Page 14 - Tariffs

'Nobody can argue with me': Trump on reciprocal tariff talks with PM Modi

India has some of the world's steepest tariffs on certain US imports, particularly in the automobile sector, where duties on foreign cars can reach up to 100 per cent

Statsguru: Are Indian tariffs truly 'top of the pack' as Trump claims?

Does India charge more than its peers in world trade?

Do Trump's reciprocal import tariffs violate WTO rules? An explainer

American President Donald Trump has announced imposing reciprocal tariffs on its major trading partners including China that levy higher import duties on goods shipped from the United States. He has already announced a 25 per cent duty on steel and aluminium imports, which will come into effect from March 12. While announcing the new tariff policy, the president has also spoken about how India is "right at the top of the pack" when it comes to tariffs. With all these countries being members of the global trade body World Trade Organisation (WTO), the decisions of the US may challenge the WTO principles. A list of Q & As (questions and answers) to explain the wider implications of the US move: Q. What is WTO? A. The 166-member Geneva-based WTO is a multilateral body which formulates rules for global trade and adjudicates disputes between the countries. Its main objective is to promote smooth, predictable and free flow of goods. Both India and the US have been members since ...

Trump's reciprocal tariffs: A US gamble that could disrupt global trade

India could reduce its tariffs to zero on these products in exchange for the U.S. doing the same, which would be an immediate benefit for India

Europe's pharma, car giants most at risk from Trump's tariff threats

Trump ordered his administration on Thursday to consider imposing reciprocal tariffs on a country-by-country basis

Tariffs, trade, terrorism: PM Modi, Prez Trump discuss key India-US issues

PM Modi said that illegal immigration is a global issue and India is ready to take back any 'verified' Indian living in the US illegally

US President Trump moves to impose reciprocal tariffs as soon as April

"India has more tariffs than nearly any other country," says US President Donald Trump

Best of BS Opinion: Quality of spending matters more than the quantum

From education to PSUs to advertising to tariffs, how we address the quality of spending matters as much as the quantum of it

Steel, pharma, chemicals: Top Indian sectors at risk of higher US tariffs

Countries that have free trade agreements with the US, such as Singapore and South Korea, are safer with respect to Trump's reciprocal tariff threat, analysts at Nomura said.

Will announce reciprocal tariffs over two days, says Donald Trump

When asked about potential retaliation from other nations over tariffs, US President Donald Trump responded, 'I don't mind'

India has 'enormously high' tariffs, says Trump's top economic adviser

Trump plans announce new 25 per cent tariffs on all steel and aluminum imports into the US on Monday, on top of existing metals duties, and reciprocal tariffs on Tuesday or Wednesday

Best of BS Opinion: How AI, trade, and immigration generate conflict

From the use of AI in the military, to its use to generate unrest, from illegal human trafficking leading to conflict between allies, our columns today deal with the idea conflict

Driven by US stockpiling, Canada posts first trade surplus in 10 months

The December trade surplus was at C$708 million ($496 million), compared with a revised deficit of C$986 million the prior month, helped by an 4.9 per cent growth in exports

Ahead of PM's US visit, govt to review tariff surcharges on over 30 items

In a bid to avoid President Donald Trump's growing tariff actions, India has already reduced average import tariff rates to 11 per cent from 13 per cent on several items in the latest Budget

Dollar holds ground as tariffs on China kick in but Euro, Yuan, AUD slide

Canadian dollar, Mexican peso down after Monday rebound

How to trade Crude oil amid Donald Trump's tariff threat? Strategy here

Oil price today: Crude oil prices clocked the biggest intraday rally in four months on Monday, driven on the news of 10 per cent tariffs imposed by Whitehouse on Canadian crude oil and products

Best of BS Opinion: India must learn to negotiate its way across the world

With the world in rapid flux following the election of Donald Trump, India finds itself in uncharted waters, and needs to learn how to make deals that serve its interests to the fullest

Gold pares early losses as Trump tariffs drive interest in safe-haven

Gold, often regarded as a safe-haven investment during periods of economic or geopolitical instability, soared to a record peak of $2,817.23 on Friday

Will work out measures to help industry address non-tariff barriers: Goyal

The commerce and finance ministries are working as a team to see which are the sectors that require maximum support in terms of availability of capital, technology upgradation, marketing

Trump's tariffs on Mexico, Canada loom; these goods are in the crosshairs

President Donald Trump said this week that tariffs on US neighbours Canada and Mexico will arrive Saturday. The two nations are not only close geographically, but economically as well. The business between the North American nations now exceeds China, totalling USD 1.8 trillion in 2023. That is far greater than the USD 643 billion in commerce that the US did with China in that same year. Following are just a few imported goods that could be hit first. A grenade' lobbed into auto production For decades, auto companies have built supply chains that cross the borders of the United States, Mexico and Canada. More than one in five of the cars and light trucks sold in the United States were built in Canada or Mexico, according to S&P Global Mobility. In 2023, the United States imported USD 69 billion worth of cars and light trucks from Mexico more than any other country -- and USD 37 billion from Canada. Another USD 78 billion in auto parts came from Mexico and USD 20 billion from ...