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TARIFFS ON IMPORTS
Electronics, pharma and engineering goods lead India's FTA dividend as export engine shifts gearsIndia's electronics sector is poised for significant growth, potentially becoming a manufacturing and export powerhouse. Free Trade Agreeme...- India's edible oil imports up 6.7 per cent in May to 13.39 lakh tonnesIndia's edible oil imports saw a significant rise in May, reaching nearly 13.39 lakh tonnes. This increase was primarily fueled by higher s...
- Trump’s 10% global tariffs stay in force after appeals court extends pause on trade court decisionA US appeals court has kept a 10% global tariff in place for three importers. This decision follows a lower court ruling that had granted t...
- India grants retrospective custom duty relief on imports of select nuclear power generation equipmentIndia has granted retrospective customs duty relief on specified nuclear power generation equipment imported between April 1, 2019 and Janu...
- India Inc wary of fresh trade headwinds as US weighs additional 12.5% tariffThe United States is proposing a 12.5% tariff on Indian imports. This action stems from an investigation into forced labor import prohibiti...
- US refunds $22 billion in first repayments of Trump's tariffs in MayUS authorities have begun refunding billions in customs duties. This follows a Supreme Court decision invalidating President Donald Trump's...
- Govt extends anti-dumping duty on aluminium foil imported from China & 3 other nations till DecemberIndia has extended anti-dumping duties on aluminium foil imports. The measure will remain in effect until December 15, 2026. This decision ...
- Gold falls below pre-duty-hike levels as overseas prices dropGold prices in India have fallen significantly, reaching their lowest point since early May. This price drop is expected to encourage more ...
- China's exports jump 19.4% on-year in May, 35% to USChina's exports saw a strong jump in May, rising 19.4 percent year-on-year. Imports also climbed significantly. Technology and auto shipmen...
- India's gold tariff hike fuels smuggling revival, squeezes banks and refinersIndia's decision to raise gold import duties to 15% is triggering a fresh surge in smuggling, as illegal operators exploit a widening price...
- 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...
- US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...
- Phase 1 of India-US trade pact hinges on Section 301 probe, official saysIndia and the US are set to finalize the first phase of their trade agreement soon. This move is contingent on the conclusion of ongoing Se...
- India, UK talks progressing on resolving issues for trade pact implementation: OfficialIndia and the UK are making good progress on their free trade agreement. Discussions are ongoing to resolve issues like the UK's steel safe...
- India, US trade pact can be finalised after conclusion of Sec 301 investigations: OfficialIndia and the US are nearing the completion of their interim trade agreement's first phase. This crucial step hinges on the conclusion of A...
- US plans additional 12.5% tariff; India says talks on Section 301 probes ongoingThe US Trade Representative has proposed an additional 12.5% duty on 54 countries, including India, over alleged failure to restrict import...
- India remains engaged with US on Section 301 proceedings on forced labour issues: Commerce MinistryIndia continues discussions with the United States regarding Section 301 proceedings concerning forced labour. These talks occur as both na...
- US govt appeals judge's order for tariff refundsThe Trump administration is appealing a court order for refunds of global tariffs. These tariffs were previously invalidated by the Supreme...
- US tariffs on agricultural machines to be cut, 50% metal levies stayThe US has reduced tariffs on farm equipment to 15% and introduced a new 10% tariff for products using at least 85% US-origin metals. These...
- US may have shaved its metal tariffs but the steel wall facing Indian exporters remains standingTariff modifications in the United States bring a touch of relief for Indian exporters, particularly with reduced duties on select metal-in...
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