Page 15 - Tariffs

Had an excellent conversation with Trump, says Trudeau after Florida meet

Canadian Prime Minister Justin Trudeau said Saturday he had an excellent conversation with Donald Trump at his Mar-a-Lago club after the president-elect's threat to impose significant tariffs on two of America's leading trade partners raised alarms in Ottawa and Mexico City. It was unclear, as Trudeau headed back to Canada from Florida, whether the conversation had alleviated Trump's concerns. A person familiar with the details of the leaders' hastily arranged meeting Friday night said it was a positive wide-ranging dinner that lasted three hours. The official, who was not authorised to discuss the matter publicly and spoke to The Associated Press on condition of anonymity, said topics included trade, border security, fentanyl, defence, Ukraine, NATO, China, the Mideast and pipelines, as well as the the Group of Seven (G7) meeting in Canada next year. The Republican president-elect has threatened to impose tariffs on products from Canada and Mexico if the countries don't stop what h

Asia to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs

The United States accounts for 61 per cent and 56 per cent of crude exports from Canada and Mexico

Adani bribe row: If no takers, bidders can cut tariff suo motu, says SECI

Communication between SECI and some states suggest tariff was lowered by Adani and Azure after it became tough to find buyers at a price considered expensive

Here's why Nifty Metal index rose over 1% on November 26; details inside

At 11:52 AM, 12 of the 15 stocks in the Nifty Metal Index were trading in the green, while three remained in the red

US Commerce Dept raises import tariff for Nippon Steel after review

The Commerce Department imposed a dumping margin of 29 per cent on Nippon Steel for selling hot-rolled steel in the US

Govt may seek flexibility in tariff concessions under FTA review with Asean

India may seek flexibility in the existing tariff concessions in sectors which are impacted by significant increase in imports, under the free trade agreement (FTA) review with the 10-nation Association of Southeast Asian Nations (ASEAN), an official said. The ASEAN official team is visiting India for the next round of review negotiations, which will start from November 19-22 here. The ASEAN-India Trade in Goods Agreement (AITIGA) was signed in 2009. "We may seek some flexibility in the tariff (or customs duty) concessions that have been given in the agreement. Some of the concessions can be taken back and can be given somewhere else because in some sectors we feel our domestic industry is badly getting hurt. We have domestic injuries in some sectors. We would like to do that in a minimum possible way," the official said. The domestic steel industry has time and again flagged concerns over a significant increase in imports from countries like China and misuse of FTA with ASEAN. In

The wealthy will shield Asian banks from Donald Trump's tariffs; here's how

Trump's proposed 10 per cent to 20 per cent tariff on all foreign-made goods - 60 per cent or higher on products from China - will be more than a bucketful of sand in the wheels of commerce

AERA's appeal against TDSAT order over levying of tariff maintainable: SC

The Supreme Court on Friday held the Airports Economic Regulatory Authority (AERA), which regulates the aeronautical charges, can file an appeal against the orders of Telecommunications Dispute Settlement and Appellate Tribunal (TDSAT). A bench comprising Chief Justice of India D Y Chandrachud and Justice J B Pardiwala and Manoj Misra said the appeals filed by AERA against a TDSAT order, which held that the authority cannot impose tariffs on ground and cargo handling services, were maintainable. AERA, the top court said, has a statutory duty to regulate tariff upon a consideration of multiple factors to ensure that airports were run in an economically viable manner without compromising on the interests of the public. "When AERA determines the tariff for aeronautical services in terms of Section 13(1)(a) of the AERA Act, it is acting as a regulator and an interested party. It is interested not in a personal capacity. Its interest lies in ensuring that the concerns of public interest.

Trump vows reciprocal tariffs on India, calls it the biggest tariff charger

While the US imposes minimal tariffs on imports, countries like China and Brazil place hefty charges on American goods, but India surpasses all, says Donald Trump

EU members to vote on proposal to impose tariffs on China made EVs

The Commission last revised the tariff rates in September, imposing levels from 7.8 per cent for Tesla to 35.3 per cent for SAIC

India faces risk of Chinese product influx as US tariffs take effect

Tariffs up to 100% on key items from China take effect today

Donald Trump's new tariff plan falls well short of filling his budget hole

Reconciling the gap won't be easy in an era of already surging government debt

Taiwan denounces China for suspending tariff exemptions on farm goods

China, which claims democratically governed Taiwan as its own territory, has ramped up its pressure on Taipei over the past five years

Italy supports EU's tariffs on Chinese exports of electric vehicles

Italy is aiming for a climate of positive cooperation, and real reciprocity to avoid dumping and obstacles from Beijing

China begins anti-dumping probe into Canadian rapeseed ahead of EV tariff

More than half of rapeseed, also known as canola, exported by Canada makes its way to China

China accuses Canada of protectionism over 100% tariffs on Chinese-made EVs

China on Tuesday accused Canada of protectionism after Prime Minister Justin Trudeau's government imposed a 100% tariff on imports of Chinese-made electric vehicles, matching U.S. duties on Chinese-made EVs. The Chinese Commerce Ministry said in a statement the tariffs would disrupt the stability of global industrial and supply chains, severely impact China-Canada economic and trade ties and damage the interests of enterprises in both countries. China is strongly dissatisfied and firmly opposes this, the statement read. Canada claims it supports free trade and the multilateral trading system based on (World Trade Organization) rules, but it blatantly violated WTO rules and announced it will take unilateral tariff measures by blindly following individual countries. It is typical trade protectionism, it added. The ministry urged Canada to immediately correct its wrong practices and said that Beijing would take any necessary measures to defend the rights and interests of Chinese ...

Canada to impose 100% tariff on Chinese EVs, says PM Justin Trudeau

Ottawa will also impose a 25 per cent tariff on imported steel and aluminum from China, Trudeau told reporters in Halifax, Nova Scotia

China's EV maker's weak response to EU proves costly in tariff dispute

The main factor driving the uneven treatment appears to be varying levels of cooperation

Vodafone Idea subscribers porting out to BSNL after tariff hike: CEO

Capex into 4G to see 15% capacity rise, 16 million users covered in Q2, Moondra says

Cheap Chinese exports prompt 'protectionist' response from Southeast Asia

Economic discontent towards China has intensified in Southeast Asia as Chinese companies with surplus inventory are selling goods at give-away prices