South Korea narrowly avoided steep U.S. tariffs on Thursday after sealing a high-stakes trade deal with Washington, capping new import duties at 15 per cent, instead of the 25 per cent originally set to take effect from Friday.
The reduction in import duties on automobiles under the newly signed India-UK Free Trade Agreement (FTA) will ultimately benefit Indian auto component manufacturers, said Sunil Bharti Mittal, Chairman of Bharti Enterprises, adding that the UK component makers will shift manufacturing to I
The reduction in import duties on automobiles under the newly signed India-UK Free Trade Agreement (FTA) will ultimately benefit Indian auto and auto component manufacturers, said Sunil Bharti Mittal, Chairman of Bharti Enterprises, adding that the UK component makers will shift manufacturin
Pawar wrote to Union Agriculture Minister Shivraj Singh Chouhan and Union Commerce Minister Piyush Goyal, highlighting the growing problem of poor-quality raisins being smuggled into India and evading import duties and taxes.
A source familiar with the situation said that the 14 countries on the list were there because the United States felt trade negotiations with them had not made progress, were not successful, or were not worth continuing.
Harish Chauhan, convener of the Himachal Pradesh Sanyukt Kisan Manch, in a conversation with ANI, issued a sharp warning and said that it will be a death warrant for apple growers.
In response to CM Naidu's requests, Union Minister Piyush Goyal assured that the Centre would take positive steps to support farmers engaged in tobacco, palm oil, and mango cultivation.
The recent above normal rainfall and a significant cut in import duties on edible oils are expected to support easing food inflation in the coming months, according to a report by Union Bank of India.
The Trump administration has threatened to escalate its tariffs dispute to the Supreme Court after a court ruling overturned many of the president's new import duties, demanding the decision be suspended.
A US federal court on Wednesday (local time) ruled against US President Donald Trump's large-scale imposition of sweeping tariffs, deeming that this move exceeds his legal authority and that it would affect a wide range of imported goods, as reported by CNN.
They called on the central government to impose a complete ban or at least raise import duties above 100% on apples from about 44 foreign countries, particularly Turkey.
Farmer organisations across Himachal Pradesh have called on Prime Minister Narendra Modi to impose a complete ban on the import of apples from Turkey and enforce strict import duties and quality standards on apples coming from other countries.