Tariff
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Piyush Goyal denies reports of stalled US trade talks as 'false and misleading
Fp Business Desk •India has rejected a rushed trade deal with the US, seeking better terms on tariffs, agriculture and market access as stronger exports and new trade partnerships boost New Delhi’s bargaining power, Reuters reported

Lindsey Graham: The man who pushed for 500% tariff on India over Russian oil purchases
Fp Staff •While Republican Senator Lindsey Graham will be remembered for pushing conservative, right-wing ideologies, in India he will be known as the American lawmaker who pushed Trump to impose 500 per cent tariffs on New Delhi for Russian oil purchases.

'It's in last 1 or 2%': US envoy Sergio Gor says India-US trade deal nears completion
Fp Business Desk •US Ambassador Sergio Gor says the India-US trade deal is in its final 1-2 per cent of negotiations, calling it a "win-win" for both countries. The US also announced $20.5 billion in fresh investments in India, while highlighting deeper cooperation in AI, technology and defence

‘Bullshit numbers... no, these are data’: Trump, Lutnick sparred over India & China tariffs, says new book
Fp Staff •US President Donald Trump dismissed his own administration's data as 'bullshit numbers' as he frantically sought a justification to set high tariffs on India and China, a new book by New York Times journalists Maggie Haberman and Jonathan Swan has revealed.

Treasury refunds $22 billion in Trump tariffs, offsetting May duty collections
Fp Business Desk •The US Treasury refunded nearly $22 billion in tariffs imposed under Donald Trump's trade policies in May, offsetting the month's duty collections and pushing net customs revenue into negative territory

US judge says Trump appeal could delay $166 billion in tariff refunds for importers
Fp Business Desk •A US trade court judge urged the Trump administration to withdraw its appeal against a tariff refund order, warning that the move could delay the return of up to $166 billion to importers despite ongoing repayments

Chinese business lobby opposes Trump’s proposed tariffs, calls US trade probe unfair: Report
Fp Business Desk •China’s leading trade promotion body has criticised the Trump administration’s proposed tariffs on imports from 60 economies, calling the US trade probe unfair and urging Washington to resolve disputes through dialogue instead of trade restrictions

US-India trade deal hinges on Section 301 outcome, says policy expert
Fp Business Desk •A US-India trade deal remains contingent on the outcome of Washington’s Section 301 tariff framework, as fresh US proposals for up to 12.5 per cent tariffs on imports linked to forced labour add uncertainty to ongoing negotiations between the two countries

Tariff shock hits EU steel: Exports to US fall 34 per cent as duties double
Fp Business Desk •EU steel exports to the US have fallen 34 per cent after Washington raised tariffs to 50 per cent, with Eurofer warning of sustained trade disruption and weaker shipments of both steel and derivative products

More US tariffs coming? Why Trump may slap fresh 12.5% levies on India
Fp Explainers •The new tariff has been proposed by the US Trade Representative (USTR), which has been investigating dozens of its trading partners. Under the proposed scheme, India would be hit with a 12.5 per cent levy, while other countries like Pakistan would face a 10 per cent tariff


