Tariffs

Friday, Apr 19, 2024 | Last Update : 10:46 PM IST

The decline in share of foreign trade in national income is mirrored in the decline in India’s share of world exports. In short, the record of the Narendra Modi government in the realm of foreign trade -- both policy and performance -- has been disappointing, especially compared to what was achieved in the preceding decade.n(File Image: AFP)

Sanjaya Baru | A widening gulf: India’s trade policy needs a fix

India's foreign trade performance has declined under the Modi government, reflecting policy shifts and missed opportunities

04 Mar 2024 12:00 AM

Coronavirus originated from China's Wuhan lab: Trump

The US president says he has evidence linking a Wuhan lab to the contagion

01 May 2020 10:37 AM

Beijing suspended additional tariffs on US products that had been due to kick in on Sunday, after Washington and Beijing announced a major thaw in their trade war Friday. (Photo: File)

China suspends planned additional tariffs on US goods

The move follows US President Trump's cancellation of new tariffs on Chinese products as part of a 'phase one' trade deal.

15 Dec 2019 11:54 AM

Trump also said the trade deal with China, if completed, would be signed in the United States.

Trump says has not agreed to roll back tariffs on Chinese goods

US officials said a lot of work remained to be done when Trump announced the outlines of an interim deal last month.

09 Nov 2019 10:19 AM

Trump is due to decide by mid-November whether to impose the supplemental tariffs on cars built in EU countries -- a step particularly feared by the big German automakers. (Photo: AFP | File)

'Trump will not impose tariffs on imported European cars': outgoing EU chief

Trump's administration has been threatening since last year to impose tariffs on auto imports to defend the US automaking sector.

08 Nov 2019 3:12 PM

A White House statement about the call did not give any specifics on the two leaders' discussion of trade issues. (Photo: File)

Johnson urges Trump to lift Scotch whisky tariffs

Boris Johnson also urged Trump not to impose tariffs on car exports, the statement added.

06 Nov 2019 12:43 PM

The United States and India are racing to negotiate a limited trade deal that US President Donald Trump and Prime Minister Narendra Modi can sign at the United Nations General Assembly in New York at the end of September, people familiar with the talks said. (Photo: File)

After 'Howdy, Modi!', PM Modi and Trump may agree to lower tariffs on exports

The United States is also seeking lower tariffs on high-end electronics products, one of the Indian officials said.

22 Sep 2019 8:56 AM

The Trump administration on Sunday began collecting 15 per cent tariffs on more than USD 125 billion in Chinese imports. (Photo: Representational)

China, US kick off new round of tariffs in trade war

The extra tariffs of 5 pc and 10 pc were levied on 1,717 items of a total of 5,078 products originating from the US.

02 Sep 2019 11:45 AM

China retaliated by lowering the value of the yuan and suspended purchases of US agricultural products. (Photo: File)

'China 'badly' wants to make deal with US,' says Trump

The US had already slapped a 25 per cent tariff on a separate USD 250 billion of Chinese imports.

11 Aug 2019 1:06 PM

As a result of the ongoing trade war between the US and China, imports from China to the US dropped by 12 per cent and America's export to China fell by 19 per cent, the daily said. (Photo: File)

China no longer US' top trading partner as tariff war continues

After coming to power, Trump has imposed 25 per cent import tariff on chinese products worth USD 250 billion.

03 Aug 2019 10:23 AM

President said, 'We will work it out. I think they are going to announce that they are going to build a plant in Texas. And if they do that, I am starting to get very happy.' (Photo: File)

Manufacture in US, not China to avoid tariffs, Trump tells Apple

Earlier in the day, Trump said Apple will not get any tariff waiver for its products made in China.

27 Jul 2019 1:21 PM

Jio has sold its tower assets via an investment trust to Canada’s Brookfield Asset Management for 250 billion rupees. (Photo: ANI)

Reliance mobile operator Jio to focus on subscriber numbers not tariffs

Analysts had predicted that Jio would start raising its tariffs as soon as it reached a critical mass of subscribers.

22 Jul 2019 10:39 AM

'Since India's election period has now passed, USTR officials will be visiting India for relationship-building with their Indian government counterparts, including introductory meetings for the new Assistant USTR for India, Christopher Wilson,' USTR spokesperson said. (Photo: ANI)

After Trump accuses high tariffs, US-India trade talks to be held in Delhi

The visit comes days after President Donald Trump accused India of imposing high import duties on American products.

11 Jul 2019 12:08 PM

This month, India slapped higher tariffs on 28 US products in retaliation for Washington’s withdrawal this month of tariff-free trade for certain Indian goods. (Photo: AFP)

‘Not high, in line with WTO rule’: Govt sources rebut Trump’s tariff charge

Earlier Trump tweeted that for years India had put 'very high tariffs against US'. Adding: 'It is unacceptable and must be withdrawn!'

27 Jun 2019 11:56 AM

'This is unacceptable and the tariffs must be withdrawn,' Trump tweeted. (Photo: FIle)

'India's recent tariff hike unacceptable, must be withdrawn,' says Donald Trump

The statement comes hours before Trump is scheduled to meet Prime Minister Narendra Modi at G-20 Summit.

27 Jun 2019 9:53 AM

As part of preparations, U.S. Trade Representative Robert Lighthizer spoke by phone Monday with the top Chinese negotiator, Vice Premier Liu He. (Photo: File)

China hoping Trump-Xi meeting will help bridge differences

Trump has already imposed 25% tariffs on $250 billion in Chinese imports and China has retaliated with tariffs on US goods.

25 Jun 2019 4:53 PM

The broader Nifty fell 0.58 per cent to 11,755.05 as of 0510 GMT, while the benchmark Sensex declined 0.52 per cent to 39,247.55.

Sensex, Nifty falter as tariffs on US goods stoke trade war fears

India putting retaliatory tariffs on US is creating a fear of a trade war,' said Siddhartha Khemka of Motilal Oswal Securities.

17 Jun 2019 12:49 PM

The threat to use China’s rich supply of rare earths as leverage in the conflict has contributed to sharp losses in US stocks. (Photo:AP)

China blames US for trade dispute, but won't escalate further

The report said China has kept its word throughout 11 rounds of talks and will honor its commitments if a trade agreement is reached.

03 Jun 2019 12:15 PM

Trump has made clamping down on legal and illegal immigration a signature policy of his administration. (Photo:AP)

Trump very serious on imposing tariffs on Mexico; says top aide

Mexico's President Andres Manuel Lopez Obrador, who said the president of Mexico wants to keep being a friend of President Donald Trump.

03 Jun 2019 8:44 AM

Washington and Beijing resumed their bruising trade battle last month when the latest round of talks ended without a deal, with American negotiators accusing their Chinese counterparts of reneging on previous commitments. (Photo: File)

China says trade war 'has not made America great again'

The world's top two economies have so far exchanged tit-for-tat tariffs on two-way trade worth hundreds of billions of dollars.

02 Jun 2019 9:46 AM

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Mohan Guruswamy