Search For "import tariff"
"US President praises us, imposes tariffs as well": SP leader ST Hasan
Updated : 2 weeks, 6 days ago IST
The Court ruled 6-3 that the administration exceeded its authority by using the International Emergency Economic Powers Act (IEEPA) of 1977 to impose broad-based import tariffs, affirming that the power to levy taxes resides primarily with Congress.
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"Why did India rushed into a deal": Priyanka Chaturvedi on US SC's order o
Updated : 3 weeks ago IST
In a post on X, she noted that while the trade now attracts a 10% tariff following the court intervention, US imports to India continue at 0%. She also praised Brazil for maintaining its trade sovereignty despite being among the highest-tariffed nations. Chaturvedi described the US court'
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"Lawlessness from courts": US Vice President Vance on SC decision to strik
Updated : 3 weeks ago IST
US Vice President JD Vance criticised the Supreme Court's 6-3 ruling that the Trump administration exceeded its legal authority by using the International Emergency Economic Powers Act (IEEPA) of 1977 to impose broad-based import tariffs.
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Trump reiterates claim of "settling" India-Pakistan conflict with tariffs
Updated : 3 weeks ago IST
US President Donald Trump reiterated his claim of mediating a "ceasefire" between India and Pakistan in 2024 with his threats of "200 per cent tariffs" as he argued against the US Supreme Court ruling to invalidate his reciprocal tariffs.
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"US may be required to refund billions of dollars...": Justice Kavanaugh i
Updated : 3 weeks ago IST
US Supreme Court Justice Brett Kavanaugh, in a dissenting opinion as the apex court struck down most of US President Donald Trump's tariff measures, said that the immediate consequences of the ruling could be substantial, including potential multi-billion-dollar refunds.
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"Customers were waiting, and so were we...": US tariff cut brings joy to h
Updated : 1 month ago IST
A sharp reduction in US import tariffs has sparked relief and renewed optimism among handicraft traders in Sambhal, Uttar Pradesh, reviving hopes of stalled exports and global demand for the town's distinctive artisanal products.
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EU pulls tariff preferences on 87 per cent of Indian exports ahead of FTA
Updated : 1 month, 3 weeks ago IST
From January 1, 2026, India faces a major setback in the EU market, as 87 per cent of its exports begin paying higher import tariffs following the EU's suspension of Generalised Scheme of Preferences (GSP) benefits. These GSP concessions previously allowed Indian products to ship at less
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GTRI calls for overhaul of tariff structure, customs to boost India's trad
Updated : 1 month, 3 weeks ago IST
India needs a sweeping overhaul of its import tariff structure and customs administration to cut trade costs, strengthen manufacturing competitiveness and revive export growth, suggest trade-focused think-tank Global Trade Research Initiative (GTRI).
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India's safeguard duties lift steel import parity, domestic demand key for
Updated : 2 months, 1 week ago IST
India's extension of safeguard duties on select steel products will set a pricing floor for imports, but its effectiveness in supporting higher prices ultimately hinges on a recovery in domestic demand, according to a report by S&P Global Ratings.
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Tariff threat over Russian oil puts India at crossroads: GTRI
Updated : 2 months, 1 week ago IST
On January 4, US President Donald Trump warned that Washington could raise tariffs on Indian imports if New Delhi does not stop purchasing Russian crude. The warning comes even as Indian exports to the US are already subject to a 50 per cent import tariff, half of which is directly linked to
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"There is consensus among some MERCOSUR members, India to expand PTA": Arg
Updated : 2 months, 3 weeks ago IST
Argentina's Ambassador to India, Mariano Caucino, on Thursday revealed a growing consensus among some MERCOSUR members and India to expand the existing Preferential Trade Agreement (PTA) signed in 2004, acknowledging that the current pact is limited to a narrow range of products.
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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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