Tariff

Gold price dips ₹10 to ₹95,170, silver price falls ₹100 to ₹99,700

The price of 22-carat gold declined ₹10, with ten grams of the yellow metal selling at ₹87,190

'Zero-for-zero' tariff under proposed India-US BTA unlikely: Report

A 'zero-for-zero' tariff strategy under the proposed bilateral trade agreement between India and the US is unlikely, as the two countries are at different levels of economic development, official sources said. Certain trade experts have suggested that India can propose a 'zero-for-zero' tariff strategy to the US for addressing America's reciprocal tariff hikes. An official said that zero-for-zero tariffs can be possible between the US and the European Union (EU) as both are developed and advanced nations. The India-US agreement will always be a "package" deal that could include issues such as goods and non-tariff barriers, the official said adding "it does not happen like this that if he will do 'zero' in electronics, we will also do in electronics. Trade agreements do not happen like this. It is a wrong thinking". India and the US have been engaged in negotiating a bilateral trade agreement (BTA) since March. Both sides have targeted to conclude the first phase of the pact by fall

Trump's tariffs take effect: India faces 26% tax on exports, China 104%

With Donald Trump's sweeping tariffs kicking in, India's key exports are now taxed at 26%, while China faces a staggering 104% levy-sparking fears of a global trade war

Donald Trump cuts India tariff to 26% from 27% in final White House list

Trump's 27% tariff on Indian imports has been quietly revised to 26% after discrepancies in White House documents sparked confusion among trade watchers and officials

Donald Trump tariffs trigger sector churn with more losers than winners

The Nifty Pharma index surged 2.25 per cent after the pharmaceutical sector was unexpectedly spared from reciprocal tariffs, at least for now

Trump’s tariffs: A boon for Indian textile exports?

'PM Modi is a very smart man, India-US tariffs will work out well': Trump

Trump hails PM Modi as a 'very smart man' and a 'great friend,' expressing confidence that India-US trade talks will resolve tariff issues for a mutually beneficial outcome

US President Trump's 25% tariff hands the car industry keys to China

By smashing up the links holding the delicate non-Chinese supply chain together, Mr Trump is guaranteeing a future where Beijing rules the road

Trump's threat to pull the trigger may jolt India's complacent elite

India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now

Trump warns auto industry: No car price hikes after tariff shake-up

Trump warned US automakers not to raise prices in response to his latest 25 per cent tariff on imported vehicles and parts, despite industry concerns over rising costs and inflation

Is Trump's 25% car tariff about to drive the auto industry off a cliff?

Will Trump's 25 per cent car tariff drive the auto industry into crisis as global leaders threaten retaliation and prices soar for consumers?

Data localisation norms a key sticking point in India-US BTA talks

Among digital services, one of the contentious issues on the table is India's data localisation norms - cross-border flow of data - that have been a concern for American companies

Auto street set for rough ride as Donald Trump tariffs spark worries

India calculating impact of 25% duty on cars, auto parts; firms see hit on margins

Will soon announce tariffs on autos, aluminum, pharmaceuticals: Trump

Speaking to reporters at the White House, Trump said the United States would need all those products if there were problems including wars

Republicans' team writes to Trump, seeks tariff parity to boost exports

They have demanded "removal of unfair trade barriers" so that it could significantly increase market demand and revenues for producers who have faced a difficult four years

Swadeshi Jagran Manch ticks India's winning factors amid tariff war

The SJM is an economic think tank affiliated to the Rashtriya Swayamsevak Sangh

Tariffs won't help more men get jobs; deregulation is the real answer

There is a sense that the globalization of the last several decades has mostly benefited the coastal elites, while the rest of the country has suffered with stagnating wages

Canada sounds the alarm as US trade war escalates ahead of G7 Summit

Ahead of G7 Summit, Canada urges allies to resist US trade war, calling tariffs an economic weapon and warning that no country is immune to Washington's coercion

No commitment to US on tariff cuts; deal negotiations on, says govt

Commerce, foreign secys brief House panel on current scenario

US Commerce Secy Lutnick urges India to lower tariffs, moots 'grand' deal

India's import tariffs, among the highest in the world, warrant a reassessment of its "special relationship" with the United States, Lutnick said, speaking from Washington