India tariff news highlights: ‘No question of yielding to any threats,' says former V-P Venkaiah Naidu
- India tariff news highlights: Naidu said some countries were “envious” of India's growth.
India tariff news highlights: Former vice-president of India M Venkaiah Naidu on Saturday said that there was no question of the country yielding to any threats. This comes after US President Donald Trump said that the US would not resume trade talks with India till the issue over tariffs is resolved....Read More
“We will safeguard energy security and we will stand firm on our strategic and national interest,” Naidu said, according to PTI. He said that some countries were “envious” of India's growth. “They are not able to digest our growth,” Naidu added.
Meanwhile, National Security Advisor Ajit Doval met Russia's Deputy Prime Minister Denis Manturov in Moscow. The two held talks over bilateral military-technical ties and the implementation of joint projects in strategic sectors.
The talks included “topical issues of #RussiaIndia military-technical cooperation, as well as the implementation of joint projects in other strategic sectors, including civil aircraft manufacturing, metallurgy, and the chemical industry”, the Russian Embassy in India said. This comes after Doval met Russian President Vladimir Putin at the Kremlin to hold a discussion on bilateral cooperation between the two countries.
Trump-Putin meet next week in Alaska
US President Donald Trump will meet Russian President Vladimir Putin next week in Alaska. “The highly anticipated meeting between myself, as President of the United States of America, and President Vladimir Putin, of Russia, will take place next Friday, August 15, 2025, in the Great State of Alaska,” Trump said in a post on Truth Social.
The meeting comes after Trump on Friday claimed that “we're getting very close” to a peace deal. Meanwhile, given his exclusion from the meeting, Ukrainian President Volodymyr Zelensky said his country would not be ceding any territory to Russia, adding that any deal made without Kyiv's involvement would be a “dead solution”.
US tariffs in India: What do we know?
The US announced additional 25 per cent tariffs on India on August 6, days after imposing a 25 per cent duty on both countries, after they were unable to reach a trade agreement framework before President Donald Trump's deadline.
Trump said in a post on Truth Social that the additional tariffs were imposed because India purchased oil from Russia, taking the total duties on India to 50 per cent. Five rounds of talks have been completed between India and the US after negotiations began in March to reach a bilateral trade agreement.
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- 10 Aug 2025, 06:28:24 AM IST
Live updates for US tariffs on India end here.
- 10 Aug 2025, 04:14:04 AM IST
India tariff news LIVE updates: Lula, Putin Discuss Stronger Brazil-Russia Ties in Phone Call
Russian President Vladimir Putin called Brazilian counterpart Luiz Inácio Lula da Silva to discuss cooperation among the BRICS countries amid Donald Trump's tariff war.
The two leaders reaffirmed their determination to further strengthen their countries’ strategic partnership and coordination within BRICS, according to the Kremlin. Putin initiated the call, which included a discussion of his talks with the US on Ukraine and Brazil-Russia cooperation, Lula’s office said in a statement.
Brazil has become a target of Donald Trump’s trade war after the US president imposed higher tariffs in an effort to end the trial of former President Jair Bolsonaro on charges that he attempted a coup.
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- 10 Aug 2025, 01:21:26 AM IST
India tariff news LIVE updates: Vladimir Putin dials Brazil's Lula a day after speaking to PM Narendra Modi amid Donald Trump's tariff war
A day after talking to Prime Minister Narendra Modi, Russian President Vladimir Putin called his Brazilian counterpart Luiz Inácio Lula da Silva to discuss cooperation among the BRICS countries amid US President Donald Trump slapping tariffs on both New Delhi and Brasilia.
- 9 Aug 2025, 11:38:20 PM IST
India tariff news LIVE updates: India's Ambassador to the US shares India's perspective on its energy security with Senator Lindsey Graham
India's Ambassador to the US Vinay Mohan Kwatra on Saturday spoke to US Senator Lindsey Graham and shared New Delhi's perspective on its energy security, including increasing energy trade with the United States.
“Spoke to Senator @LindseyGrahamSC and shared with him the Indian perspective on our energy security including increasing energy trade with the United States,” Kwatra said in a post on social media.
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- 9 Aug 2025, 09:00:51 PM IST
India tariff news LIVE updates: ‘PM Modi will never compromise with national interest,’ says union minister Suresh Prabhu
Union minister Suresh Prabhu, while responding to the tariffs imposed by US President Donald Trump on India, said that Prime Minister Narendra Modi would “never compromise with national interest”. “It is a reality that the tariffs that have been imposed (by the US on India) are a unilateral action. PM Narendra Modi is capable of taking whatever necessary steps are required,” Prabhu said, according to ANI.
- 9 Aug 2025, 08:30:17 PM IST
India tariff news LIVE updates: India ‘endorses’ and supports Putin and Trump's upcoming meeting
India on Saturday “endorsed” and “supported” the upcoming meeting between US President Donald Trump and Russian President Vladimir Putin in Alaska on August 15. “India welcomes the understanding reached between the United States and the Russian Federation for a meeting in Alaska on 15th August 2025,” the Ministry of External Affairs said in a statement.
“This meeting holds the promise of bringing to an end the ongoing conflict in Ukraine and opening up the prospects for peace. As Prime Minister Narendra Modi has said on several occasions, “This is not an era of war”," the MEA stated.
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- 9 Aug 2025, 07:29:35 PM IST
India tariff news LIVE updates: ‘No question of yielding to any threats,’ says former V-P Venkaiah Naidu on Trump's tariffs
Former vice-president M Venkaiah Naidu, in response to US President Donald Trump's tariffs on India, said that India would not yield to any threats. “We will safeguard energy security and we will stand firm on our strategic and national interest,” Naidu said, adding that threats would not work on India. On being asked whether trade talks with India would resume, Trump said that would not happen till the tariff issue gets resolved.
- 9 Aug 2025, 07:13:43 PM IST
India tariff news LIVE updates: Meeting with Putin ‘very shortly’, says Trump
US President Donald Trump said that he would hold a meeting with Russia “very shortly”, days after he imposed additional tariffs on India for purchase of Russian oil. While imposing the additional duties, Trump claimed that India was “fuelling” the “Russian war machine”.
While announcing a peace deal with Armenia and Azerbaijan at the White House, Trump said, “We’re going to have a meeting with Russia, start off with Russia, and we’ll announce a location.” “I think the location will be a very popular one, for a lot of reasons, but we’ll be announcing that a little bit later," he added, according to a Bloomberg report.
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- 9 Aug 2025, 06:50:21 PM IST
India tariff news LIVE updates: ‘Trump using tariffs for purposes other than trade,’ says former Indian diplomat
Former diplomat KP Fabian said that US President Donald Trump is “using tariffs for purposes other than trade.” Citing the example of Brazil, Fabian said that Trump had imposed tariffs on the country “because of the treatment being meted out to Jair Bolsonaro by the Brazilian judicial system...” “President Trump has made it clear that he will not continue trade talks with India until the tariff issue is resolved, although he may change his mind tomorrow,” the former diplomat said.
- 9 Aug 2025, 06:23:05 PM IST
India tariff news LIVE updates: Tamil Nadu textile producers who export to US adopt ‘wait and watch’ strategy
Some garment manufacturers from Tamil Nadu's Tiruppur, who export to the United States, have halted production amid US President Donald Trump's tariffs on India. Other producers are also evaluating their options in light of the duties. Tiruppur Exporters' Association President K M Subramanian told PTI that the producers were adopting a “wait and watch strategy” for the next two weeks.
“Total exports made (from Tiruppur region) is about ₹45,000 crore of which 30 per cent ( ₹12,000 crore) is to the US market. We expect 50 per cent business, which is about ₹6,000 crore to be impacted,” PTI quoted Subramanian as saying.
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- 9 Aug 2025, 04:50:06 PM IST
India tariff news LIVE updates: Trump's tariffs could push India closer to Russia, says ex-US NSA
US President Donald Trump's decision to impose additional tariffs on India could push it closer to Russia, National Security Advisor John Bolton warned. "Trump's tariffs against India are intended to hurt Russia but they could push India closer to Russia and to China to oppose these tariffs," Bolton said in an interview with CNBC.
He further said that Trump's “leniency” towards China and the “heavy handed tariffs on India” could jeopardise decades of American efforts to “bring India away from Russia”.
- 9 Aug 2025, 04:08:42 PM IST
India tariff news LIVE updates: We should support govt to protect interests of the country, says Sharad Pawar
NCP (SP) chief Sharad Pawar on Saturday said that the citizens of the country should support the government in the national interest of India. “The imposition of a 50 per cent tariff on Indian goods is a pressure tactic. We, the people of India, should support the government to protect the interests of the country,” Pawar said.
Speaking about US President Donad Trump, he said that “no one has control over him”. “We saw the work style of Trump in his first term as US president earlier….He speaks impulsively whatever comes to his heart,” Pawar added.
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- 9 Aug 2025, 03:25:19 PM IST
India tariff news LIVE updates: NSA Doval meets Russia Deputy PM amid US tariff tensions
National Security Advisor Ajit Doval met Russia's Deputy Prime Minister Denis Manturov in Moscow, days after meeting Russian President Vladimir Putin. The meeting comes amid US tariffs on India on account of its purchase of Russian oil.
The talks included “topical issues of #RussiaIndia military-technical cooperation, as well as the implementation of joint projects in other strategic sectors, including civil aircraft manufacturing, metallurgy, and the chemical industry”, the Russian Embassy in India said.