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AUTOMOTIVE TARIFFS REDUCTION
India to allow import of 3.78 lakh UK cars at concessional duty in first 15 years of trade pactIndia will allow imports of up to 3.78 lakh conventional-engine passenger cars from the UK at concessional duties under a new trade pact st...- UK-India free trade deal to kick in on July 15, cutting tariffs by over $480 mn in year oneThe United Kingdom and India will implement their Free Trade Agreement on July 15. This landmark deal, signed last year, promises to boost ...
- Compliance complexity is the defining challenge amid tariff uncertainties: Maersk Asia Pacific surveyVietnam, Thailand, and India emerge as key multi-country hubs. AI adoption is high, but integration with compliance platforms is crucial fo...
- Has China eaten Europe's lunch? A Brussels-Beijing battle is brewingEurope is adopting a tougher stance against China's industrial practices. A new strategy aims to protect European industries from unfair co...
- UK's Scotch whisky body hopes for 'swift' India FTA implementationThe Scotch Whisky Association is urging swift implementation of the India-UK Free Trade Agreement, despite recent hurdles over UK steel imp...
- Trump, Xi to weigh tariff cuts on $30 billion of imports in managed trade pushAn exciting trade initiative is on the horizon as America and China collaborate to redefine commerce concerning everyday products. With a p...
- Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
- Another trade war? EU fires first shot in economic clash with ChinaEU is planning a major shift in its industrial policy through the proposed “Made in Europe” framework under the Industrial Accelerator Act,...
- India–New Zealand sign 'once-in-a-generation' FTAIndia and New Zealand signed a “once-in-a-generation” free trade agreement on Monday that gives New Delhi duty-free access to 100% of tarif...
- BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
- Pact puts auto parts exporters in driver's seatThe joint statement said India will receive a preferential tariff rate quota for automotive parts currently covered under US national secur...
- Duty concessions to UK only on large petrol, diesel vehicles, high-priced EVs: OfficialIndia's trade agreement with the UK offers duty concessions on large petrol/diesel vehicles and high-priced EVs, safeguarding its domestic ...
- FTA perks: UK gets to sell 22,000 premium EVs in IndiaThe India-UK FTA includes provisions for EV trade, with the UK gaining access to a quota for selling 22,000 high-value EVs at a 10% duty, w...
- Trump to reduce impact of auto tariffs, Commerce secretary Howard Lutnick saysThe Trump administration is set to ease the impact of automotive tariffs by reducing duties on foreign parts used in domestic car manufactu...
- Customs duty cuts, levy withdrawals an ongoing process, not linked to global events: FM SitharamanFinance Minister Nirmala Sitharaman emphasized that India's process of reducing customs duties and eliminating the equalization levy is ong...
- Trump escalates U.S.-Canada trade war: Doubles tariffs on Canadian steel & aluminum to 50% after Ontario's electricity surcharge; Plans more economic measuresTrump doubles tariffs on Canadian steel and aluminum to 50%, escalating trade tensions between the U.S. and Canada. This decision comes aft...
- How tariff reductions could impact India’s automotive industry? Sunil Subramaniam explainsThose companies which are able to quickly improve productivity can benefit, but those which lag behind will get hurt. So, clearly there wil...
- Stakeholder talks begin on India-UK trade pact“Stakeholders can give their comments on tariffs and market access issues in goods, rules of origin and certification issues, standards, in...
- SIAM wants cars, diesel buses, 26 others out of FTAsIndia’s automakers fear an onslaught of cheap imports as the government offers duty cuts on 28 products.
- Auto sector inclusion in India-EU FTA against 'Make in India'The proposed India-EU trade liberalisation pact will not benefit domestic automobile firms and runs counter to 'Make in India'.
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