https://www.taxtmi.com/news?id=51842 A unilateral tariff increase on Indian exports is criticised as lacking logic and halting near-finalised negotiations; commerce-led talks continue to seek mutually beneficial solutions. The tariffs threaten sectors such as textiles, marine and leather, prompting Indian efforts toward market diversification and assurances that domestic industry will not be derailed. Parallel discussions include exploring bilateral and BRICS-level alternatives to dominant external currency use for trade and deepening cooperation with partners on energy and technology initiatives. en-us Thu, 07 Aug 2025 17:46:03 +0530 Thu, 07 Aug 2025 17:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51842 A unilateral tariff increase on Indian exports is criticised as lacking logic and halting near-finalised negotiations; commerce-led talks continue to seek mutually beneficial solutions. The tariffs threaten sectors such as textiles, marine and leather, prompting Indian efforts toward market diversification and assurances that domestic industry will not be derailed. Parallel discussions include exploring bilateral and BRICS-level alternatives to dominant external currency use for trade and deepening cooperation with partners on energy and technology initiatives. News - Thu, 07 Aug 2025 17:46:03 +0530 https://www.taxtmi.com/news?id=51842