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Trump's latest grumble: Keep calm and carry on

Mint New Delhi

|

August 27, 2025

His new tariff threat aimed at countries seen to defy US Big Tech interests must not disturb India's digital legislative agenda. It's our call. The same goes for a revival of the 'Google tax'

The Donald Trump administration has notified its extra 25% tariff on merchandise imports from India, set to take effect from 27 August. True to form, the US President also warned of fresh barriers against countries whose taxes, legislation and regulations are seen to target US Big Tech companies.

With a wide range of Indian goods facing a 50% levy now, it scarcely matters if this hurdle gets pushed further up. It's bad enough that Trump's 'reciprocal' levy of 25% on our shipments was higher than the 15-20% he levied on those of rival exporters. This gap could plausibly have been offset by efficiency gains in production and logistics, plus speedier customs clearances. But the additional punitive layer of 25%, meant to punish India for buying Russian oil, puts the US market out of reach for Indian producers in several categories.

Unfortunately, this might not be the end of it. How we should respond has stirred a lively debate around our national interest as a rallying point.

FLERE HISTORIER FRA Mint New Delhi

Mint New Delhi

Work to link UPI, Europe's fast payment system starts

After discussions with the European Central Bank on linking UPI with Europe's TIPS instant payment system, the Reserve Bank of India (RBI) has started the implementation phase of the UPI-TIPS integration in partnership with NPCI International Payments Ltd.

time to read

1 min

November 22, 2025

Mint New Delhi

Why selling out has become normalised

The indie scene was once built on a siege mentality. But when film music has overtaken everything, does holding out for principles hold any meaning?

time to read

6 mins

November 22, 2025

Mint New Delhi

Mint New Delhi

Gratuity and benefits to soar for millions of employees

The government on Friday implemented four new labour codes, marking the biggest overhaul of workers’ laws in decades.

time to read

2 mins

November 22, 2025

Mint New Delhi

Mint New Delhi

Finding inspiration in the chessboard

In his latest exhibition in Mumbai, artist Arvind Sundar explores the synergy between chess, art and mathematics

time to read

3 mins

November 22, 2025

Mint New Delhi

Space startup Agnikul raises ₹150 crore

Aerospace startup Agnikul has raised ₹150 crore in a Series C round, two people familiar with the matter told Mint, after its earlier plan to raise up to $50 million failed to draw sufficient investor interest.

time to read

1 mins

November 22, 2025

Mint New Delhi

Mint New Delhi

For Sid Sriram, the stage is home

From the movie 'Kadal' to Coachella, the singer celebrates his Carnatic roots as he embarks on a multi-city concert tour

time to read

2 mins

November 22, 2025

Mint New Delhi

Put kids in the audience, not just on stage

Theatre isn't about the spotlight; it is also about understanding, appreciating and enjoying art

time to read

4 mins

November 22, 2025

Mint New Delhi

Govt tells SC it will ensure ISL is held

Offering a glimmer of hope for football fans, the Centre told the Supreme Court on Friday that it will take steps to conduct the Indian Super League (ISL) 2025-26 season, as the over ₹450 crore tournament failed to attract a single bidder amid administrative and fiscal uncertainty within the All India Football Federation (AIFF).

time to read

1 min

November 22, 2025

Mint New Delhi

Mint New Delhi

Daniel Ervér STYLE CHECK

The H&M group CEO on completing 10 years in the Indian market, using digital twins in fashion, and the big challenge of sustainability

time to read

6 mins

November 22, 2025

Mint New Delhi

The sweet legacy of Murshidabad

Get a taste of a unique culinary heritage shaped by migration and royalty in this Bengal town

time to read

2 mins

November 22, 2025

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