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PREFERENTIAL TARIFF TREATMENT
Modi-Trump bilateral among key G7 meetings as US claims 'strong' Iran deal, eyes Hormuz de-miningUS President Donald Trump will meet Indian Prime Minister Narendra Modi at the G7 Summit. Trade, visas, and energy cooperation are key topi...- India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
- What is Section 301? Trump’s new tariff sword to hurt India and other partners?US and Indian trade officials are in New Delhi for crucial talks. They aim to finalize an interim trade pact before a key tariff deadline. ...
- India, US near trade pact; tariff terms hinge on Section 301 relief, source saysIn a significant development, India will hold discussions with U.S. trade representatives about the Section 301 investigation and the loomi...
- Taiwan says US has no timetable for chip tariffs, preferential terms already agreedTaiwan has secured preferential treatment for its semiconductor exports under a January trade deal with the US, ensuring favourable terms s...
- US to keep tariffs on USMCA countries, issues with Canada 'significant', Greer saysThe Trump administration plans to maintain tariffs on imports from Mexico and Canada as negotiations begin to revamp the North American fre...
- China to grant zero-tariff treatment to all African countries with diplomatic ties from May 1China will offer zero-tariff benefits to all African nations with diplomatic ties starting May 1. This initiative expands previous measures...
- European Union agrees to double steel import tariffs to 50% to curb cheap inflows from ChinaThe European Union has agreed to double steel import tariffs to 50% and cut duty-free quotas to curb a surge in cheap imports, largely from...
- Taiwan seeks US assurances tariff deal terms will not changeTaiwan assures continued beneficial trade terms with the United States. Vice Premier Cheng Li-chiun stated that existing agreements will no...
- 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...
- Chill, trimmed pill prices won't hurt usDonald Trump's executive order targeting international consumer price parity for prescription drugs in the US faces implementation challeng...
- India-China tussle: Government seeks stricter checks on Sri Lanka, Bangladesh, South Korea, Asean importsThe ministry has requested the finance ministry to introduce stringent provisions related to rules of origin, to empower customs officers f...
- Stricter origin norms compliance: Commerce department to examine FTAsIn view of rising trade deficit, India has been trying to curb imports through tighter origin norms in FTAs.
- ‘Jewellery exports may jump to $3 billion if US extends duty sops’Indian exports of Gold jewellery articles stood at $1.78 bn in 2018, down from $2.5bn in 2007-09.
- US commerce secretary warns India on 'unfair' trade policiesIn March, U.S. President Donald Trump announced plans to end preferential trade treatment for India.
- Govt extends deadline to impose higher duties on 29 US products to May 2The department of commerce had recommend the finance ministry to extend the deadline for levying higher tariffs worth $235 million.
- Commerce department seeks deadline extension to impose higher dutiesThe revenue department falls within the finance ministry, and the two ministries need to consult over any decision to delay the tariffs.
- ISMA for lower duty on Indian sugar in Bangladesh, Sri LankaWhile Bangladesh levys import duty of USD 150 per tonne on sugar, Sri Lanka imposes USD 100. The two neighbours import about 25-30 lakh ton...
- India ready to give preferential tariffs to all SAARC members: Nirmala SitharamanIndia is ready to give preferential duty concessions on all products to SAARC members to give a boost to free trade in the region.
- Government approves preferential market access in services area to LDCsIndia's preferential treatment to the LDCs in trade in services would involve a cost of Rs 6.5 crore annually on account of waiver of visa ...
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