Trump Tariffs the World

India exports hit with 27% tariff, Asian peers face higher duties

US President launched the most aggressive global tariff war yet, even by his own standards set in the first term, dealing a blow to the post-World War II liberal trade order that America helped build. He set the reciprocal tariff for India at 27 percent, lower than many Asian rivals, but one that would impact exporting sectors such as gems and jewellery and auto components.

'Not everyone can afford air purifiers': SC refuses to relax firecracker ban in Delhi-NCR

Noting that the "air pollution level remained alarming for a considerably long time," the Supreme Court Thursday refused to relax the ban imposed on the manufacture, storage and sale of firecrackers in Delhi-NCR. 

How to trump tariffs

In an uncertain trade landscape, global firms will seek predictability and openness. India can be a safe haven .

A TALE OF TWO VISITS

PM's BIMSTEC and Sri Lanka tours underline India's regional commitments. 

How did the US calculate reciprocal tariffs? Not how Trump said it would

Leaving aside the wisdom of slapping every country in the world with "reciprocal tariffs", there are now growing concerns about the methodology that the United States used to arrive at country wise tariff rates.

Electronics makers cautiously optimistic, but see immediate risks

As US President announced "retaliatory" tariffs on a slew of countries, demolishing an over 75-year-old global trading system with the imposition of an across-the-board baseline levy, electronics manufacturers that are producing and exporting from India acknowledged that while it could result in a cost barrier, the measure could also offer some ad-vantage to India owing to higher levies imposed on its competitors.