India’s Rice Exports Expected to Withstand US Tariff

By BPN News Desk July 31, 2025

Business Trade

The Indian Rice Exporters Federation (IREF) has stated that the recently announced 25% U.S. tariff on Indian rice imports, effective August 1, is unlikely to cause major disruption. The industry considers it a short-term hurdle and expects exports to remain largely stable due to India’s

Business Trade

Trump Slaps 25% Tariff and Penalty Tax on India

By BPN News Desk July 30, 2025

President Donald Trump announced on July 30 that the United States will implement a 25% tariff on all goods imported from India starting August 1. Alongside the tariff, a penalty tax will also be imposed due to India’s continued defense and energy trade with Russia. India’s Russia Ties Cited as Key Factor Trump stated that […]

Business Trade

India–US Trade Talks Miss August 1 Tariff Deadline

By BPN News Desk July 29, 2025

India and the United States have not finalized a bilateral trade deal ahead of the August 1 deadline set under the Trump administration’s new tariff policy. As a result, Indian exporters now face the risk of higher U.S. tariffs ranging from 20% to 25% on key products such as pharmaceuticals, textiles, gems, leather, and seafood. […]

Business Trade

British Media Hails India-UK FTA as Post-Brexit Win

By BPN News Desk July 25, 2025

British media outlets have praised the newly signed Free Trade Agreement (FTA) between the United Kingdom and India as a major success in the UK’s post-Brexit trade strategy. The agreement, finalized on July 24, is being described in the UK press as a “bumper deal” and “the most significant since Brexit,” giving Britain much-needed momentum […]

Business Trade

India Confident of Special Treatment in US Trade Talks

By BPN News Desk July 25, 2025

India’s ongoing trade negotiations with the United States have entered an advanced stage, with Commerce Minister Piyush Goyal expressing optimism about the outcome. Speaking to reporters this week, Goyal said five rounds of talks have already taken place and that discussions are progressing at a “fantastic” pace. India Pushes for Preferential Access Goyal stated that […]

Business Trade

Switzerland Ratifies EFTA‑India Trade Pact, Set for September

By BPN News Desk July 12, 2025

Switzerland has formally completed approval of the Trade and Economic Partnership Agreement (TEPA) with India and the other European Free Trade Association (EFTA) members—Norway, Iceland, and Liechtenstein—bringing to a close nearly 16 years of negotiation. India’s Commerce Minister has announced the pact is set to enter into force in September 2025, ushering in new

Business Trade

India Plans Retaliatory Tariffs on U.S. Goods Amid Trade Row

By BPN News Desk July 5, 2025

India has escalated trade tensions with the United States by formally notifying the World Trade Organization (WTO) of its intent to impose retaliatory tariffs on select U.S. goods. The decision comes in response to Washington’s recent 25% safeguard duties on automobile and auto part imports. This marks a hardened stance by New Delhi just days […]

Business Trade

India’s Mango Exports to UAE Reach $20 Million in 2024

By BPN News Desk July 4, 2025

India’s mango exports to the United Arab Emirates touched a major milestone in 2024, reaching $20 million in value and a total export volume of 12,000 tonnes. This makes the UAE the largest importer of Indian mangoes, underlining the growing demand for premium Indian varieties in global markets. UAE Becomes Top Buyer of Indian Mangoes […]

Business Trade

India-US Mini Trade Deal to Skip Sensitive Sectors for Now

By BPN News Desk July 4, 2025

India and the United States are nearing a phased mini trade agreement, with the first round of concessions likely to sidestep politically contentious sectors such as agriculture, dairy, and genetically modified food imports. According to Confederation of Indian Industry (CII) President Rajiv Memani, the strategy is to focus on areas of early consensus while deferring […]

Business Trade

India May Allow GM Animal-Feed Imports in US Trade Deal

By BPN News Desk July 4, 2025

India is considering a significant trade policy shift by allowing the import of genetically modified (GM) animal-feed products from the United States as part of a broader mini trade agreement. With a July 9 deadline looming, the move is aimed at averting higher tariffs from Washington and concluding talks that have been in the works […]