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TikTok sale would have been final if not for reciprocal tariffs on China: Trump

Donald Trump indicated that reducing tariffs on China could quickly facilitate the deal.

US President Donald Trump speaks to reporters while in flight on Air Force One, en route to Joint Base Andrews on April 6, 2025.(File/AFP)
Updated on Apr 07, 2025 11:59 AM IST

Donald Trump's reciprocal tariffs to kick in from April 5: A 10-point guide

US President Trump announced a 10% universal tariff on most imported goods along with additional high tariffs on around 60 countries as a retaliatory measure.

For China, the 34% reciprocal tariff rate comes in addition to the fentanyl-related 20% tariffs imposed by the US in February. (File/Bloomberg)
Updated on Apr 03, 2025 10:44 AM IST
By | Edited by Nikita Sharma

Donald Trump says 25% tariffs on Canada, Mexico ‘on time’ for March 4 deadline

Along with tariffs on Canada and Mexico, Donald Trump also said the reciprocal tariffs he plans on other countries will also go ahead as planned.

Donald Trump also reiterated that he thinks countries across the world have taken advantage of the US by levying heavy duties(AFP)
Updated on Feb 25, 2025 08:19 AM IST

Donald Trump tariff effect: How your household budget may suffer

Donald Trump's tariff: As a candidate, Trump pledged that he would slap 60% tariffs on goods from China and 10% tariffs on goods imported from other countries.

Donald Trump will return to the White House as the 47th President of the United States. (REUTERS)
Updated on Nov 10, 2024 08:51 PM IST

Negotiating with India on restoring its preferential trade status: US official

Top US trade representative on Thursday said the administration is negotiating with India over its status under trade preference programme Generalized System of Preferences.

Prime Minister Narendra Modi with US president Donald Trump during a meeting at Hyderabad House in New Delhi in February 2020.(Reuters Photo)
Updated on Jun 19, 2020 11:17 AM IST
Washington | ByPress Trust of India | Posted by Kanishka Sarkar

US senators urge Trump to ask India to reduce import tariff on soda ash

About 58 per cent of US soda ash production is exported. According to the Senators, because of the global rise in environmentally conscious policies and the thousands of US jobs dependent on soda ash, the US has prudent interests in keeping tariffs low with India and other nations.

A worker at a road construction site in Gurugram.(Yogendra Kumar/HT PHOTO)
Published on Feb 07, 2020 08:59 AM IST
Washington | ByPress Trust of India

Data, e-commerce laws held up as India, US talk

The sticking points include import tariffs and barriers, and the two proposed laws that officials now say may undergo changes to strike a balance between domestic interests and foreign investors’ concerns.

The sticking points include import tariffs and barriers, and the two proposed laws that officials now say may undergo changes to strike a balance between domestic interests and foreign investors’ concerns.(AFP file photo)
Updated on Jul 29, 2019 08:36 AM IST
Hindustan Times, New Delhi | ByRajeev Jayaswal and Rezaul H Laskar

50 percent tariff on US motorcycles by India unacceptable, says Donald Trump

Trump was referring to the import tariff on the Harley Davidson motorcycles, an issue that has been close to his heart and wants India to reduce it to zero.

USD 800 billion we have in trade deficits with other countries. So you tell me who made those deals,” he said in response to a question.(HT Photo)
Updated on Jun 11, 2019 08:06 AM IST
Washington | ByPress Trust of India

Japan takes India to WTO over mobile phone import duties

Japan’s complaint, the first step in a legal dispute, said India had sought to foster domestic production by adjusting various taxes including customs duties, especially since it launched the “Make in India” campaign in September 2014.

India’s imports of switchers and routers, totalling $5.7 billion in 2018, were dominated by China and Vietnam, while imports from Japan were worth $52 million, less than 1 percent of the Indian import market.(HT photo)
Updated on May 14, 2019 10:33 PM IST
Reuters | ByReuters

Donald Trump calls India one of ‘highest taxing nations’

Such a high tariff is not fair, Trump said Tuesday while addressing the National Republican Congressional Committee Annual Spring Dinner here.

India is one of the world’s “highest taxing nations”, US President Donald Trump has alleged as he again criticised the country for imposing 100 % tariffs on American products, including the iconic Harley-Davidson motorcycles.(AFP)
Updated on Apr 04, 2019 09:37 PM IST
Hindustan Times, Washington | ByYashwant Raj

US-China trade war helps raise soya price

The gap between MSP and actual market prices received by farmers in the case of soyabean has been far narrower than what it has been for other commodities. Low farm-end prices are a key reason why retail food inflation shrunk 0.86% in October, its steepest fall in 13 months, official data show.

In what has been a depressing farm season, soyabean stands out as the only commodity — apart from rice — for which farmers are getting relatively better prices among 13 summer-sown commodities for which the Modi government had promised higher returns.(Reuters File Photo)
Updated on Nov 24, 2018 12:01 AM IST
Hindustan Times, New Delhi | By

India considers more import curbs to prop up rupee

India is considering a proposal to increase import duties on a raft of products ranging from plastic to steel as it seeks to curb a ballooning current-account deficit and prop up a sagging rupee, people familiar with the matter said. Prime Minister Narendra Modi’s administration is planning to increase tariff on items including furniture, chemicals and mobile phone components, the people said, asking not to be named as the information is not public.

An employee counts Indian rupee currency notes inside a private money exchange office in New Delhi July 5, 2013. India's central bank was seen selling dollars via state-run banks on Friday as the rupee approached its record low of 60.76 seen on June 26, four dealers said.(Reuters File Photo)
Updated on Oct 11, 2018 07:13 PM IST
Bloomberg | ByShruti Srivastava and Siddhartha Singh, Bloomberg

It may look like ‘taper tantrum’ but India’s in better shape: Report

In 2013, India bore much of the brunt of the “taper tantrum.”

India is lower down on the list of risky economies, behind countries like Argentina and Turkey.(Bloomberg)
Updated on Sep 27, 2018 07:40 PM IST
Bloomberg | ByAnirban Nag

Indian airlines unlikely to face big hit from tariff on jet fuel imports, govt data shows

India’s move to impose a 5 percent tariff on imported fuel dented shares of domestic airlines on Thursday, sparking fears of further pressure on airlines.

India said on Wednesday it is raising import tariffs on 19 “non-essential items,” including aviation turbine fuel, marking a further tilt toward protectionism as it tries to reduce its widening current account deficit and tackle a sharp slide in the rupee.(AFP)
Updated on Sep 27, 2018 06:20 PM IST
New Delhi | ByReuters

India fights rupee drop, cash crunch in coordinated policy moves

The coordinated policy moves come as India - Asia’s third-largest economy - faces a barrage of bad news, from elevated oil prices and a tumbling rupee to the debt crisis at a lender and a cash crunch in the banking system.

A woman counts Rs 2000 notes.(Bloomberg)
Updated on Sep 27, 2018 07:13 PM IST
Bloomberg | ByKartik Goyal and Anirban Nag

India may withdraw decision to hike tariff on US products if issues resolved

India has announced to increase customs duty on 29 products, including pulses and iron and steel products, imported from the US as a retaliatory action against the tariff hike by Washington.

Trade differences between the United States and India are increasing and last week New Delhi raised duties on US farm products in retaliation against Trump’s tariff hikes on steel and aluminium.(REUTERS)
Updated on Jun 28, 2018 06:11 PM IST
Press Trust of India, New Delhi | By

China’s plans to import Indian drugs fail to enthuse Indian pharma firms

Exports to China are possible only after lengthy field trials and approvals, which could take years, an official at an Indian pharma firm said.

China had said it has removed import duties on as many as 28 medicines, including all cancer drugs, from May 1.(Shutterstock/Photo for representation)
Updated on May 13, 2018 11:45 AM IST
Press Trust of India, Beijing | By

Good news for carmakers as Jinping slashes auto tariffs amid US-China trade spat

China will “significantly lower car import tariffs” and “sincerely hopes to boost imports,” Chinese president Xi Jinping said in a speech at the Boao Forum in Hainan on Tuesday.

A BMW 5-Series Li car is displayed at the Shanghai Auto Show during its media day, in Shanghai, China,(REUTERS File Photo)
Published on Apr 10, 2018 03:22 PM IST
Bloomberg | ByBloomberg News
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