India US Trade
Latest news, explainers and analysis on India US Trade. Tracking 2 stories on Arth Vani.
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Latest on India US Trade
Rupee Gains 20 Paise to ₹94.20 Against US Dollar as Trade Talk Hopes Rise
The Indian rupee strengthened by 20 paise on Friday, reaching ₹94.20 against the US dollar amid progress in India-US trade negotiations. This slight appreciation is supported by steady foreign investment and favorable global oil prices.
India Urges US to Reconsider Proposed 12.5% Import Tariffs
India has formally requested the United States to withdraw its proposed additional 12.5% tariffs on Indian exports. New Delhi argues that these tariffs lack a proper legal foundation and sufficient evidence to justify their imposition. The US is currently investigating several economies, including India, over concerns regarding forced labor import policies.
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