Search For "imports"
Steel safeguard threshold far above market rates can trigger price distort
Updated : 11 months, 1 week ago IST
The 12 per cent safeguard duty imposed by India on certain categories of steel product imports is expected to halt most imports, effectively forcing buyers to shift to domestic suppliers, says a study by Global Trade Research Initiative (GTRI).
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Naveen Jindal Welcomes 12% Safeguard Duty on Steel Imports as a Milestone
Updated : 11 months, 1 week ago IST
New Delhi [India], April 22: In a decisive move to shield its domestic steel industry from a surge of low-priced imports, the Indian government has imposed a 12% safeguard duty on certain flat steel products for 200 days, effective April 21, 2025. This temporary measure aims to curb the infl
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Minister HD Kumaraswamy welcomes decision of 12 pc safeguard duty on impor
Updated : 11 months, 1 week ago IST
Union Minister of Heavy Industries and Steel H D Kumaraswamy welcomed the decision of the finance ministry to impose 12 per cent safeguard duty on steel products imports.
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"Critical relief for domestic producers": HD Kumaraswamy welcomes 12% safe
Updated : 11 months, 1 week ago IST
Union Minister of Steel and Heavy Industries HD Kumaraswamy on Monday welcomed the Central government's decision to impose a 12 per cent safeguard duty on the import of certain non-alloy and alloy steel flat products, saying it will provide critical relief to domestic producers.
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"Ask US side for specific tax rate figures": China reacts to 245% tariff l
Updated : 11 months, 2 weeks ago IST
While addressing a press briefing on Wednesday, Lin said that China has repeatedly stated its solemn position on the tariff issue.
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India's trade deficit widens in March 2025 to USD 3.63 billion as against
Updated : 11 months, 2 weeks ago IST
India's India's overall export ( Merchandise & Services) showed steady growth in March 2025, with both exports and imports registering year-on-year increases, according to the government data released on Tuesday.
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EU's exports of medicinal, pharma products up by 13.5 per cent in 2024
Updated : 11 months, 2 weeks ago IST
In 2024, EU exports of medicinal and pharmaceutical products increased by 13.5 per cent compared with 2023, reaching Euro 313.4 billion. At the same time, imports only recorded a modest increase of 0.5 per cent, amounting to Euro 119.7 billion, according to figures published by Eurostat, the
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Edible oil industry body flags trade distortions from surge in imports fro
Updated : 11 months, 2 weeks ago IST
India is the world's second-largest consumer and number one vegetable oil importer, and it meets 60 per cent of its needs through imports. A large part of this is palm oil and soy oil and their derivatives.
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US President Trump exempts phones, computers and other electronics from re
Updated : 11 months, 2 weeks ago IST
Guidance posted by Customs and Border Protection, which collects duties on imports, indicated roughly 20 products that would be exempted from reciprocal tariffs. The electronic items include smartphones, computers, semiconductor chips and routers.
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China to "moderately reduce" US film imports as trade war escalates
Updated : 11 months, 3 weeks ago IST
A spokesperson for the China Film Administration stated that the adjustment follows market principles and reflects audience preferences, as the United States' recent hikes in tariffs on Chinese imports are bound to impact Chinese audiences' interest in US movies
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China retaliates, increases tariff on US goods to 84 per cent
Updated : 11 months, 3 weeks ago IST
In a retaliatory move, China on Wednesday announced it will increase its tariff on US goods from 34 per cent to 84 per cent starting April 10
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Amid Trump Tariffs, US Trade Representative highlights need to secure mark
Updated : 11 months, 3 weeks ago IST
The United States Trade Representative has spotlighted 10 trade practices faced by American exporters they deemed "unfair", including India's ban on US ethanol imports.
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