Search For "high tariffs"
India's textile and apparel exports down by 3.75% in January, outlook impr
Updated : 3 weeks, 4 days ago IST
India's textile and apparel exports registered a decline in January compared with the same period last year, largely due to high tariffs imposed by the United States that remained in force till February 7.
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"Major boost for India-US ties as trade deal slashes tariffs," says Execut
Updated : 1 month, 1 week ago IST
He highlighted that the announcement by US President Donald Trump to reduce Indian tariffs to 18 per cent is a central component of this breakthrough. "It has brought a sense of relief to those who were concerned about the very high tariffs of 50 per cent that have been in place since Septem
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India-US trade deal to drive 25% export growth for gems and jewellery, say
Updated : 1 month, 1 week ago IST
Kirit Bhansali, Chairman of the Gems and Jewellery Export Promotion Council (GJEPC), stated that the agreement, set to be finalised in March, will provide much-needed relief to a sector that has struggled with high tariffs over the last year. He noted that the US remains the most critical ma
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"Delivered the biggest FTA ever": EU Trade commissioner says FTA with Indi
Updated : 1 month, 2 weeks ago IST
Through the official X post, he said, " After a year of tireless engagement and more than a decade in the making, we've delivered the biggest FTA ever. High tariffs down, opportunity unleashed. Proof that a win-win trade is real and that a genuine partnership, like with Minister @PiyushGoyal
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"More options you have, more you are protected from vagaries of any one co
Updated : 2 months ago IST
Tharoor's remarks came against the backdrop of statements by US President Trump, who said he shared a "very good relationship" with Prime Minister Modi but expressed displeasure over India paying high tariffs and purchasing oil from Russia. Trump claimed that tariffs totalling 50 per cent
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"PM Modi is not happy with me": Trump over high tariffs imposed on India f
Updated : 2 months, 1 week ago IST
US President Donald Trump on Tuesday (local time) reiterated his good relationship with Prime Minister Narendra Modi; however, he underscored PM Modi's unhappiness over the high tariffs imposed on India for purchasing Russian oil.
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India's gems and jewellery trade slumps in October amid global weakness, h
Updated : 3 months, 4 weeks ago IST
India's gems and jewellery trade witnessed a sharp contraction in October 2025, as exports and imports declined across major segments due to subdued global demand, high interest rates, supply chain disruptions, and the impact of steep US tariffs, as per the data released by the Gems and Jewe
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Korean steel industry hit by carbon permit costs, high tariffs
Updated : 4 months, 4 weeks ago IST
South Korea's steel industry, already under pressure from the United States' and European Union's steep import tariffs and influx of cheap Chinese imports, is now facing another major blow, the soaring cost of carbon emission permit costs says a report by Pulse, the English service of Maeil
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China firmly rejects US sanctions, vows to safeguard its legitimate rights
Updated : 5 months ago IST
China rejected new US sanctions, saying it will take necessary steps to protect its interests. Foreign Ministry spokesperson Lin Jian urged the US to correct its approach and resolve differences through dialogue, stressing that both sides should maintain ties based on equality, respect, a
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"Threats of high tariffs not the way to get along": China urges US to reso
Updated : 5 months ago IST
China has strongly condemned the United States' latest tariff threat, calling it a display of "willful intimidation and double standards," after Washington announced plans to impose a 100 per cent tariff on Chinese goods and export controls on all critical software from November 1.
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Changing trade dynamics positive for Indian Apparel exporters, but high ta
Updated : 5 months, 1 week ago IST
India's apparel export sector is poised to benefit from shifting global trade dynamics, according to a recent industry report by Antique research. With multinational retailers diversifying their sourcing destinations away from China, India has emerged as a key beneficiary due to its large-sc
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Despite high US tariffs, India's current account deficit to stay below 1%:
Updated : 7 months ago IST
Amid the high tariffs imposed by US President Donald Trump on Indian goods, India's current account deficit (CAD) is expected to remain under 1 per cent during the current financial year.
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