Tariffs

Assessing impact of US Supreme Court ruling on Trump's tariffs: China

China on Monday said it is conducting a comprehensive assessment of the impact of the US Supreme Court's ruling against global tariffs imposed by President Donald Trump under an emergency powers law. The Chinese Ministry of Commerce said it has noted the Supreme Court's decision declaring illegal the US government's imposition of tariffs on trading partners under the International Emergency Economic Powers Act (IEEPA) and is evaluating its relevant content and implications. Beijing's reaction came ahead of Trump's planned visit to China from March 31 to April 2 for talks with Chinese President Xi Jinping. On Sunday, US Trade Representative Jamieson Greer said he did not expect the ruling to impact Washington's talks with China. "The purpose of this meeting with President Xi is not to fight about trade. It's to maintain stability, make sure that the Chinese are holding up their end of our deal and buying American agricultural products and Boeings and other things," Greer told ABC ..

Trump's 10% tariff reset may lift India's labor-intensive exports

The reduction of the US reciprocal tariff on India from 25 per cent to 10 per cent will significantly improve competitiveness of domestic labour-intensive sectors in the US such as pharma, electronics, engineering, textiles, and gems and jewellery. In a major setback to US President Donald Trump's pivotal economic agenda for his second term, the US Supreme Court, in a 6-3 verdict written by Chief Justice John Roberts, ruled that the tariffs imposed by the president on nations around the world were illegal and that he had exceeded his authority when he imposed the sweeping levies. Later, through a proclamation, the US announced a temporary import surcharge of 10 per cent ad valorem on articles imported into the US for 150 days from February 24. These sectors at present were facing a reciprocal tariff of 25 per cent in the US market. The US is a major export destination for these sectors and reduction of tariff will help boost exports, Federation of Indian Export Organisations (FIEO)

India-US interim trade pact may be rolled out in April: Piyush Goyal

A USTR delegation is expected to visit New Delhi in late March to sign the interim India-US trade deal, as negotiators meet in Washington to finalise the legal text ahead of April rollout

Cyber threats a risk, but financial sector well equipped: DFS secretary

US tariff easing brightens outlook for Indian exporters, says DFS secy Nagaraju

18% US levy may kick in this week: Commerce Secretary Rajesh Agrawal

Talks in Washington next week on interim deal's legal framework

India-US trade deal: Transparency on constraints and commitments needed

As questions linger over Russian oil, tariffs and market access, clarity on India's constraints and commitments is key to managing perceptions of the US trade deal

US companies paid nearly 90% of 2025 tariff costs, says NY Fed study

Using data through November 2025, the study finds that about 94 per cent of the tariff costs were passed through to US firms and consumers in the first eight months of the year

Trump warns Republicans of 'serious consequences' for voting against tariffs

In a Truth Social post, Trump said tariffs have strengthened US economic and national security and warned Republicans against opposing them

Trade deal: 18% US tariff to kick in after joint statement in 4-5 days

Goyal says first tranche of 'formal' pact by mid-March

Over 40% of India's US exports already face zero duty, shows govt data

More than two-fifths of India's exports to the US faced no tariffs before trade agreement was sealed

Datanomics: Labour-heavy exports regain ground after India-US trade deal

India-US tariff cut to 18% lifts prospects for labour-intensive exports as firms diversify markets and oil sourcing shifts amid geopolitical pressure

Union Budget 2026-27: Tariffs remain high and revenue share falls

Share of Customs duty collections declined in central tax receipts despite the government resorting to raising tariffs

India-EU trade deal: Only native EU carmakers may get import tariff relief

Move to block non-Europe firms from using lower duty to dump cars in India

Why did Trump back down on Greenland tariffs? | European Union | Nato

US President Donald Trump has withdrawn planned tariffs on several European allies after reaching what he calls a “framework of a future deal” with Nato on Greenland and Arctic security.

'Vance, Navarro, even Trump stalled trade deal with India': US Senator

In a leaked recording, Cruz warned donors that Trump's tariff policy could seriously harm the US economy and even put the president at political risk

India may face fallout from US 25% tariff on Iran trade partners

Though largely routed via UAE, India's basmati rice and tea exports may come under pressure

US Supreme Court holds off on expected ruling on Trump's global tariffs

Earlier, it was expected that the court would issue at least one ruling, as several major cases remain pending

China to impose 55% tariff on beef imports above quota from 2026

The new annual quota levels are set below import levels for the first 11 months of 2025 for top supplier Brazil as well as for Australia

Centre seeks to allay concerns on transmission assets' monetisation

The Union power ministry has assured states of revenue certainty, tax efficiency and payment security as it pushes ahead with monetisation of intra-state transmission assets

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