New Delhi [India], January 27 (ANI/Mediawire): Raising import duty on gold serves as an incentive for smugglers. Lowering the duty gradually could help grow the organised trade.
New York [US], May 21 (ANI/Xinhua): With only four major manufacturers of formula in the United States today-Mead Johnson, Abbott, Nestle, and Perrigo, some 40 percent of the nation's baby formula has been out of stock recently, causing new mothers to hunt from store to store to feed their i
Beijing [China], March 6 (ANI): Amid an economic slowdown, China's four-year 'trade war' with the US has resulted in a total loss of USD 550 billion in import tariffs, the majority of which are aimed at Beijing, a media report said on Saturday.
New Delhi [India], November 2 (ANI): India needs to focus on increasing productivity and reduce import tariff to accelerate progress towards Atmanirbhar Bharat, stated a report by State Bank of India (SBI)' s Economic Research Department on Monday.
New Delhi [India], May 3 (ANI): China has exempted import tariffs for 28 drugs, including all cancer drugs, from May 1, confirmed the Chinese envoy to India on Thursday.
Washington D.C. [USA], Apr 26 (ANI): French President Emmanuel Macron on Wednesday criticised his American counterpart Donald Trump's decision to impose global tariffs on aluminium and steel imports, adding that "France did not want a commercial war."
New Delhi [India], Mar 20 (ANI): Minister of Commerce and Industry, and Civil Aviation Suresh Prabhu on Tuesday said that India will bilaterally discuss the import tariffs on steel and aluminium with the United States.
Washington DC, [United States of America] Mar 2 (ANI): A day after announcing stiff tariffs on steel and aluminum, United States President Donald Trump said that he plans to impose "reciprocal taxes" on imports from all trading partners to reduce the US trade deficit.