In a statement issued after the announcement, Greer said the agreement would significantly benefit US workers, farmers and producers by lowering tariffs across all US industrial goods and a broad range of agricultural products.
Under the order, beginning on its effective date, the United States may impose an additional ad valorem duty-for example, up to 25 per cent- on goods imported into the US from any country that directly or indirectly purchases, imports, or otherwise acquires goods or services from Iran.
Announcing the elimination of the additional tariffs imposed on India for purchase of Russian Oil the White House confirmed that India had agreed to stop importing Russian Oil
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
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
The Indian Rupee is likely to find support in the near to medium term from improving trade prospects with the US after the reduction in tariffs and a possible shift of portfolio flows towards India, according to Trinh Nguyen, Senior Economist for Emerging Markets at Natixis based in Hong
Speaking to ANI in Guwahati on Wednesday during the launch of the 'whoishbs' website, in the presence of former Chhattisgarh CM Bhupesh Baghel, AICC General Secretary Jitendra Singh, and senior AICC leader Bandhu Tirkey
Nguyen attributed the change partly to expectations that the India-US trade deal will boost India's export income, providing a stronger underlying flow of foreign exchange.
Mumbai (Maharashtra) [India], February 4: Hon'ble Prime Minister Shri Narendra Modi and European Commission President H.E. Ms. Ursula von der Leyen, jointly announced the conclusion of the India -European Union Free Trade Agreement (India - EU FTA) at the 16th India-EU Summit, held on Januar
Samajwadi Party chief Akhilesh Yadav on Wednesday slammed the Centre over the United States' claim that India may reduce tariffs to zero on certain American goods and purchase USD 500 billion of US energy, technology, agricultural, and coal products.
Congress MP Jairam Ramesh on Wednesday demanded clarity on the details of the India-US trade deal, stating that a joint statement has not yet been issued.
DMK MP Tiruchi Siva on Wednesday gave a Suspension of Business notice in the Rajya Sabha under Rule 267, seeking a discussion on the India-United States trade deal.