In a move termed as trade tsunami, set to upend international trade dynamics, President Donald Trump has declared an aggressive plan to impose reciprocal tariffs on India and other nations he accuses of exploiting the United States with exorbitant duties.

India and the UK relaunched their talks on a long-awaited trade deal on Monday under the shadow of tariff threats from U.S. President Donald Trump. Commerce minister Piyush Goyal and UK business secretary Jonathan Reynolds are meeting in Delhi for discussions.

Trade specialists have expressed that discussions with Western trade allies may gain new energy due to the instability introduced into the global trade system by the US. In addition to close trade associates like Canada and Mexico, Trump has also issued tariff threats towards the EU.

Indian Prime Minister Narendra Modi will come bearing gifts when he meets Donald Trump on Thursday, hoping concessions on tariffs, fresh business deals and the prospect of cooperation on China

India slashed tariffs on bourbon whisky to 100 per cent from 150 per cent after Trump's criticized "unfair" levies in the South Asian market.

Apple could face significant hurdles if the Trump administration imposes reciprocal tariffs on electronics and smartphone imports from India, potentially disrupting its manufacturing investments in the country.

India and the UK have decided to resume talks on a proposed trade agreement, Indian Trade Minister Piyush Goyal said on Monday, adding that the countries will look to speed up negotiations. Goyal was speaking at a joint press conference with UK Business and Trade Secretary Jonathan Reynolds,

Britain's Business and Trade Secretary Jonathan Reynolds and India's Commerce Minister Piyush Goyal will meet in New Delhi on Monday to restart talks on a UK-India trade deal, the British government said on Sunday.

Britain and India will relaunch talks on a long-awaited trade deal, kick-starting negotiations that timed out due to elections in both countries last year. UK business secretary Jonathan Reynolds will meet Indian commerce minister Piyush Goyal in New Delhi on Monday for two days of discussions.

The UK and India are set to relaunch negotiations to clinch a multi-billion-pound Free Trade Agreement. UK Business and Trade Secretary Jonathan Reynolds is in New Delhi to meet his Indian counterpart,

Free trade talks between the UK and India will be relaunched as the Business Secretary visits New Delhi on Monday after negotiations stalled last year. Jonathan Reynolds will meet commerce minister Piyush Goyal for two days of negotiations aimed at clinching a long-sought deal which the Government hopes could unlock valuable markets for British business.