Import Tariffs

Economic Survey 2025-26: India's growth outlook strong, focus on resilience

CEA V Anantha Nageswaran said that inflation is largely contained, rainfall and agricultural prospects are supportive, external liabilities remain low, and banks are in good health

India offers EU automakers 6 times larger quota than UK, cuts car tariffs

Beyond the quota, the trade pact has negotiated a rate cut to 35 per cent over 10 years for fossil-fuel powered cars, officials added

Govt to slash tariffs on cars to 40% in trade deal with EU: Report

India plans a sharp cut in car import tariffs for EU automakers, signalling its biggest market opening yet as New Delhi and Brussels near a landmark free trade pact

Trump tariffs go before Supreme Court: Why $150 billion hangs in balance

This is the first time the US Supreme Court will directly rule on the legality of President Donald Trump's tariff programme

India links duty concessions on NZ apples, kiwifruit to agri action plans

Quota-based duty concessions granted by India to New Zealand for apples, kiwifruit, and Manuka honey are linked to the delivery of agriculture productivity action plans committed by the island country under the free trade agreement. The implementation of the plans will be monitored by a Joint Agriculture Productivity Council (JAPC). According to the pact, the move is aimed at balancing market access with protection of sensitive domestic agricultural sectors. New Zealand has agreed on focused action plans for kiwifruit, apples, and honey to improve productivity, quality, and sectoral capabilities in India. The cooperation includes the establishment of centres of excellence, improved planting material, capacity building for growers, technical support for orchard management, post-harvest practices, supply chains, and food safety. Projects for premium apple cultivators and sustainable beekeeping practices will enhance production and quality standards in India. "All tariff rate quotas

The year of tariffs: How Trump's policies affected India's exports in 2025

Despite multiple deadline extensions, India failed to reach a trade deal with the US in 2025, leaving exporters grappling with steep tariffs that reshaped competitiveness across key sectors

India imposes anti-dumping duty on Vietnam steel imports for 5 years

Move will curb unfair trade practices and safeguard national capacity, says Jindal

Trump backs 500% tariffs on Russia trade partners: What it means for India

Donald Trump backs Senate legislation enabling tariffs of up to 500% on countries trading with Russia, a move that could significantly affect India and China

R R Kabel to redirect exports from US after 25% tariff on Indian goods

While the United States contributes just 2.5% to R R Kabel's revenue, it accounts for around 10% of its export income

Trump orders trade tariffs on 68 nations: Who has a deal and who doesn't

Donald Trump signs order imposing tariffs on 68 countries and EU from August 7; while some nations secured last-minute trade deals, many - including India and Canada - face steep new duties

India readies for US tariff impact, rules out retaliation over Russia ties

New Delhi may not retaliate against US' 25% levy and Russia penalty

China retaliates to EU ban with import restrictions on medical devices

Tensions between Beijing and Brussels have been rising, with the European Union imposing tariffs on China-built electric vehicles and Beijing slapping duties on imported brandy from the bloc

Zero-for-Zero Tariffs: Rethinking Trade Liberalization

In this SmartCut episode, Dr. Shikha Jain, Director of IMDR Pune, unpacks Zero-for-Zero Tariffs, their history, benefits, challenges, and why India needs to rethink trade liberalisation. >

Justice dept asks US appeals court to let Trump tariffs remain for longer

Tariffs covered by the ruling include Trump's global 10 per cent levy, his April 2 "Liberation Day" tariffs and measures targeting China, Canada and Mexico over fentanyl trafficking

India, EU push for early harvest trade pact amid ongoing FTA talks

Commerce and Industry Minister Piyush Goyal has met European Commissioner for Trade Maros Sefcovic in Brussels, their second meeting within a month, to discuss the proposed free trade agreement (FTA), currently under negotiation between the two regions. Goyal travelled to Brussels on May 23 from Washington, while India's chief negotiator L Satya Srinivas and his team are already at the EU headquarters for the FTA negotiations. The Indian minister held meetings with his EU counterpart earlier this month. "Delighted to welcome my friend and counterpart @PiyushGoyal. We continue to make progress. Let's maintain the momentum - with hard work, clear focus - and I look forward to our next meeting soon," Sefcovic said in a post on X. In response, Goyal, in a post on the social media platform, said, "We remain committed to the shared prosperity of India and the EU. Let us keep this pace going!". These deliberations assume significance as India and the 27-nation European Union are looking

India's retaliatory tariff plan may strain trade pact talks with US: GTRI

India's proposal to impose retaliatory import duty on certain US products in response to American tariffs on steel and aluminium could cast a shadow over ongoing negotiations for a trade agreement between the two countries, think tank GTRI said on Tuesday. The Global Trade Research Initiative (GTRI) said that if the US engages in consultations with India on the matter or withdraws tariffs, a resolution may be reached. Otherwise, India's retaliatory import duties could take effect in early June, potentially impacting US exporters and deepening trade frictions, it added. In a significant move targeting US safeguard duties on steel, aluminium, and their derivative products, India has formally notified the World Trade Organisation (WTO) of its intention to suspend trade concessions granted to the US. The proposed suspension of concessions could take the form of increased tariffs on selected US products. While India has not disclosed those items yet, in a similar move in 2019, it had ..

High import tariffs don't help nations become competitive: Lamborghini exec

India currently levies an import duty of up to 110 per cent on completely built units (CBUs) of automobiles

'Carefully figuring out the right time to enter India': Tesla CFO

Tesla CFO Vaibhav Taneja said that 100% import tariffs create anxiety

Vietnam's exporters scramble to fulfil order surge amid 90-day tariff pause

Businesses that had seen demand dry up just weeks ago are now overwhelmed with urgent shipment orders from US buyers

5 pharma stocks that you should stay away from given their tech charts

Technical charts hint that pharma shares such as Cipla, Lupin, Sun Pharma, Zydus Lifesciences and Gland Pharma could slide up to 23% as Trump tariff threat on pharma import looms.