Gold Chain

US TARRIFS ON INDIA  The impact of conditional and persistent trade tariff imposed by Donald Trump's administration is creating much discussion in academics and Policy levels.The secondary 25% punitive tariff and original 25% already existed together imposed by US administration on Indian exports came into effect from 27th August 2025.It has been observed that sectors that will be immediately affected  by tariffs  include textiles, garments gems and jewellery, shrimp,leather and foot wear,animal products, chemicals and electrical and mechanical machinery. It is to be noted that while there is 0% tariff on Pharmaceuticals and smartphones,only 6.9 % on  petroleum, vehicles and parts 26%, adverse impact will be maximum on knitted apparels 63.9%,woven apparels 60.3%, textiles 59%,Organic chemicals 54%,carpets 52.9%,Diamonds and gold 52.1%,Steel Copper and Aluminum 51,7 %,Machinery and mechanical appliances 51.3%.Accordingly the impact will be felt severe on apparels, tex...

 As per US Presidential order India has to pay 25%  tarrifs .Subsequently US declared that if India is not going to stop importing oil from Russia it has to pay penal tariff  of  additional 25%  which will come into effect after 21 days.and above the existing 25 % tariff as a penalty for the continued import of oil from Russia. Accordingly the total 50% tariff is expected to come into effect from 29th August. While existing 25% tariff alone could weaken India's exports to US, additional  proposed 25 %  penalty is  to be imposed on oil imports from Russia is expected to force  India  further to purchase crude from US. Trump has already branded India as one of the most protectionist countries with high trade and non trade  barriers limiting foreign market access and there by enabling India allegedly to maintain trade surplus with  US. Hence Trump's broader goal is by imposing tariff is to reduce the trade deficit and establish so...

 CETA Trade negotiations between India and UK which started from January 2022 successfully completed in July 2025 resulting in a Comprehensive Economic and Trade Agreement (CETA).The new strategic  cooperation plan has replaced earlier Roadmap 2030 with  comphrensive  India- UK  Vision 2035 . This outlines comphrensive road map to deepen strategic ties across Trade, technology, Defence, education, climate and innovation aiming at enhancing investment, job creation, clean energy, people to people link,shared in democratic values, mutual growth and global leadership. Broadly the intention is  to boost existing bilateral trade of $56 billion .As per the Free Trade Agreement signed on 24th July UK has removed tariff on 99% of its products apart from availing zero duty access to 99% of Indian export to UK. Bilateral Trade is expected to grow two times from $56 billion lines.But as per the study of  Global Trade Research Initiative only $ 6.5 billion or 45% ...