Trump’s Tariff Escalation: Implications for Global Trade with India and China in 2025
In 2025, the global trade landscape has been dramatically reshaped by President Donald Trump’s aggressive tariff policies under his second term in the White House. The renewed and escalated tariffs on imports from India, China, and other countries mark one of the highest tariff rates seen in over a century, profoundly impacting bilateral trade relations […]
How Trump and Modi’s Renewed Partnership Could Unlock India-US Trade Potential
The evolving relationship between US President Donald Trump and India’s Prime Minister Narendra Modi signals a promising thaw in trade tensions, sparking optimism for stronger India-US economic ties. After months of uncertainty marked by steep tariffs and diplomatic challenges, recent exchanges reveal goodwill and a mutual commitment to overcoming trade barriers. Trump and Modi’s forthcoming […]
From 50% to 100%: Will Trump’s Tariffs Break India’s Export Backbone
Donald Trump’s aggressive tariff escalation—doubling US import duties on Indian products from 50% to a threatened 100%—poses the most severe threat yet to India’s export backbone, especially for small manufacturers, major exporters, and Amazon sellers who rely on the US market for growth and scale. The Tariff Impact: Can India’s Export Backbone Survive? Beginning August […]
2025 GST Cuts and Tariff Guide: Updated Rates & HS Codes for Leather, Handicrafts, Fashion and Home Decor (Export from India)
India has just implemented its most significant tax simplification since the original GST rollout in 2017, fundamentally reshaping how export goods are taxed and how Indian suppliers compete globally. Effective from September 22, 2025, the Goods and Services Tax (GST) structure has been consolidated to two principal slabs—5% and 18%—with most everyday manufactured goods, including […]
Trade,Tariffs and the New GST:Key Challenges and Opportunities for Indian Businesses
Introduction India’s business environment is undergoing a significant transformation in 2025, marked by the introduction of the new GST 2.0 regime and ongoing changes in international trade tariffs. These developments present a complex mix of challenges and opportunities for Indian businesses, especially in sectors reliant on both domestic consumption and global markets. This blog explores […]
GST Reform 2025: How India’s Two-Slab GST and Tariff Changes Impact Trade
A New Chapter in Indian Taxation India’s indirect tax landscape has undergone a monumental shift in 2025. On September 3, the GST Council announced a comprehensive overhaul dubbed GST 2.0, replacing the cascading labyrinth of four major GST rates with a much-simplified two-slab system: 5% and 18%. These new rates—effective from September 22, 2025—herald India’s most significant […]
How effective are India’s GST cuts and tax measures at offsetting tariff damage
India’s economy is navigating a challenging phase as steep tariffs imposed by the United States on Indian exports have disrupted trade flows and pressured exporters. In response, the Indian government has implemented targeted Goods and Services Tax (GST) cuts and tax reforms to mitigate the adverse effects of tariffs. But how effective are these fiscal […]
Tariff Shocks: Trump’s 2025 India Duties and the Global Trade Shift
World trade in 2025 is witnessing significant upheaval due to rising tariff tensions, punctuated by President Trump’s imposition of 50% duties on Indian imports and accelerating global import barriers. These moves are reshaping supply chains, trade relationships, and the economic outlook for countries worldwide. The Story Behind Trump’s 50% Tariffs The US administration, led by […]
Asia Sourcing Agents
In the global marketplace, Asia sourcing agents or agenices play an essential role as professional intermediaries helping businesses navigate the complexities of international procurement. Panoramic Sourcing, an India-based sourcing company, serves customers around the globe with expertise in handcrafted items, home furnishings, leather goods and fashion accessories. What Is an Asia Sourcing Agent? An Asia […]
USA Tariffs on Indian Imports: What Global Buyers Need to Know in 2025
Global trade continues to evolve, and one of the biggest challenges international buyers face today is navigating USA tariffs on Indian imports. Whether you’re sourcing handicrafts, leather goods, furniture, or home décor from India, understanding tariff policies is crucial to staying profitable in 2025. Why Are Tariffs Important? Tariffs are additional duties imposed by the […]