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US TARIFF ROLLBACKS
US removes sanctions from three IRGC-linked entities, Treasury website showsThe US Treasury Department has removed Fly Baghdad and two aircraft from its sanctions list. This action follows earlier targeting of the a...
US tariffs on Brazil are a bitter pill for sugar and ethanol makersBrazil's ethanol and sugar producers expressed despair over new United States tariffs. These tariffs were imposed on thousands of Brazilian...
Textiles see tariff scars, exports to US drop 29% in February; China hit mostImports from India declined 28.7% year-on-year, compared with a 16.4% fall from Bangladesh, while Vietnam recorded a 5% increase, according...
GJEPC seeks US export duty cut to 5–7% after 18% levy; exporters to meet Piyush Goyal on February 11To be sure, precious stones such as diamonds attracted zero duties until late 2024 before the levies were progressively raised after Donald...
India must push for US oil-tariff relief before negotiating trade pact, 25% surcharge basis 'no longer stands': GTRIIndia's trade body is urged to prioritise the rollback of the US oil-linked tariff, a 25% duty that doubles the burden on Indian goods. Exp...
India should press US to roll back "Russian oil" tariffs before trade deal: GTRIIndia must advocate for the removal of the 25% tariff on Russian oil imposed by the United States, as this is a pivotal move before finaliz...
Trade truce? Canada removes retaliatory tariffs on most US goods starting SeptemberCanada tariffs: Canada reduced trade tensions with the US. It removed many retaliatory tariffs. The tariffs on US autos, steel, and aluminu...
Trump’s 50% levy is forcing Indian banks to scrutinize exportersIndian banks are intensifying their scrutiny of loan applications from exporters, particularly concerning their exposure to the American ma...
Trump tariffs on key sectors may outlast his presidency, warns JPMorgan's geopolitics armJPMorgan Chase's Center for Geopolitics predicts U.S. import tariffs will stabilise near 22%, with duties on strategic sectors remaining. T...
US Stock Market Today: S&P 500 closes at 6,173, Nasdaq reaches 20,273 as markets show growth. Details hereThe S&P 500 and Nasdaq closed at record highs on Friday. Despite concerns over tariffs and conflict in the Middle East, markets showed grow...
Will the Democrats pause tariffs if they win the next election and return to power? Here's what a Wharton professor saysUniversity of Pennsylvania professor Joao Gomes suggests tariffs are likely here to stay, becoming "addictive" for governments due to the r...
WSJ comes down heavily on Donald Trump again; says the President surrendered to China in trade warThe Wall Street Journal has strongly criticized US President Donald Trump's decision to reduce tariffs on Chinese imports. The newspaper vi...
US-China trade war: Beijing offers tariff relief on 131 American goods — Here’s what might be on the listChina is reportedly considering exemptions for certain U.S. imports from its 125% tariffs, as the economic impact of its ongoing trade disp...
Tariffs could hurt business, growth and earnings: Peter CardilloThe administration's back-and-forth stance on tariffs is unsettling global markets, especially emerging ones. Tariffs could be inflationary...
Trump is signaling possible rollback of Mexico and Canada tariffs, but consumers are still confused about the situation, here's all you need knowCommerce Secretary Howard Lutnick is of the opinion that Donald Trump may again begin a rollback on the tariffs imposed on Mexico and Canad...
Trump says US hasn't agreed to full tariff rollback with ChinaUS bonds rallied and stocks slipped after the president’s remarks diluted some of the optimism.
India rejects US’ demand to lower duty on almonds“India has not accepted the US demand for rollback of tariff on almonds imported from America,” said one source familiar with the developme...