Page 3 - Us Tariffs

Trump imposes 100% tariff on patented drug imports; generics spared

The US has announced a 100 per cent tariff on patented pharma imports from countries like India without reshoring deals, aiming to boost local production, while generics have been exempted for now

Trump admin set to roll out tiered tariffs on steel, aluminium imports

US plans 50% tariffs on many derivative goods, based on import value while others will face 25% duties, with some products taxed at even lower rates

India, US set to clash on WTO reforms ahead of 14th ministerial meeting

India and the US are set to clash over WTO reforms ahead of the MC14 meeting, with New Delhi defending core principles like consensus decision-making and the MFN rule

India to wait for new US tariff architecture before signing interim deal

India remains engaged with the US side for a mutually beneficial trade deal, says Commerce Secretary Rajesh Agrawal, as negotiations continue on tariff changes and non-tariff barriers

Plan B for tariffs: USTR investigations are aimed at restricting imports

After the courts blocked earlier tariffs, the Trump administration turns to Section 301 probes to justify new duties-putting India and other major trading partners under scrutiny

US launches 'forced labour' trade probe against 60 nations, including India

The US Trade Representative has launched an unfair trade practices probe into 60 countries, including India, alleging failure to block imports of goods produced using forced labour

US starts tariff investigation against India and 15 other countries

USTR opens Section 301 investigations into 16 economies, including India, over excess manufacturing capacity that Washington says undermines US industrial revival

Tiruppur picks up the threads, but West Asia war tugs at its fabric

US tariff relief restarts Dollar Town's knitting machines, revives stalled exports, yet the Iran curveball threatens to fray town's delicate recovery

Across workshop lanes of Punjab, the workbench warms as exports recover

Textile mills, engineering units, and sports goods makers across Ludhiana and Jalandhar test a fragile export revival

Tariffs, West Asia crisis get under the skin of Kolkata's leather hub

Every crease and fold tells the story of the city's leather industry, stretched thin by tariffs, disrupted consignments, and a fragile global market

India seeks to retain tariff edge over Asian peers in US trade deal

Goyal said India is closely watching the evolving situation following the US SC's verdict, and will continue to engage with Washington for best possible opportunities in the interim trade deal

Call on standards within 6 months of trade pact rollout: USTR report

USTR says India will determine within six months of the interim pact coming into force whether US or international standards are acceptable for select sectors, easing market access for US exports

India to continue talks for best trade deal with US, says Piyush Goyal

India is closely watching US tariff moves after the Supreme Court verdict, with Goyal saying New Delhi will continue to engage Washington to preserve balance in the newly finalised interim trade deal

Trump tariff turmoil yet to dent emerging countries' growth: EBRD report

Exports from some EBRD countries to the United States even grew, particularly those related to the AI boom, as those countries replaced China's exports

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China to decide on US tariff countermeasures in due course, says ministry

China is willing to hold frank consultations during an upcoming sixth round of US-China economic and trade talks, the commerce ministry official added

Trump eyes new trade probes to revive tariffs after court setback

The administration announced that a 10 per cent levy would be imposed beginning Tuesday morning, which Trump subsequently threatened to increase to 15 per cent

Trump tariffs derailed: What it means for stocks, trade, gold and dollar

A major US Supreme Court ruling has struck down Donald Trump’s sweeping reciprocal tariffs, but a new 15% global tariff has already replaced them.

Donald Trump may turn to old trade laws after Supreme Court tariff blow

With the Supreme Court striking down Trump's use of IEEPA for tariffs, the former president may rely on older trade statutes to revive tariff action. Each carries implications for India

US SC ruling on Trump's tariffs: A China worry for India's iPhone exports

The tax now has been declared "illegal" by the US Supreme Court