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A furious Donald Trump on Friday announced that he would be signing an executive order imposing a 10% global tariff. Trump’s statement comes within hours of the US Supreme Court striking down his reciprocal tariffs and deeming them as illegal.“Today, I will sign an order to impose a 10% global tariff under Section 122, over…
Piyush Goyal has now clarified that Indian exports would also get the same benefit. India-US trade deal: Commerce Minister Piyush Goyal on Thursday said that Indian apparel exports to the US will enjoy zero tariff access, if the raw material is procured from America. Goyal’s comments assume significance after the recently announced US-Bangladesh trade deal…
NEW DELHI: Union minister Piyush Goyal on Monday drew a parallel between trade and sport, remarking that the United States’ 18 per cent tariff on Indian goods mirrored the margin by which India defeated the US in their T20 World Cup match.Goyal praised the performance of the US cricket team despite its loss, using the…
India could secure a marginal competitive advantage in a select group of agricultural products after the United States removed several items from its reciprocal tariff list, the Global Trade Research Initiative (GTRI) has said in a new analysis.A White House Executive Order issued on November 12 exempted coffee, tea, tropical fruits, fruit juices, cocoa, spices,…
Trump employed the International Emergency Economic Powers Act (IEEPA) to implement tariffs on virtually all US trading partners. (AI image) US President Donald Trump’s reciprocal tariffs, that have shaken the world economy, are facing their final test with the Supreme Court hearing cases that question the measure’s legality.Trump has sought the Supreme Court’s support to…
