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Wednesday, September 24, 2025
TopicImport tariffs

Topic: Import tariffs

‘Using US dollars to buy Russian oil’—White House counsellor Peter Navarro justifies 50% tariff on India

In a post on X, the senior White House counsellor said US buys Indian goods, & Delhi uses the proceeds to purchase discounted oil from Moscow, which is used to fund Russia’s war on Ukraine.

50% tariffs on Indian goods take effect, exemptions for pharma, electronics, vehicles

Earlier on 30 July, Trump announced an additional 25% import duties on India. On Monday, Modi said his government will ‘find a way out’ regardless of US economic pressures.

How GST changed import duty revenue for states—no blame, more profit

The IGST component of total import duty collections is growing faster than that from Customs duty. And states enjoy a larger share in the rapidly growing pie of IGST on imports.

‘PM invested heavily in friendship with Trump’: Jairam Ramesh takes tariff jibe at Modi

US President said that India's tariffs are one of the highest in the world & the penalty is a response to 'obnoxious non-monetary barriers'.

India signs FTA with UK today. A look at how domestic exporters will benefit from bilateral deal

Trade deal is set to cut average tariffs from 15% to 3%. Indian agricultural exporters are set to enjoy duty-free access in a number of sectors, similar to those from Germany.

US trade war intensifies as Trump threatens 30% import tariffs on EU, Mexico

The EU & Mexico, both among the largest US trading partners responded by calling the tariffs unfair & disruptive while pledging to continue to negotiate with the US.

Trump imposes 30% tariff on EU & Mexico after negotiations fail to reach trade deal

Trump imposes 30% tariff on EU & Mexico after negotiations fail to reach trade deal

US appeal court allows Donald Trump’s ‘Liberation Day’ tariffs to stay for now

A lower court had earlier placed a block on the new import tariffs announced by Trump stating that he overstepped his authority.

Trump’s executive order doubling tariffs on steel, aluminium imports comes into effect

White House economic adviser Kevin Hassett says thorough study of data revealed the need to push for tariffs from 25% to 50%.

Pakistan’s economic reforms a pushback against elite but it may backfire

The tariff overhaul is a balancing act that is expected to disrupt industries long shielded from global competition, and has few takers for now.

On Camera

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

China navy achieves breakthrough with new fighter jet launch system. What are electromagnetic catapults

China’s most advanced aircraft carrier—Fujian—uses electromagnetic catapults, a core component of future aircraft carriers.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.