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LUXURY GOODS TARIFFS
The new man of steel! India seen filling the void China may leaveIndia Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low,...- Measures like tax relief, import curbs can shield India from West Asia crisis: ReportIndia must adopt tax moderation and targeted import curbs to boost exports and shield against the West Asia crisis. A report suggests restr...
- EU envoy seeks investment liberalisation chapter in FTA with India, early investment pact conclusionEuropean Union Ambassador Herve Delphin seeks an investment liberalization chapter and an early investment protection pact for the India-EU...
- 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...
- Labour-intensive sectors see steep fall in exports in MarchThe fiscal year 2026 brought a mixed bag for India's exports. On one hand, engineering goods, electronics, and pharmaceuticals excelled, dr...
- Macron says US Supreme Court tariff ruling shows it is good to have counterweights to power in democraciesFrench President Emmanuel Macron lauded the U.S. Supreme Court's decision on President Trump's tariffs, emphasizing the importance of check...
- GST 2.0: Luxury goods companies bank on buyers' discretion"Monday was a pretty good day for us with the Pitru Paksha ending on Sunday. Customers had been holding off on purchases and they started m...
- "WHAT IF...TARIFFS?": How Swiss watchmaker cheekily ticks back at Trump’s tariff hitSwatch, the Swiss watchmaker, has launched a special edition watch called "WHAT IF...TARIFFS?" with reversed numbers three and nine. This i...
- TikTok videos exploit trade war to sell fake luxury goodsViral TikTok videos falsely accuse luxury brands of secretly manufacturing goods in China to circumvent trade tariffs. These claims, amplif...
- Hermès raises prices on iconic $10,000 bags, blames U.S. tariffs for the luxury price bump hitting high-end shoppersHermès is set to increase prices across all its product lines in the United States starting May 1st. This decision comes as a direct respon...
- Hermès to hike U.S prices on iconic Birkin bags and more in response to Trump’s tariffs, leaving luxury shoppers fumingHermès, the luxury brand, is increasing prices in the United States. This decision follows President Trump's tariffs on European goods. The...
- Birkin, Lululemon, and TikTok: How China is using the tariff war for luxury goods to go direct from factory to your feedChinese factories are turning to TikTok to directly market luxury goods like yoga pants and handbags, claiming they come from the same prod...
- These products will be hard to find in US soon, all thanks to new tariffs. Here’s more detailsNew US tariffs are disrupting the supply of luxury vehicles, watches and toys from key global manufacturers. Companies have paused shipment...
- UK automaker Jaguar Land Rover pauses US shipmentsJaguar Land Rover has temporarily halted U.S. shipments due to new 25% auto tariffs imposed by the Trump administration. The company, which...
- Global trade war to begin: After tariffs on Canada, Mexico, and China, now Donald Trump sets his sights on the UK and EUUS president Donald Trump has planned to impose tariffs on the EU as well and criticised the EU's trade practices. This has led to a signif...
- Study says global luxury goods market will shrink in 2025; Trump tariffs could make it worseGlobal luxury goods sales are projected to decline in 2025 for the first time since the 2008 recession, according to a Bain consultancy stu...
- UK bans luxury exports to Russia, imposes high tariffs on vodka in new sanctionsRussian vodka is one of the iconic products affected by the tariff increases, while the export ban will also affect luxury vehicles, high-e...
- No GST relief for 5-star luxury hotelsOn Tuesday, PM Narendra Modi had said that 99% of over 1,200 goods and services will attract 18%, or less, goods and services tax.
- Single-Brand retail FDI cap may be hikedThe government is 'seriously considering' a proposal to raise the foreign direct investment cap in single-brand retail from 51%.
- Luxury tourism to run on private wheels, 2 trains already on trackTravel firms TCI & Cox & Kings are ready to cash in on the market for luxury train ride. Cos are upbeat that new markets will make up for t...
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