India may withdraw import duty hike decision on US products if tariff issues resolved
6 years, 9 months ago

India may withdraw import duty hike decision on US products if tariff issues resolved

Firstpost  

India on Thursday indicated that it may withdraw the notification imposing additional duties on 29 US products, to be effective from 4 August, if both the sides are able to sort out the differences over tariffs New Delhi: India on Thursday indicated that it may withdraw the notification imposing additional duties on 29 US products, to be effective from 4 August, if both the sides are able to sort out the differences over tariffs, official sources said. India has announced to increase customs duty on 29 products, including pulses and iron and steel products, imported from the US as a retaliatory action against the tariff hike by Washington. India is pressing for exemption from high duty imposed by the US on certain steel and aluminium products, resumption of export benefits to certain domestic products under their Generalised System of Preferences, greater market access for its products from sectors, including agriculture, automobile, auto components and engineering. As many as 3,500 Indian products from sectors such as chemicals and engineering get duty free access to the US market under the GSP, introduced in 1976.

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How Donald Trump's 26% Tariff Will Affect Indian Exports
6 hours, 37 minutes ago

How Donald Trump's 26% Tariff Will Affect Indian Exports

ABP News  

As US President Donald Trump announced the reciprocal tariff, India was slapped with a flat 26% on imports entering the United States. The White House highlighted disparities in tariff rates, stating that the US imposes a 2.5% tariff on passenger vehicle imports, whereas India levies a 70% duty. Indian Reciprocal Tariff While speaking about India, US President Donald Trump said, …

'Not a setback': India calls Trump's new tariffs 'a mixed bag'
8 hours, 11 minutes ago

'Not a setback': India calls Trump's new tariffs 'a mixed bag'

Firstpost  

A senior Indian official confirmed that the Ministry of Commerce is currently assessing the impact of the proposed tariff, with the implications under close review US President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, DC, US, on February 13, 2025. Reuters India is weighing …

India Less Affected By Trump’s Tariffs Compared To Global Peers, Say Industry Leaders
9 hours, 12 minutes ago

India Less Affected By Trump’s Tariffs Compared To Global Peers, Say Industry Leaders

ABP News  

As US President Donald Trump announced reciprocal tariffs on dozens of countries, including India, industry experts said on Thursday that it appears India's export competitiveness to the US market stands far less impacted on a relative basis compared to global peers. “While we wait and watch for global reaction, for India, the way forward could be a quick preferential trade …

US Reciprocal Tariffs Spare Pharma, Semiconductors, Energy Sectors; Details Inside
9 hours, 19 minutes ago

US Reciprocal Tariffs Spare Pharma, Semiconductors, Energy Sectors; Details Inside

ABP News  

Key strategic and essential items, including pharmaceuticals, semiconductors, copper, and energy resources like oil, gas, coal, and LNG, are not subject to the 26 per cent import duty imposed by the US, as per the Global Trade Research Initiative. According to the Global Trade Research Initiative, the US's decision to impose higher reciprocal tariffs on several Asian nations, including China, …

Breaking News: Will Trump’s 26% Tariff on India Lead to a Market Crash or Stabilization? | ABP NEWS
10 hours, 13 minutes ago

Breaking News: Will Trump’s 26% Tariff on India Lead to a Market Crash or Stabilization? | ABP NEWS

ABP News  

In a significant move that has sent shockwaves across the global economy, U.S. President Donald Trump has announced a 26% reciprocal tariff on India, along with several other countries. This decision comes as part of Trump’s continued efforts to strengthen the U.S. economy, leveraging tariffs as a tool to balance trade deficits. However, experts suggest the overall impact on India’s …

Trump's tariffs: What they mean for India, China, and the new Asian supply chain
15 hours, 21 minutes ago

Trump's tariffs: What they mean for India, China, and the new Asian supply chain

New Indian Express  

This marks a substantial escalation in trade tensions between the two largest economies in the world, severely disrupting the flow of goods between them. For instance, Vietnam, which has become a popular alternative for American manufacturers seeking to avoid tariffs on Chinese goods, will now face a 46 per cent tariff. India, in contrast, faces a 26 per cent tariff …

Mixed bag, not setback: Government official on Trump's tariffs on India
15 hours, 21 minutes ago

Mixed bag, not setback: Government official on Trump's tariffs on India

India Today  

India is assessing the impact of the 27% reciprocal tariffs imposed by the US, but a senior government official said on Thursday that the move is a "mixed bag" and not a setback. The official said that while the tariff increase is being analysed, there is a possibility of the US reducing duties if India addresses certain trade concerns. "It …

PM's office calls high-level meet to assess Trump's tariff: Government sources
15 hours, 21 minutes ago

PM's office calls high-level meet to assess Trump's tariff: Government sources

India Today  

The Prime Minister’s Office called for a high-level meeting on Thursday to assess Trump's tariff order. The development comes hours after US President Donald Trump imposed a 27 percent reciprocal tariff on imports from India. Union Minister of State for Finance, Pankaj Chaudhary, also reacted to Trump’s 27 per cent tariffs on India and said that India is assessing the …

Barriers to business: What American and Indian businesses want Trump and Modi to do
1 day, 1 hour ago

Barriers to business: What American and Indian businesses want Trump and Modi to do

Firstpost  

As trade tensions between India and the US escalate with President Trump’s latest tariff announcement, longstanding concerns over market access, regulatory barriers and digital trade policies continue to test the resilience of one of the world’s most dynamic economic partnerships Trade relations between India and the United States have long been defined by a complex interplay of tariffs, non-tariff barriers, …

US Tariffs Could Disrupt Global Trade, Increase India’s Steel Import Vulnerability: SAIL Chairman
1 day, 3 hours ago

US Tariffs Could Disrupt Global Trade, Increase India’s Steel Import Vulnerability: SAIL Chairman

ABP News  

The introduction of higher tariffs by the US could disrupt global trade flows, potentially making India more susceptible to increased steel imports, said SAIL Chairman Amarendu Prakash on Wednesday. The Trump administration has proposed a 25 per cent tariff on all steel and aluminum imports into the US and announced reciprocal tariffs on all its trading partners, including India, effective …

China ready to buy more Indian products, says Beijing’s envoy ahead of Trump tariffs
2 days, 1 hour ago

China ready to buy more Indian products, says Beijing’s envoy ahead of Trump tariffs

Firstpost  

China’s Ambassador to India, Xu Feihong’s announcement came as Chinese President Xi Jinping called for greater partnership with India, saying their relationship should take the form of a “Dragon-Elephant tango” As the world anticipates Trump’s reciprocal tariffs, China on Tuesday said that it is willing to buy more products from India to balance trade. China’s Ambassador to India, Xu Feihong, …

Trump Tariffs LIVE: US flags India’s rising import duty barriers ahead of ‘Liberation Day’ deadline
Top News
2 days, 3 hours ago

Trump Tariffs LIVE: US flags India’s rising import duty barriers ahead of ‘Liberation Day’ deadline

Live Mint  

Donald Trump Tariffs LIVE: The United States President, Donald Trump, is set to unveil a new set of tariffs for nations worldwide on Wednesday, April 2. Earlier, President Donald Trump called India a “tariff king” and “tariff abuser” as the South Asian nation tries to negotiate a lower rate and win over the newly elected Trump administration. “I haven’t heard …

New US report flags ‘Make in India’, other Indian policies as trade barriers
Trending News
2 days, 5 hours ago

New US report flags ‘Make in India’, other Indian policies as trade barriers

Live Mint  

New Delhi: The US has once again raised objections to India’s trade policies, including key initiatives meant to support local manufacturing, casting a shadow on ongoing negotiations between the two nations for a bilateral trade agreement. The 2025 National Trade Estimate report, published by the US Trade Representative, has flagged several trade barriers, including high tariffs, digital restrictions, and other …

Why India's apparel sector may be hit hardest by Trump's reciprocal tariffs
2 days, 15 hours ago

Why India's apparel sector may be hit hardest by Trump's reciprocal tariffs

India Today  

The potential impact of Donald Trump’s new reciprocal tariffs — set to be unveiled on April 2 — on India’s auto and pharma sectors has been thoroughly discussed. Of around USD 36 billion worth of textile exports from India in 2023-24, the US accounts for nearly 28 per cent or USD 10 billion. From 21 per cent of overall textile …

Ahead of 2 April reciprocal tariff deadline, USTR report red-flags MSP, Make-in-India, high import duties
2 days, 15 hours ago

Ahead of 2 April reciprocal tariff deadline, USTR report red-flags MSP, Make-in-India, high import duties

New Indian Express  

Ahead of the 2 April deadline for implementing reciprocal tariff, the Office of the United States Trade Representative has raised concerns over India’s trade and investment policies in its 2025 National Trade Estimate Report on Foreign Trade Barriers. The report, which was released on 31 March 2025, cites high tariffs, restrictive digital trade rules, weak intellectual property enforcement, and unfair …

Agri, gems, pharma exports to be worst-hit by US tariffs
2 days, 15 hours ago

Agri, gems, pharma exports to be worst-hit by US tariffs

New Indian Express  

As the reciprocal tax by the US government looks imminent, Indian exporters are in a wait-and-watch situation. But the initial estimates suggest India’s farm sector, gems and jewellery, electronics, auto components, and textiles & apparels are the sector likely to get impacted most. An analysis by Global Trade Research Initiative, the Indian farm exports to the US currently face a …

India charges 100 per cent tariff on agri goods, time for reciprocity: White House on eve of April 2 deadline
Top News
2 days, 15 hours ago

India charges 100 per cent tariff on agri goods, time for reciprocity: White House on eve of April 2 deadline

New Indian Express  

WASHINGTON: The White House has said India imposes a 100 per cent tariff on American agricultural products and the high levies charged by other countries make it "virtually impossible" for US products to be exported to those nations. President Donald Trump has repeatedly criticised the high tariffs charged by India and other countries on American goods. White House Press Secretary …

Ahead of Trump's auto tariffs, India may end duties on US auto parts
3 days, 10 hours ago

Ahead of Trump's auto tariffs, India may end duties on US auto parts

Firstpost  

India exports around $7 billion worth of automobile parts to the United States and imports automobile parts worth around $1.5 billion India is considering reducing or even ending customs duties on US automobile parts to blunt the effect of US President Donald Trump’s automobile tariffs. To blunt the effect from Trump’s automobile tariffs, India is considering reducing or even ending …

How will India react to reciprocal tariffs as April 2 deadline inches closer? Donald Trump says, ‘going to be nicer’
3 days, 12 hours ago

How will India react to reciprocal tariffs as April 2 deadline inches closer? Donald Trump says, ‘going to be nicer’

Live Mint  

US President Donald Trump announced that he plans to begin his reciprocal tariff strategy with “all countries,” dismissing speculation that the initial tariffs, set to be unveiled on April 2, would target only 10 to 15 nations. Trump is set to launch so-called reciprocal tariffs on April 2, a centerpiece of his plan to rebalance global trade and boost US …

How will India react to reciprocal tariffs as April 2 deadline inches closer? Donald Trump says, ‘going to be nicer’
3 days, 12 hours ago

How will India react to reciprocal tariffs as April 2 deadline inches closer? Donald Trump says, ‘going to be nicer’

Live Mint  

US President Donald Trump announced that he plans to begin his reciprocal tariff strategy with “all countries,” dismissing speculation that the initial tariffs, set to be unveiled on April 2, would target only 10 to 15 nations. Trump is set to launch so-called reciprocal tariffs on April 2, a centerpiece of his plan to rebalance global trade and boost US …

India, US to begin sectoral talks soon under proposed trade deal
5 days, 1 hour ago

India, US to begin sectoral talks soon under proposed trade deal

Firstpost  

India and the US are aiming to conclude the first phase of the agreement by the fall of 2025. India and the US have agreed to start sectoral expert-level discussions under the proposed Bilateral Trade Agreement in the coming weeks, the commerce ministry said on Saturday. On Friday, US President Donald Trump described Prime Minister Narendra Modi as a ”very …

Report decodes India, US arithmetic on tariffs
5 days, 13 hours ago

Report decodes India, US arithmetic on tariffs

Hindustan Times  

With days left before Donald Trump announces reciprocal tariffs on April 2, Indo-US trade negotiations continue to take place. A report released by Barclay’s Chief India Economist Aastha Gudwani has analysed Indo-US trade in detail and suggests that India might take a cluster-wise approach to the negotiations. US’s trade deficit with India has increased significantly, but it is still relatively …

India-US tariffs will work out well, PM Modi is a very smart man: Trump
5 days, 15 hours ago

India-US tariffs will work out well, PM Modi is a very smart man: Trump

India Today  

US President Donald Trump has reiterated his stance on India's high tariffs while praising Prime Minister Narendra Modi, calling him a "great friend" and a "very smart man". His remarks come amid escalating trade tensions, with the US preparing to impose reciprocal tariffs on countries, including India, over what Trump has described as unfair trade practices. INDIA'S EFFORTS TO WIN …

India-US discuss ways to resolve tariff dispute, trade issues in bilateral talks
5 days, 15 hours ago

India-US discuss ways to resolve tariff dispute, trade issues in bilateral talks

India Today  

India and the United States have concluded four days of extensive trade discussions in New Delhi, focusing on resolving bilateral trade issues and advancing sectoral negotiations under the Bilateral Trade Agreement. The negotiations in New Delhi follow Union Commerce and Industries Minister Piyush Goyal's visit to Washington DC, from March 4-6, where he met with US Trade Representative Jamieson Greer …

DC Edit | India must recalibrate its ties with transactional US
5 days, 22 hours ago

DC Edit | India must recalibrate its ties with transactional US

Deccan Chronicle  

Former US secretary of state Henry Kissinger, widely regarded as a diplomatic guru who reshaped the global order by fostering US-China relations, is said to have made two observations about his country: “America has no permanent friends or enemies, only interests”, and, “It may be dangerous to be America’s enemy, but to be America’s friend is fatal”. The US called …

India, U.S. to hold wrap-up session on Saturday on proposed trade pact; talks in early stages: Sources
5 days, 23 hours ago

India, U.S. to hold wrap-up session on Saturday on proposed trade pact; talks in early stages: Sources

The Hindu  

India and the visiting U.S. officials have decided to hold a wrap-up session on Saturday morning to conclude the three-day talks on the proposed bilateral trade agreement, government sources said. The official level deliberations assume significance as U.S. President Donald Trump has announced imposing reciprocal tariffs on April 2 on America's key trading partners, including India. While the U.S. has …

India weighs scrapping import tax on U.S. LNG, boost purchases, sources say
6 days, 1 hour ago

India weighs scrapping import tax on U.S. LNG, boost purchases, sources say

The Hindu  

India is considering a proposal to scrap import tax on U.S. liquefied natural gas to boost purchases and help cut the trade surplus with Washington, a key irritant for President Donald Trump, four government and industry sources said. Scrapping the import tax would make U.S. LNG more price competitive and help trim India’s trade surplus with the U.S., another government …

India offers to lower US farm tariffs, looks to strengthen trade ties: Report
6 days, 15 hours ago

India offers to lower US farm tariffs, looks to strengthen trade ties: Report

India Today  

The government has offered to cut tariffs on imports of US farm products like almonds and cranberries, hoping to strengthen trade ties with the United States, reported news agency Reuters. India has proposed reducing import duties on several US agricultural products, including almonds, walnuts, cranberries, pistachios, and lentils. Sources familiar with the discussions mentioned in the report said that these …

US tariff reprieve for India, may not be treated like China, Canada, Mexico: Sources
Top News
1 week ago

US tariff reprieve for India, may not be treated like China, Canada, Mexico: Sources

India Today  

India may receive a reprieve from the proposed US tariffs and may not be grouped with countries like China, Mexico, and Canada, according to government sources. India’s potential exclusion from the same tariff treatment as China, Mexico, and Canada signals a recognition of its distinct trade relationship with the US. A day ago, it was reported that the government is …

India’s confidence in gaining from Trump’s trade distortions is misplaced
1 week, 1 day ago

India’s confidence in gaining from Trump’s trade distortions is misplaced

Live Mint  

India’s policymakers should be drawing up strategies to deal with the new age of trade barriers. Perhaps the Indian government takes comfort from the promise Trump made during Prime Minister Narendra Modi’s recent visit to Washington that a new trade deal between the two countries would be signed by autumn. It is, of course, possible that the White House wants …

India, US trade talks may go beyond tariffs
1 week, 1 day ago

India, US trade talks may go beyond tariffs

Hindustan Times  

The US is pushing for India to reduce high tariff barriers for all American goods in one comprehensive move rather than adopting a piecemeal approach, according to people familiar with the negotiations ahead of crucial talks this week. The US team led by assistant trade representative Brendan Lynch and the Indian team led by commerce ministry’s additional secretary Rajesh Agarwal …

Will India press for an early harvest in trade talks with US?
1 week, 1 day ago

Will India press for an early harvest in trade talks with US?

Live Mint  

India and the US will outline the terms of their trade talks, discuss a schedule for tariff cuts, and work towards an early harvest deal at negotiations that kick off in New Delhi today, three officials aware of the matter said. In this category of goods, India is ready to "substantially" lower tariffs or even scrap some entirely, on imported …

Will India press for an early harvest in trade talks with US?
1 week, 1 day ago

Will India press for an early harvest in trade talks with US?

Live Mint  

India and the US will outline the terms of their trade talks, discuss a schedule for tariff cuts, and work towards an early harvest deal at negotiations that kick off in New Delhi today, three officials aware of the matter said. In this category of goods, India is ready to "substantially" lower tariffs or even scrap some entirely, on imported …

India eyes tariff cut on $23 billion of U.S. imports, to shield $66 billion in exports, say sources
1 week, 1 day ago

India eyes tariff cut on $23 billion of U.S. imports, to shield $66 billion in exports, say sources

The Hindu  

India is open to cutting tariffs on more than half of U.S. imports worth $23 billion in the first phase of a trade deal the two nations are negotiating, two government sources with knowledge of the matter said, the biggest cut in years, aimed at fending off reciprocal tariffs. In an internal analysis, New Delhi estimated such reciprocal tariffs would …

$23 Bn US Imports Open for Tariff Cut; Textiles, G&J, Footwear Accept Cut
1 week, 1 day ago

$23 Bn US Imports Open for Tariff Cut; Textiles, G&J, Footwear Accept Cut

Deccan Chronicle  

Chennai: India is open to reduction of tariffs on more than half of US imports worth $23 billion in the first phase of a trade deal. According to Reuters, India is open to reducing tariffs on 55 per cent of US imports that are now subject to tariffs ranging from 5 per cent to 30 per cent. According to GJEPC, …

India Slashes Import Duty On Key Materials Used To Make EV Battery, Mobile Phones
1 week, 1 day ago

India Slashes Import Duty On Key Materials Used To Make EV Battery, Mobile Phones

ABP News  

In a strategic move to strengthen domestic manufacturing and enhance export competitiveness, India announced duty exemptions on key raw materials used in electric vehicle battery and mobile phone production. "We aim to boost domestic production and enhance export competitiveness by reducing duties on raw materials," Finance Minister Nirmala Sitharaman said in the Parliament on Tuesday ahead of a vote on …

With Trump Tariffs On Horizon, India-US Trade Agreement Talks To Begin Tomorrow
1 week, 1 day ago

With Trump Tariffs On Horizon, India-US Trade Agreement Talks To Begin Tomorrow

ABP News  

Senior officials of India and the US will begin three-day talks on the proposed bilateral trade agrement here on Wednesday amid threats of reciprocal tariffs from the Trump-administration, an official said. While the US has demanded greater market access in sectors like certain industrial goods, auto, wines and agriculture, India may look at duty cuts for labour intensive sectors like …

India to cut levies on more than half of US imports as Trump's reciprocal tariffs deadline nears: Report
Top News
1 week, 2 days ago

India to cut levies on more than half of US imports as Trump's reciprocal tariffs deadline nears: Report

Firstpost  

Under a new trade deal between India and the US, New Delhi is open to reducing tariffs on 55 per cent of US goods it imports that are now subject to tariffs ranging from 5 per cent to 30 per cent U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference …

India Considers Lowering Taxes On US Imports, As It Tries To Manage Impact Of Reciprocal Tariffs: Report
Trending News
1 week, 2 days ago

India Considers Lowering Taxes On US Imports, As It Tries To Manage Impact Of Reciprocal Tariffs: Report

ABP News  

India is considering reducing tariffs on more than half of US imports, valued at $23 billion, as part of the first phase of a proposed trade deal aimed at countering the impact of upcoming US reciprocal tariffs, Reuters reported citing two official sources. According to an internal assessment by New Delhi, the new US tariffs, set to take effect on …

India open to tariff cuts on $23 billion of US imports amid trade negotiations
1 week, 2 days ago

India open to tariff cuts on $23 billion of US imports amid trade negotiations

Live Mint  

India is open to cutting tariffs on more than half of U.S. imports worth $23 billion in the first phase of a trade deal the two nations are negotiating, two government sources said, the biggest cut in years, aimed at fending off reciprocal tariffs. In an internal analysis, New Delhi estimated such reciprocal tariffs would hit 87% of its total …

Mint Quick Edit | India’s anti-dumping barriers: More to come?
1 week, 2 days ago

Mint Quick Edit | India’s anti-dumping barriers: More to come?

Live Mint  

India has levied anti-dumping duties on five Chinese products that were being imported below market prices, raising suspicion of their being “dumped" here. These barriers should help protect Indian producers against potentially unfair competition from a country faced with low domestic demand, deflationary pressures and over-capacity. The latest set of duties cover soft ferrite cores, vacuum insulated flasks of a …

Government drops import duty on key parts for EV batteries, phones
1 week, 2 days ago

Government drops import duty on key parts for EV batteries, phones

India Today  

The government on Tuesday said there would be no import duties on several goods used to manufacture electric vehicle batteries and mobile phones amid broader tariff cuts to help local producers withstand the potential impact of reciprocal U.S. tariffs. "We aim to boost domestic production and enhance export competitiveness by reducing duties on raw materials," finance minister Nirmala Sitharaman said …

India open to tariff cuts on US imports worth $23 billion: Report
1 week, 2 days ago

India open to tariff cuts on US imports worth $23 billion: Report

India Today  

The government is open to cutting tariffs on more than half of US imports worth $23 billion as part of a trade deal being negotiated between the two countries, news agency Reuters reported, citing two government sources. According to an internal analysis by India, the new US tariffs could impact 87% of Indian exports to the US, which are worth …

India levies anti-dumping duty on 5 Chinese goods. Here’s why
1 week, 4 days ago

India levies anti-dumping duty on 5 Chinese goods. Here’s why

Live Mint  

To safeguard domestic players from cheap imports, India has imposed anti-dumping duty on five Chinese goods, including vacuum flasks and aluminum foil, during the month so far. These duties were levied as the five products — Soft Ferrite Cores, certain thickness of vacuum insulated flask, aluminum foil, Trichloro Isocyanuric Acid, and Poly Vinyl Chloride Paste Resin -- were being imported …

Looming US tariffs could be bad news for India’s Big Five
1 week, 6 days ago

Looming US tariffs could be bad news for India’s Big Five

Live Mint  

There’s less than a fortnight to go before US President Donald Trump ’s 2 April deadline for imposing reciprocal taxes on imports. But throw in the flurry of news last month around the Prime Minister’s visit to the White House about how India might allow imports of Tesla’s cars at a much lower duty than the 110% it charges currently, …

Donald Trump expects India to cut tariffs on US products, but ‘will charge them same tariffs from April 2’
2 weeks ago

Donald Trump expects India to cut tariffs on US products, but ‘will charge them same tariffs from April 2’

Hindustan Times  

US President Donald Trump, in an interview with Breitbart News on Wednesday, said he believes India would reduce tariffs on American goods, news agency Reuters reported. During Prime Minister Narendra Modi's visit to Washington last month, India and the U.S. pledged to more than double their bilateral trade to USD 500 billion by 2030. India, US commit to doubling two-way …

India’s exports may face 3-3.5% hit from US tariffs, but trade diversification may cushion impact: SBI Research
Trending News
2 weeks, 3 days ago

India’s exports may face 3-3.5% hit from US tariffs, but trade diversification may cushion impact: SBI Research

Live Mint  

New Delhi: India’s exports to the US could decline by 3-3.5% if Washington implements reciprocal tariffs next month, but this may be offset by ambitious targets in manufacturing and services, along with efforts to diversify exports, SBI Research said in a report on Monday. New Delhi also must boost value addition, tap new markets, and establish alternative trade routes from …

US tariffs: India mulls steps to save steel firms
2 weeks, 4 days ago

US tariffs: India mulls steps to save steel firms

Deccan Chronicle  

The government is evaluating a range of initiatives to strengthen the steel industry in response to US tariffs, which imposed a 25 per cent duty on steel and aluminium imports effective March 12. The measures under consideration include the adoption of innovative technologies, enhanced production-linked incentives for steel producers, cuts in import and export duties, and efforts to diversify product …

How Trump’s tariffs can be opportunity in crisis for India
Trending News
2 weeks, 5 days ago

How Trump’s tariffs can be opportunity in crisis for India

Firstpost  

While Trump’s tariffs aren’t designed to help India, they may inadvertently provide the external catalyst needed for India’s economic transformation. India’s Historical Inward Focus India has a robust domestic market, which accounts for approximately 60 per cent of its GDP. The result was a 10-18 per cent cost disability in assembly and manufacturing compared to Southeast Asian rivals, leaving India’s …

How Trump’s tariffs can be opportunity in crisis for India
2 weeks, 5 days ago

How Trump’s tariffs can be opportunity in crisis for India

Firstpost  

While Trump’s tariffs aren’t designed to help India, they may inadvertently provide the external catalyst needed for India’s economic transformation. India’s Historical Inward Focus India has a robust domestic market, which accounts for approximately 60 per cent of its GDP. The result was a 10-18 per cent cost disability in assembly and manufacturing compared to Southeast Asian rivals, leaving India’s …

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