Saturday 9th of August 2025
|
|
|
Headlines : * 10 killed, 33 missing after flash foods in China   * Water level of Jamuna rises again in Sirajganj, triggering flood concerns   * Six Dead in Kenya Plane Crash   * Interim govt completes one year today   * India vows to defend national interests after Trump’s 50% tariff threat   * Swiss eye `more attractive` offer for Trump after tariff shock   * Bangladesh Freed After Fascist`s Escape: Tarique Rahman   * Trump Says to Raise Tariff on India Over Russia Oil Purchases   * Occupational safety crucial for boosting industrial production: Sakhawat   * July Proclamation to be unveiled on August 5  

  Latest News
Interim govt completes one year today
Thakurgaon Journalists Forum, Dhaka meets Mirza Fakhrul
10 killed, 33 missing after flash foods in China
Water level of Jamuna rises again in Sirajganj, triggering flood concerns
Six Dead in Kenya Plane Crash
22 Bangladeshis return home after serving jail in India
Committed to press freedom, safety, says Shafiqul
Trump says would meet Putin without Zelensky sit-down
`Never seen before` rains lash southern Japan
Lula, Modi agree in call to `defend multilateralism` in face of Trump tariffs: Brazil
France`s huge wildfire will burn for days: authorities
No law against Quran, Sunnah will be passed: Salahuddin
BCB mulling Bogra venue for NCL T20
               
UN adopts Pakistan-backed resolution condemning desecration of religious symbols, holy books
Ukraine to get positive message on membership: Nato Boss
Turkey backs Sweden`s Nato membership
Unity will be tested at Vilnius NATO summit
        '' - More News
                National
2024 Uprising opens door to political overhaul: Ali Riaz
Committed to press freedom, safety, says Shafiqul
EC to announce election schedule in December
Ensuring fair polls now top priority: Yunus
        'National' - More News
                Politics
We Must Resist Attempts to Dissect History and Erase 1947: BML
Jamaat executive council holds emergency meeting
No law against Quran, Sunnah will be passed: Salahuddin
Suspicion over NCP visit to Cox’s Bazar: Rizvi
        'Politics' - More News
   E-paper
News Archive
               Business ...
India vows to defend national interests after Trump’s 50% tariff threat

Indian Prime Minister Narendra Modi and US President Donald Trump hold a joint press conference in the White House in Washington, DC, on Feb. 13, 2025. Photo: AFP


India has vowed to take “all actions necessary” to protect its national interests after US President Donald Trump doubled US tariffs on India to 50 percent over Delhi’s purchase of Russian oil, reports Arab news.

Trump signed an executive order on Wednesday to place an additional 25 percent tariff on India on top of a 25 percent tariff that is set to come into effect on Thursday, making the South Asian country one of the most heavily taxed US trading partners in Asia.
Newspaper classifieds
The order finds India is “currently directly or indirectly importing Russian Federation oil,” and says it is “necessary and appropriate” to apply the new 25 percent tariff on Indian goods.

The US is India’s top export market, making up about 18 percent of exports and 2.2 percent of its GDP.

Foreign ministry spokesman Randhir Jaiswal said the US decision to impose additional tariffs was “extremely unfortunate,” as Delhi’s imports from Russia “are based on market factors” and done to ensure energy security for the 1.4 billion Indian population.

“We reiterate that these actions are unfair, unjustified and unreasonable. India will take all actions necessary to protect its national interests,” he said in a statement.

The 50 percent tariff could cut Indian GDP by 0.6 to 0.8 percent, according to Anupam Manur, an economist at the Takshashila Institution in Bangalore. The cut would risk India’s economic growth slipping below 6 percent this year.

As the combined tariffs will come into effect 21 days after the signing of the order, India still has time to negotiate with the Trump administration.

“There is speculation that the 25 percent additional tariffs might be a negotiating tactic by the Trump administration, which can be used as a leverage point against India in the upcoming round of trade talks,” Manur said.

“So, India will continue negotiating with the US, but the room for making concessions to the US is getting smaller due to the bad-faith nature of dealings.”

India will likely look at diversifying trade partners, as Washington becomes increasingly “unreliable trading partner with multiple ad-hoc tariff impositions.”

“The recently concluded FTAs (free trade agreements) with Australia and the UK have come at a good time. India will hope to sign a trading arrangement with Europe as well. India will also look to strengthen its trading relationship with the Middle East,” Manur said, highlighting how UAE and Saudi Arabia are India’s third and fifth largest trading partners, respectively.

As India exports about $81 billion goods annually to the US, the impact would be felt in India domestically in labor-intensive industries, such as gems and jewelry, apparel, textiles, auto parts, sea food and chemicals.

Lalit Thukral, president of the Noida Apparel Export Cluster, which employs about one million people, said the 50 percent tariff rate is “too much” for his industry.

“The 50 percent is out of reach now. We cannot do that. It means you have to close your factories, close your business … Buyers who are in the US are running away … They are placing orders to China, Vietnam or a third country. They will not come to India now,” he told Arab News.

“I have been in this field for the last 45 years and for the first time we have seen this kind of situation. This is a very horrible situation. Had we known that this trouble was coming we could have planned it, but we were not ready for this kind of thing to come.”

263 illegal high-rises built in airport ‘no-fly zone’: CAAB chairman
Expats send $32.80cr remittance in 5 days of August
Adviser hopes interest in preserving rawhide will grow next Eid
Trump Says to Raise Tariff on India Over Russia Oil Purchases
DSE, CSE indices fluctuate amid ongoing trading
Residents face frequent power outage as Kumargaon power plant shut for 3 weeks
Tariff cut by US strengthens Bangladesh`s global competitiveness : Bashir
Fuel prices to remain unchanged for August: Energy ministry
BB issues cyber-attack warning for banks, financial institutions
     'Business' - More News
                Bangladesh
Teesta Master Plan implementation to begin in 2026: Rizwana
Over 2 lakh marooned in Noakhali
Eid-ul- Azha 2025: Cumilla to have a surplus of 23,166 sacrificial animals
Bangladesh sends 40 Myanmar nationals back home
    'Bangladesh' - More News
                International
10 killed, 33 missing after flash foods in China
Six Dead in Kenya Plane Crash
Trump says would meet Putin without Zelensky sit-down
`Never seen before` rains lash southern Japan
Lula, Modi agree in call to `defend multilateralism` in face of Trump tariffs: Brazil
Interim govt completes one year today
    'International' - More News

                Wildlife
Scientists find crocodile `virgin birth` at Costa Rica zoo
Unrelenting CASOs make Kashmiris’ life miserable
Muslims mourn burning of historic library at madressah in India’s Bihar
Stress Seen As Major Cause of Indian Military Fratricides, Suicides
New authoritarian is unfolding in India
Modi’s Hindutva Agenda Revealed
   'Wildlife' - More News
                Sports
Bayern sign Liverpool winger Diaz for £65m
Liton dedicates series victory against Pakistan to victims of plane crash
   'Sports' - More News
                Entertainment
Case filed against Dipjol over acid attack allegation
Ranveer Singh joins Maddock Films’ horror-comedy universe
Eilish takes top prize at American Music Awards
Saif-Deepika starrer `Cocktail` to return to cinemas on May 30
   'Entertainment' - More News

                Law & Justice
SC grants `leave to appeal` in money laundering case against Yunus, others
Turkish aid agency furnishes religious school ````
Dhaka is the capital city of Bangladesh""` Assalamua`laikum
Turkish aid agency furnishes religious school ````
Assalamua`laikum ```iggddrvhsrvugdf
India Naval Officers Languish in Qatar Jail
   'Law & Justice' - More News
                More News
Zionism and Hindutva
Thunder rally from 29 down after Morant hurt to stun Grizzlies
   'More News' - More News
                Capital News
Protests against the attack on the Bangladesh Assistant High Commission in India’s Agartala
35 arrested in anti-drug drives in city
Azizul Islam Bhuiyan assumes editorship at The Daily People’s Life
Residents of Kazi Bari of Ward No. 40 of DNCC have been suffering for ten years
   'Capital News' - More News
                Politics
We Must Resist Attempts to Dissect History and Erase 1947: BML
No law against Quran, Sunnah will be passed: Salahuddin
Suspicion over NCP visit to Cox’s Bazar: Rizvi
Political parties must not halt meeting face-to-face: Tarique
Election must be based on `July Charter`: Jamaat


                Features
Ahona`s outstanding performance at Exploration Olympiad 2025
Bangladesh Participates in Tri Nation Meeting with China and Pakistan in Kunming
Success in vegetable cultivation in Chalanbeel, smiles on the faces of farmers
60% of adults to be overweight or obese by 2050: Study
Surprising Secret to Raising a Well-Behaved Kid
Avoid these 8 lifestyle habits that lead to early ageing
5 effective tips to stimulate hair regrowth
What is sleep divorce and can it save your relationship
6 amazing benefits of drinking bael juice every day in summer
   'Features' - More News
                Wildlife
                Asia
Sieged locals call for relocation amid violent military operation in Kulgam
Pakistan Army Warns of Deep Strikes inside India in Response to Aggression: DG ISPR
Kashmir: A land under siege, a people betrayed
Youm-i-Istehsal: India’s occupation of Kashmir ‘defining conflict’ in South Asia, Pakistan
Indian troops killed 19 family members in cold blood in Surankote
Kashmiri youth martyred in custody after brutal Indian police torture in IIOJK
   'Asia' - More News

                Business Icon
One of my greatest strengths is strategic leadership: Rashedur Rahman
Tesla nearly doubles deliveries compared to last year
Quantum buried 3,540 people with corona symptoms: Khandaker Sajib
Sum Tech IT institute turning unskilled people skilled & self-reliant
My main goal is to form an honest hard working, business nation: Md Anamul Haque
   'Business Icon' - More News
                Political Icon
   'Political Icon' - More News
                Diplomat
Bangladesh expresses condemnation over Israeli military attacks against Iran
World stands for Israel, though they see and know how it exterminates the Palestinians
Saudi Embassy in Dhaka arranged Iftar party for diplomats
PM Shehbaz Sharif felicitates PM Sheikh Hasina on the National Day of Bangladesh
   'Diplomat' - More News
                Technology
Microsoft: No evidence Israeli military used its technology to harm civilians
Skype shuts down on May 5
ISPs to raise Tk 500 broadband connection speed to 10 Mbps
Tuberculosis: An Ancient Killer We Can`t Seem to Defeat
Google sued in UK over allegations of shutting out rivals
   'Technology' - More News

                Bangladesh
Teesta Master Plan implementation to begin in 2026: Rizwana
Eid-ul- Azha 2025: Cumilla to have a surplus of 23,166 sacrificial animals
Bangladesh sends 40 Myanmar nationals back home
66 Indians pushed into Bangladesh thru Khagrachhari borders
Fisheries & livestock sectors deprived of benefits after separation from agri sector: Farida Akhter

                Media
Alal urges renaming Secretariat to `Ministry`
Declaration of 2nd Int’l Mother Tongue Journalist Conference submitted to United Nations
An array of native fruits featured at CRAB`s fruit festival
SAARC journalist forum Secretary General honoured for mother tongue journalism
Int’l Mother Tongue Journalist Confce declaration handed over to Bangladesh Ambassador in Nepal
   'Media' - More News
                Features
Modi`s anti-Muslim agenda now targets Bangladesh through conspiracies
Red wine not safer: Study links all alcohol to cancer risk
Avoid overeating these healthy foods for better health
Shoe Odor During Winter: Tips to Solve It
Small transitional habits that help you get better sleep
   'Features' - More News
                Education
Milestone reopens 12 days after jet crash
Online admission process for class XI begins
SSC re-evaluation results scheduled on August 10
Milestone student Mahtab dies after four-day battle for life
Thursday’s HSC exam postponed, too: Education adviser
   'Education' - More News
                Job
   'Job' - More News



Chief Advisor: Md. Tajul Islam,
Editor & Publisher Fatima Islam Tania and Printed from Bismillah Printing Press,
219, Fakirapul, Dhaka-1000.
Editorial Office: 219, Fakirapul (1st Floor), Dhaka-1000.
Phone: 02-41070996, Mobile: 01720090514, E-mail: [email protected]