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India in the dark about details of Trump's tariff plans

Mint Mumbai

|

March 29, 2025

A BTA with the US is easier than with other countries due to the complementarity in trade between the two sides

- Puja Mehra & Dhirendra Kumar

India in the dark about details of Trump's tariff plans

With just four days to go before they kick in, it is still unclear if India is among the select group of countries that may be spared US President Donald Trump's reciprocal tariffs.

"Although President Trump has stated that limited exceptions for select countries could be worked out under the reciprocal tariffs set to take effect from 2 April, it is not yet known whether these exceptions will be extended to India," director general of foreign trade (DGFT) Santosh Sarangi told Mint.

The statement draws significance as a US delegation led by Assistant US Trade Representative Brendan Lynch is in New Delhi for talks on a bilateral trade agreement (BTA) that started on Wednesday.

Mint Mumbai からのその他のストーリー

Mint Mumbai

Silver near ₹3.2 lakh, gold breaks record

Silver prices extended its record-setting surge on Tuesday, approaching the ₹3.2 lakh per kilogram, while gold futures soared to a lifetime high of ₹1.48 lakh per 10 grams, as investors flocked to safe-haven assets amid deepening global geopolitical uncertainties.

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January 21, 2026

Mint Mumbai

Mint Mumbai

European countries contend with a big new threat: The U.S.

As Trump threatens NATO allies, the continent tries to head off a costly divorce

time to read

6 mins

January 21, 2026

Mint Mumbai

Mint Mumbai

Tata Motors to stick to its profitable growth strategy

The firm’s commercial vehicle arm is prioritising profitability over pure market-share gains

time to read

3 mins

January 21, 2026

Mint Mumbai

Everstone Cap steers Wingify-AB Tasty tie-up post buyout

Everstone Capital is in the process of merging its portfolio company Wingify with French content optimisation company AB Tasty.

time to read

1 min

January 21, 2026

Mint Mumbai

Mint Mumbai

Land sale tax rule: Section 54F, 54EC and reinvestment choices

If my father sells a plot of land bought in 2005, will LTCG apply if he reinvests in a shop or gifts me the proceeds to buy a house?

time to read

2 mins

January 21, 2026

Mint Mumbai

Mint Mumbai

Rate cuts pressure PNB, push shift to low-cost deposits

Punjab National Bank (PNB) is preparing the ground for further deposit rate cuts as pressure on margins intensifies, betting that cheaper deposits are the best way to protect profitability as earlier policy rate cuts have already pushed lending yields lower.

time to read

1 mins

January 21, 2026

Mint Mumbai

Mint Mumbai

Musk again airs plan to buy Ryanair amid tiff with airline CEO

The online brawl between Elon Musk and Ryanair Holdings Plc dragged into a second week, with the world’s richest man again floating the idea of buying the airline after clashing with its chief executive officer.

time to read

2 mins

January 21, 2026

Mint Mumbai

Coal, cement, steel lift core sector growth to 3.7% in Dec

The expansion of the core infrastructure sector in December is the fastest in four months

time to read

2 mins

January 21, 2026

Mint Mumbai

Mint Mumbai

Full compliance with pilot norms from 10 Feb: IndiGo

Assurance comes after the regulator imposed a ₹22.3-crore fine on the airline

time to read

1 mins

January 21, 2026

Mint Mumbai

Are IPO listings still worth the risk for small investors?

A sharp fall in listing-day gains may limit the quick returns in a crowded 2026 IPO calendar

time to read

4 mins

January 21, 2026

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