Greenland

US President Donald Trump says that America will have to take control of Greenland to prevent Russia and China from occupying Greenland. Trump said that any country should own its things, just renting it does not work. According to him, only if Greenland belongs to America, it can be properly protected. He also said that America will do this work either in an easy way or in a difficult way.

Till now, India is finally retaliating against Trump’s tax policy for the first time. It is reported that India has submitted a proposal to impose duty on American products to the World Trade Organization (WTO). It is believed that this step has been taken by the US in response to the US imposing an additional 25 per cent tariff on steel and aluminum imports in March 2024.

Which products will be given extra tariffs

The May 12 document sent to WTO clarifies that “suspension of proposed concessions or other obligations will be in the form of tariff growth on select products coming from the US.” However, it has not yet been cleared on which special products this tariff will apply.

In March, the US implemented 25 per cent tariffs on imported steel and aluminum from other countries including India. This tariff is an extension of the policy launched in Donald Trump’s first term in 2018. This step has directly affected the country like India. India is the second largest raw steel producing country in the world.

Effect on billions of products

India has said in its document that this decision of America has affected the India-made products of about $ 7.6 billion, which are exported to the US. Along with this, the Trump administration has also talked about imposing recipes up to 26 percent on Indian goods.

The ongoing trade deal conversation

Amidst this atmosphere of tariff war, India and America are also in the process of finalizing a comprehensive trade deal. According to Bloomberg report, by the end of this year, both countries can reach an agreement. India has indicated that it is ready to reduce its tariff gap with America by two-thirds.

Will this step affect the conversation?

Talking to Hindustan Times, a trade expert said that this retaliation came at a time when India and America are working on the possibilities of a comprehensive free trade agreement. In such a situation, this retaliation by India can slow down the process of negotiation.

India is also taking internal steps

India is not only imposing counter tariffs, but it is also giving protection to its domestic industry. Last month, India also imposed a temporary tariff of 12 per cent to prevent cheap steel imports coming from China. Its purpose is to balance domestic supply and protect the steel industry.

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Us-china trade war: America-China trade war is deepening every passing day. The big companies of both countries are suffering the brunt of Xi Jinping and Donald Trump’s enmity. Recently, a tough decision of China has once again put America’s plane manufacturer Boeing in trouble.

In fact, China has instructed its airlines not to take new aircraft from Boeing, causing a huge decline in the company’s shares on Tuesday. It is believed that this decision has been taken due to the US-China Trade War.

What is the whole matter?

According to a report, China has stopped its airlines from taking delivery of any new aircraft in Boeing. There was no official statement from China, but the report of Bloomberg has given air to this news.

Why does Boeing feel a shock?

Boeing is the largest exporting company in the US and employs around 150,000 American employees. But the company has been struggling for the last 6 years and the company has faced a loss of $ 51 billion since 2018. The special thing is that two-thirds aircraft of the company are sold to international customers, the largest market is China.

Boeing estimates that China will need about 8,830 new aircraft in the next 20 years, but after this decision, Boeing may suffer a lot from this market.

What is the only trade war?

Boeing’s problem is not just due to business stresses. The company had to ground its best -selling aircraft 737 Max after two deadly accidents in 2018 and 2019. Due to this, China did not allow these aircraft to return to service for a long time, while other countries brought them back to flight in 2020.

Why is delivery necessary for Boeing?

Boeing gets a large share in payment only after delivery of the aircraft. That is, till the delivery is not done, there will be no earning. According to the company, by the end of 2024 it has 55 aircraft in stocks, most of which were for the customers of China and India, but now it has become a burden on the stock company due to stopping delivery.

New battle of trade war

After US President Donald Trump imposed tariffs up to 145 per cent on Chinese products, China also retaliated and taxed US products up to 125 per cent. Their sales in China have almost become impossible due to so much tax on Boeing’s expensive aircraft. According to a CNN report, in 2017 and 2018, Boeing took orders for 122 aircraft from China, while in the last 6 years it has received only 28 orders, that too most of the freight aircraft.

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The US government may have given some electronic products exempted from tariffs i.e. import duty, but this relief is not going to last long. US Commerce Secretary Howard Lonik has clearly stated that this discount is just temporary and soon a special “semiconductor tariff” will be imposed on these products.

What did Commerce Secretary say?

Talking on the ABC channel’s show ‘This Week’ on Sunday, America’s Commerce Secretary Lonik said, “Many electronic items like smartphones, computers, solar cells, flat-panel TVs have been excluded from the tariffs right now, but all these products will be under semector tax in the next 1-2 months.” He said that America now wants to build these essential things like chips, flat panels and semiconductors in its country itself. Lonik insisted that we cannot be completely dependent on South East Asia.

It is a matter of national security

Lonik also made it clear that this is not an issue that can be resolved by negotiating with other countries. He said that these products now come under ‘National Security’. Meaning, it should now be made in America. They cannot be exempted from tariffs forever.

What is the thinking of Trump administration?

President Donald Trump and his team want factories to be made again in America, especially the goods related to medicines and technology. For this, companies are being forced to bring back the manufacturing by imposing tax on imports.

Which products are now exempted?

On Friday night, the US Customs Agency issued a notice stating that things like smartphones, computers, solar cells, TV displays, and storage devices are currently exempted from tariffs. But now it has become clear that this discount is temporary and tax may be applied again in the coming months.

Message to india

The tariff policy in the US has now directly connected to the National Security. For countries like India, it is an indication that in global trade, more ‘safe trade’ is coming more than ‘free trade’.

Also read: India US Trade Deal: Not exactly for India ‘Zero-for-Zero’ tariff model … Sources told how to talk to Donald Trump

Us tariff policy: American gave relief from tariffs to more than 75 countries of the world, but Trump is constantly increasing the fees on goods imported from China. Due to the decline in the dollar and the upheaval in the markets, concerns about American economy have increased. Meanwhile, US President Donald Trump posted on the social media platform Truth and said that we are doing a really good work on our tariff policy, which is very exciting for America and the world. He said that we are moving fast.

Xi Jinping’s first response to tariff

Trump’s statement came at a time when the US dollar has fallen drastically and it reached a three -year low compared to the Euro. On Trump’s tariff policy, Chinese President Xi Jinping said, “China and Europe should fulfill their international responsibilities and oppose the unilateral threatening policies of America.”

Tariff war broke out in China-America

China retaliated against the continuous increase in tariffs by the Trump administration. China also increased the tariff to 125 on imports of American products to 125 on Friday. Earlier, the US had announced to increase the duty on products imported from China to 145 percent. However, China has also shown interest in interacting with the US administration to remove the trade war on the custom commission.

Announcing an additional 125 per cent duty on US imports, China’s Customs Commission said, “If America imposes even more duty, it will not have any economy and finally it will be recorded as a joke in world economic history.” China said that if America is engaged in weakening our interests, then China will take strict retaliation and fight till the last. China’s Ministry of Commerce has also filed a case against the US in the World Trade Organization (WTO).

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Us china trade war: US President Donald Trump has taken Tariff War to a separate level against China. The White House announced on Tuesday that from April 9, an additional tariff of up to 104 per cent will be charged on goods imported from China. This step was taken when China refused to remove 34 per cent of the counter -charge imposed on American goods.

What did the White House say?

White House Press Secretary Caroline Lewitt clearly stated that China’s retaliation was a huge mistake. He said, “When someone attacks America, President Trump and do loud back.

China not priority

It is clear from this move of the Trump administration that China no longer prioritize the trade policy of America. Officials have also said that trade talks with other countries will continue, but there is no possibility of any immediate agreement with China. In fact, this trade war deepened when President Trump had indicated to increase the tariff for the first time on 2 April. After that announcement, there was a huge decline in the global stock markets, causing the possibility of recession and a major upheaval in international trade. However, later there was some recovery in the US markets, but the atmosphere of uncertainty still remains.

China does not back down

On the other hand, China has also taken an aggressive stand. Describing the American tariff as “blackmail”, he has said that he is “ready to fight till the end”. This attitude of China has increased the tension between the two countries. The effect of this tariff war will not be limited to America and China only. It can also affect developing countries like India. Increasing uncertainty in global trade and concern of investors can also affect India’s markets. In such a situation, economies around the world will not remain untouched by this economic fight.

Also read: China will be ruined or sinking American economy? Who will suffer more loss due to Trump’s tariff policy!

US President Donald Trump’s tariff policy (US President Donald Trump Tariff Policy) has caused a ruckus in the entire world. In the global stock market, only red is seen red everywhere. This tariff policy of Trump has not only put China, India or other countries in trouble, but it has also created a big economic crisis over Russia. Actually, Russia’s economy, which is mainly dependent on oil, gas and mineral exports, is moving towards a serious crisis.

What is the whole matter?

On Monday, there was a huge decline in crude oil prices, where Russia’s Urals crude oil reached close to $ 50 per barrel. The decline occurred when former US President Donald Trump announced a tariff globally. Under Trump’s new tariff policy, 34 percent of goods from China, 26 percent on India and 20 percent on imports from European union have been imposed. Apart from this, an additional 10 percent tariff has also been imposed on the whole world.

The fall in oil prices has a direct impact on Russia’s income. In March itself, the country’s oil and gas earnings had fallen by 17 percent and the situation has worsened in early April itself.

What did Russia say?

Reacting to this, Kremlin spokesman Dimitri Peskov said that the government is keeping an eye on this situation and will take necessary steps to reduce its effect. This whole incident did not only affect Russia, but there has been upheaval in the financial markets of the whole world. In just 72 hours, wealth of more than Trillian dollars was erased from global markets. The price of the American benchmark WTI crude came to $ 60 per barrel, while the international brent crude reached $ 64 per barrel.

Trump said everything is fine

However, amidst all this, Donald Trump claimed on his social media platform ‘Truth Social’ that everything is fine. He wrote, “Oil prices are below, interest rates are also low, there is no inflation and America is now earning billions of dollars every week through tariffs.” He attacked China directly and said that China has been exploiting America for decades and now he has been taking revenge by imposing 34 percent additional tariffs, which is wrong.

Russia’s economy in crisis

This entire situation has seriously challenged Russia’s economy, because its biggest source of earning oil is now in danger. In other countries of the world, the recession of recession is being heard and investors are in dilemma. It will have to be seen further how Russia recovers from this crisis and will Trump’s policies affect the global economy further.

Also read: Global Market Crash: Global market shakes with Trump’s tariff bomb! There was an outcry in the stock market of the whole world including India

Donald Trump Tariff Policy: US President Donald Trump has recently announced a “Reciperook Tariff” policy, under which the US will now impose the same tariffs on other countries that it puts on American goods. This decision has created a stir in the global business world. The economies of many countries may be affected by this, but this situation has brought both relief and opportunity for India. However, when you look at the family per family, you will know that every year Indian families may suffer a loss of a few thousand rupees due to Trump’s tariff policy.

How much damage can Indian families suffer

The impact of this tariff policy on India’s economy is expected to be limited. Experts say that this will reduce India’s GDP only 0.19 percent, which is equal to the fall in income of Rs 2396 per family annually. The reason for this is India’s strong domestic demand and its limited stake in global exports (2.4 percent).

India is a major trading partner of America. Between April and February 2025, India has exported goods worth $ 395.63 billion to the US. Increasing tariffs will definitely affect textile, electronics and agricultural products. Understand this that India sends clothes worth $ 8 billion and $ 5 billion agricultural products to America every year. But due to more tariffs on countries like Bangladesh and Vietnam, Indian products will be relatively cheap and exports can get a new opportunity.

India is in good condition

Under Trump’s new tariff policy, a base tariff of 10 percent has been imposed on all countries, in which 26 percent additional fee has been added to India. At the same time, 34 percent tariff will be applicable on China, 46 percent on Vietnam, 37 percent on Bangladesh and 20 percent on European Union. In such a situation, India seems to be in a better position than in compatible countries, because Indian goods will still be comparatively cheap in the American market.

America in danger of stagflation

At the same time, there is a danger of increasing inflation and stopping economic growth in America, which is called ‘stagflation’. Apart from this, if other countries apply counter tariffs, then the global trade can become a situation of war. In such a situation, this is the time to create new strategies for India and find new markets.

The government is working fast on dumping dumping to protect domestic industries and trade agreement with the US. If India is able to make effective trade deals with the US, UK and Gulf countries, then areas like textile, electronics and semiconductor can benefit greatly.

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