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tariffs

News Reports

USTR proposes 12.5% tariffs on India, others over ‘forced labour’: Is Trump inventing new ways to reimpose tariffs struck down by the Supreme Court?

Shraddha Pandey -
In the report titled “Acts, Policies, and Practices of Various Economies Related to the Failure to Impose and Effectively Enforce a Prohibition on the Importation of Goods Produced with Forced Labor”, the USTR detailed the findings of the investigation launched into trading partners under Section 301 (b)(1) of the Trade Act of 1974.
News Reports

Donald Trump resumes tariff war, announces 25% tariff on cars and trucks imported from the EU citing non-compliance with trade deal

OpIndia Staff -
President Donald J. Trump has announced that he will impose a 25% tariff on cars and trucks imported from the European Union beginning next...
Economy and Finance

Shoe manufacturers plan to set up facilities in India for exporting to the US market after the tariff cut

OpIndia Staff -
A company official stated that "contract manufacturers have already begun ramping up production to meet renewed US orders."
Editor's picks

India to now face 10% tariff from USA, White House clarifies after Trump’s announcements to counter SCOTUS ruling

OpIndia Staff -
Trump insisted that the India-US trade deal remains on track. “I think my relationship with India is fantastic, and we're doing trade with India,” he said.
Editor's picks

Donald ducks SCOTUS order, imposes another 10% sweeping tariffs on all imports with ‘never used before’ provision, calls Supreme Court ‘unpatriotic’

OpIndia Staff -
In a response to a major Supreme Court setback, US President Donald Trump announced the retention of existing national security tariffs and imposed a...
Law

U.S. Supreme Court delivers a massive blow to President Donald Trump, strikes down his global tariffs saying he has no authority

OpIndia Staff -
The U.S. Supreme Court on Friday struck down President Donald Trump’s sweeping global tariffs, ruling that he exceeded his authority by invoking a 1977...
Opinions

India-US trade deal framework: Why the numbers involved tell a different story than the political noise

Dhruv Mishra -
If the current interim trade framework progresses toward a broader bilateral agreement, it suggests that the surplus could exceed $90 billion annually if export expansion materialises alongside increased imports.
News Reports

Trump says he raised tariffs on Switzerland because he didn’t like how Swiss President talked to him, later reduced after receiving Rolex clock and...

OpIndia Staff -
President Trump revealed he increased Swiss tariffs to 39% following a tense call with President Karin Keller-Sutter. Rates were later slashed to 15% after Swiss executives gifted Trump a Rolex clock and gold bar, alongside a $200 billion U.S. investment pledge.
News Reports

Opposition trying to provoke farmer protests by lying about India-US trade deal: Read how it is only interim framework, no tariff cut on major...

Raju Das -
The framework on India-US trade deal is not a binding pact but a preliminary outline reaffirming commitment to broader Bilateral Trade Agreement (BTA) talks
Editor's picks

India-US announce joint framework for interim trade agreement, tariffs slashed to 18%, interests of Indian farmers protected by Modi govt

Shriti Sagar -
The interim framework is expected to act as the base for a much larger and more detailed trade deal in the coming months.
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