By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
    • Home 1
  • Categories
  • Legal Talk
  • Bookmarks
  • More Foxiz
    • Sitemap
Follow US
Latest World News Update > Blog > Business > Trump’s additional 25% tariff move on India sparks backlash from industry – World News Network
Business

Trump’s additional 25% tariff move on India sparks backlash from industry – World News Network

worldnewsnetwork
Last updated: August 8, 2025 12:00 am
By worldnewsnetwork
Share
3 Min Read
SHARE

New Delhi [India] August 8 (ANI): US President Donald Trump’s decision to impose an additional 25 per cent tariff on Indian goods has drawn criticism and concern, even as Industry stakeholders expressed confidence in their long-term resilience.
The Trade Promotion Council of India’s founder chairman, Mohit Singla, was blunt in his reaction. “It seems like a strategy to single out India in the global market,” he told ANI. Calling the tariff hike as an “unjustified approach towards Indian exports,” Singla warned that India had both legal and strategic options at its disposal.
“There are other available markets that the Indian industry is free to look at,” he added, suggesting that exporters may shift focus beyond the US. Still, he struck a note of optimism: “Our industry will definitely find its way out… Our government will be able to navigate this tough time and negotiate a common ground with American counterparts soon,” he added.
The additional duties have created uncertainty for Indian exporters, but Deepak Shetty, CEO and managing director of JCB India remains cautiously optimistic. His company is closely monitoring the implications. “Presently, we are just watching the tariff conditions and their final applicability and their impact,” he noted in an ANI interview.
However, Shetty emphasized the strong reception Indian products have received abroad. “We have received a very positive response to the machines we have already exported… They are like ambassadors from India, providing a fantastic experience for customers.” For Shetty, this goodwill is key to future success: “As this matter settles, the market will be there for us.”
Industry bodies are also placing trust in the Indian government’s measured response. Prashant Girbane, director general of the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), echoed this sentiment. “I am very glad to see how the Indian government has responded to it,” he told ANI.
“The Indian government is very calm, composed and responding to it one step at a time.” Girbane remains hopeful that “sense would prevail in the US administration” and that “the tariffs would be a lot more reasonable and a lot more acceptable for both sides” once negotiations progress. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by
Share This Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Fast Four Quiz: Precision Medicine in Cancer

How much do you know about precision medicine in cancer? Test your knowledge with this quick quiz.
Get Started
CGI Envision 2025 maps the real-world ROI of AI – World News Network

Bengaluru (Karnataka) [India], August 8: CGI, (NYSE: GIB) (TSX: GIB.A), one of…

APSEZ breaks records: Handles 420 MMT cargo globally, sets new milestones in March 2024 – World News Network

The company announced that it achieved its highest ever monthly cargo volumes,…

Stock market opens on a bullish note: Nifty-Sensex surge – World News Network

Simultaneously, the BSE Sensex followed suit, leaping by 317.27 points or 0.43…

Your one-stop resource for medical news and education.

Your one-stop resource for medical news and education.
Sign Up for Free

You Might Also Like

Nifty, Sensex down under Tariffs pressure on Friday opening; media and metal shares shine others in red – World News Network

By worldnewsnetwork

Nifty, Sensex down under Tariffs pressure on Friday opening; media and metal shares shine others in red – World News Network

By worldnewsnetwork

Geological Survey of India hosts national conference to ramp up focus on critical minerals – World News Network

By worldnewsnetwork

India’s data breach average cost rises to record Rs 220 million in 2025: IBM Report – World News Network

By worldnewsnetwork
Latest World News Update
Facebook Twitter Pinterest Youtube Instagram

Copyright © 2024 World News Network. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?