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India will continue paying 10% tariffs despite the US Supreme Court’s ruling invalidating Trump’s prior emergency-based tariffs, as he shifts to Section 122 of the Trade Act. Trump emphasized no changes to the India-US trade deal, with White House confirming the levy until further authority is invoked.
Popular analyst Anand Srinivasan says gold is holding strong around 14440 with a solid base building daily, but the real trigger is US Fed’s expected two more rate cuts in 2026 – if they happen, gold will surge big time. Meanwhile, Trump’s recent rollback on metal tariffs and weakening dollar at 1970 levels are positive signals, advising patience until Supreme Court decisions on tariffs play out.
India and the United States have sealed a landmark trade deal that promises lower tariffs, cheaper imports, and improved export access. As India moves to slash duties on US goods, products like food items, electronics, and consumer appliances could become more affordable. Meanwhile, Indian exporters in textiles, gems, and engineering stand to gain from reduced US tariffs, though metals and auto pa
President Trump announced a US-India trade deal reducing reciprocal tariffs on Indian exports from 25% to 18%, easing prior pressures from higher duties linked to India’s Russian oil purchases. This benefits Tamil Nadu’s export-heavy economy, particularly in textiles, apparel, and leather, which faced severe disruptions like factory closures and job losses from earlier tariffs.
The recently signed India-EU Free Trade Agreement slashes EU tariffs on 99.5% of Indian goods like textiles, leather, pharmaceuticals, and gems over seven years, boosting competitiveness against rivals and countering US 50% tariffs that have hit exports hard. This diversification opens the EU’s $136 billion market—nearly matching US trade volumes—for labor-intensive sectors,reducing reliance on US
US President Donald Trump announced he will not impose tariffs scheduled for February 1 following a productive meeting with NATO Secretary General Mark Rutte on Greenland and Arctic cooperation. Trump stated on Truth Social that the talks established a framework for a future deal beneficial to the US and NATO nations, shelving the tariffs amid rising strategic interest in the mineral-rich Arctic r
