An update is provided on tariffs imposed by the US President, with an additional 10% duty on India effective from August 1, 2025. This follows a US Executive Order on Reciprocal Tariffs from April 2, 2025. India and the US began negotiations in March 2025 for a bilateral trade agreement, with four rounds of meetings held in New Delhi and Washington DC. The government is examining the impact and consulting with stakeholders, stating, "We will take all necessary steps to secure and advance our national interests." The address noted India’s economic shift from the ‘Fragile 5’ to a top-five global economy, its contribution to global growth, and its goal of ‘Viksit Bharat 2047’. The session in parliament was adjourned amid disruptions until August 1, 2025. #ustariffs #indiaustrade #tradetalks #itwebvideos #indianeconomy #makeinindia #viksitbharat2047 #economicgrowth #parliament #nationalinterest #tradeagreement #geopolitics #worldeconomy #msme #farmers #exports #foreignpolicy #bta
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